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Taxed on income from last tax year (2023/2024)

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My local government pension started on 9th March 2024. I had advised GMPF that I wished to claim this in good time and my completed forms were submitted on 25th February 2024. They missed the pay date of 29th March and advised me that I would receive my first payment for period 9th March to 30th April on 30th April .  
I have seen viewed my upcoming payslip and note that I have paid tax on it . I believe that this is due to my first payment including income which really should have been paid in the last tax year. I really should not be paying any tax as my income is below my allowance except for this 30 April skewed payment. 
Any advice appreciated. 
I recently received a revised tax code letter for 2023/24 and notice of my code for 2024/2025. 

Comments

  • Hoenir
    Hoenir Posts: 7,742 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 21 April 2024 at 7:07PM
    traceyaj said:
    I had advised GMPF that I wished to claim this in good time and my completed forms were submitted on 25th February 2024.  
    Probably not earlier enough to meet the payroll processing deadline cutoff date for March.  
  • traceyaj said:
    My local government pension started on 9th March 2024. I had advised GMPF that I wished to claim this in good time and my completed forms were submitted on 25th February 2024. They missed the pay date of 29th March and advised me that I would receive my first payment for period 9th March to 30th April on 30th April .  
    I have seen viewed my upcoming payslip and note that I have paid tax on it . I believe that this is due to my first payment including income which really should have been paid in the last tax year. I really should not be paying any tax as my income is below my allowance except for this 30 April skewed payment. 
    Any advice appreciated. 
    I recently received a revised tax code letter for 2023/24 and notice of my code for 2024/2025. 
    What happens in a single pay period isn't the end of the matter.

    How much do you expect this pension to be (the taxable part not any TFLS/PCLS) in 2024-25 with the extra bit for the first few weeks included?
  • traceyaj
    traceyaj Posts: 181 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    traceyaj said:
    My local government pension started on 9th March 2024. I had advised GMPF that I wished to claim this in good time and my completed forms were submitted on 25th February 2024. They missed the pay date of 29th March and advised me that I would receive my first payment for period 9th March to 30th April on 30th April .  
    I have seen viewed my upcoming payslip and note that I have paid tax on it . I believe that this is due to my first payment including income which really should have been paid in the last tax year. I really should not be paying any tax as my income is below my allowance except for this 30 April skewed payment. 
    Any advice appreciated. 
    I recently received a revised tax code letter for 2023/24 and notice of my code for 2024/2025. 
    What happens in a single pay period isn't the end of the matter.

    How much do you expect this pension to be (the taxable part not any TFLS/PCLS) in 2024-25 with the extra bit for the first few weeks included?
    From 9 March 2024 to 31 March 2025. £8808. My tax code allocated to this is 861T. The rest of my tax code is allocated to Hargreaves Lansdown and the 10% transfer to husbands allowance. 
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