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  • FIRST POST
    usignuolo
    Should I get an annual statement of my state pension for my tax return?
    • #1
    • 22nd Jan 12, 1:19 PM
    Should I get an annual statement of my state pension for my tax return? 22nd Jan 12 at 1:19 PM
    I retired in 2010 and I have both a state pension (enhanced from SERPS) and a Civil Service Pension. Neither the enhancement nor the CS Pension is very large but I still need to complete a self assessment tax form on which I have to put my income for the year.

    I have assembled all the paperwork. The Civil Service Pension sent me a P60 in 2011 saying how much pension they paid me in the year ending march 2011. But I have not received any similar document in respect of my state pension service.

    When I first claimed my state pension, I received a calculation of how much was due including SERPS entitlement less a sum reflecting any benefits from a contracted out scheme of which I was a member for a while. But nothing since.

    More recently I received a letter from the CS scheme explaining how tax codes for the two schemes (state and CS would be offset as appropriate. But I have never received any documentation from the state scheme since that first estimate although I am being paid monthly and the amount looks about right

    So short of adding up my individual bank statements which reflect state pension after tax, I do not know how much it actually was for the year. I know this sounds daft but the letter with the quotation they originally sent me had all sorts of small amounts on it, additions and deductions and i think there was a small state increase announced last year. The monthly amount I am now getting from the state scheme does differ slightly from the original estimate but that may be due to changed tax codes.

    Should I receive an annual statement in P60 or other form of how much state pension I have received, to enter on my tax return? Or do I have to go through all my bank statements for the year and add it up (which will of course be the after tax figure)?
    Last edited by usignuolo; 22-01-2012 at 1:21 PM.
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