self assessment state pension statement

klaclh1966

Hi.  Hopefully someone can help. Filling in my 2022/23 tax return and I need to enter my state pension income. I don't have this information. Do I just add up all the payments that went into my bank during that period?  Online information says I can request a BR735 for pension department but it has to be done by calling 0800 7310469. Been trying since last week to get through but number keeps cutting out.
Any ideas please

sheramber

If your doindg it online, you may find the state pension amount is already already entered   on the return when you access it.

mebu60

klaclh1966 said:

Hi.  Hopefully someone can help. Filling in my 2022/23 tax return and I need to enter my state pension income. I don't have this information. Do I just add up all the payments that went into my bank during that period?  Online information says I can request a BR735 for pension department but it has to be done by calling 0800 7310469. Been trying since last week to get through but number keeps cutting out.
Any ideas please

No. Unlike everything else which is based on date of receipt, State Pension is the amount you were due to receive in the tax year so you may have to do a bit of manual calculation around the tax year start and end based on your bank receipts. As @sheramber says, you may be lucky and have the correct amount already inserted on the SA form online.  

ajfhpuzzled9999

Can it really be true that the millions of pensioners who complete a yearly self assessment have no way to fill in the State Benefit Received box without calling a number and waiting up to 28 working days for a BR735? Adding up payments into the bank account gives the wrong number, and HMRC then write to tell you you messed up your return! This is madness!

pleataring

Do I understand correctly that I can use the BR735 form from the Pension Service to enter the amount of the state pension into Self Assessment? Or are there other official ways to obtain this information besides bank statements?

molerat

Work it out yourself, it ain't rocket science.  It is simply how many weeks were due in the tax year, not how much was paid.

For instance if you get paid 4 weeks on 18th April 2025 then 2 of those weeks are 24/25 and 2 are 25/26 with one of those 25/26 weeks being at the old rate and one at the new.

poseidon1

For the purposes of computing the taxable state pension, the calculator below can assist. Sadly this is on a current tax year basis ( 2024/25) , but no doubt would have been available for 2022/23 had the OP been aware of it. 

https://www.gov.uk/self-assessment-tax-calculator

The calculator is also directly accessible via the HMRC app. Link to access the app below.

https://www.gov.uk/guidance/download-the-hmrc-app?&utm_source=google&utm_medium=paidsearch&utm_campaign=app&utm_content=generic&gad_source=1&gclid=Cj0KCQiAwtu9BhC8ARIsAI9JHalsgmYJloI7ROHCuSWJJGl5kG1k9-9YqXi76lrHTPUBI-5ida2BDFwaAiiYEALw_wcB&gclsrc=aw.ds

 I accept for many elderly pensioners their digital skills maybe somewhat lacking in order to avail themselves of this option, but anyone able to interact with this forum should be capable of  doing so. Potentially useful for the OP going forward but does not immediately address his predicament for 2022/23.

However as indicated by sheramber the 2022/23 state pension amount may already be pre- populated in OP 's self assessment account, which is directly accessible via the HMRC app.

In passing I consider myself reasonably numerate, but having access to HMRC's computation of my taxable state pension, is one less computation to worry about ( all my varied income sources are untaxed).

mksysb

Assuming you are paid monthly, just take one of the monthly payments during the year and multiply by 13.

Dazed_and_C0nfused

mksysb said:

Assuming you are paid monthly, just take one of the monthly payments during the year and multiply by 13.

I presume you mean 4 weekly not monthly 🤔 

sheramber

mksysb said:

Assuming you are paid monthly, just take one of the monthly payments during the year and multiply by 13.

That doesn't take into account that the April payment may include  a change of rate part way through the payment period.

Tax is charged on what you are due to receive, not what actually receive.

mksysb

sheramber said:

mksysb said:

Assuming you are paid monthly, just take one of the monthly payments during the year and multiply by 13.

That doesn't take into account that the April payment may include  a change of rate part way through the payment period.

Tax is charged on what you are due to receive, not what actually receive.

Do you have an authoritative source to back this up?

Whenever HMRC have worked out my tax they have just taken the yearly pension amount ie the weekly amount times 52.  They haven't bothered messing around with start and end payments.