State Pension and self-assessment tax return

Ponsienella2

My husband is completing his first tax return since claiming state pension part way through 2023.The form states to enter his entitlement and the DWP figure already on the form is £7,865.

He actually received £7,204.28 up to 15th March and, as it is paid in arrears, his entitlement would require another 21 days to 5th April. His weekly amount last year was £231.33 and so his entitlement would be £7,898.27 by my calculation. 

I know it is only £33 adrift but am wondering why. His pension comprised:
Basic pension £203.85
Increase for delaying it £17.36
Protected pension £10.12
Total weekly pension £231.33

Ideas anyone?

eskbanker

If he was receiving £231 weekly, that's £33 per day, which corresponds to the difference between those two figures - I don't actually know why that would be relevant though and it could just be a coincidence!

Ponsienella2

eskbanker said:

If he was receiving £231 weekly, that's £33 per day, which corresponds to the difference between those two figures - I don't actually know why that would be relevant though and it could just be a coincidence!

Yes, that occurred to me too but 16th March - 5th April inclusive is definitely 21 days so I think it is a coincidence (or an error by them). There would have to only be 20 days of unpaid pension to make his entitlement the £7,865 that DWP have entered.

The only other thing I thought of was that it also corresponds to 3 weeks of the Protected Payment amount and that maybe DWP omitted that for some unknown reason. Again, it could just be a coincidence. 

Dazed_and_C0nfused

Ponsienella2 said:

My husband is completing his first tax return since claiming state pension part way through 2023.The form states to enter his entitlement and the DWP figure already on the form is £7,865.

He actually received £7,204.28 up to 15th March and, as it is paid in arrears, his entitlement would require another 21 days to 5th April. His weekly amount last year was £231.33 and so his entitlement would be £7,898.27 by my calculation. 

I know it is only £33 adrift but am wondering why. His pension comprised:
Basic pension £203.85
Increase for delaying it £17.36
Protected pension £10.12
Total weekly pension £231.33

Ideas anyone?

HMRC deal in whole week's when it comes to the State Pension.

£7,865 is 34 weeks of £231.33.

Ponsienella2

Dazed_and_C0nfused said:

HMRC deal in whole week's when it comes to the State Pension.

£7,865 is 34 weeks of £231.33.

That's it. They have treated 33 weeks and 6 days as 34 weeks. Thanks so much. 

Dazed_and_C0nfused

Ponsienella2 said:

Dazed_and_C0nfused said:

HMRC deal in whole week's when it comes to the State Pension.

£7,865 is 34 weeks of £231.33.

That's it. They have treated 33 weeks and 6 days as 34 weeks. Thanks so much. 

Are you sure about that?

What was the date the State Pension started?  Not the first payment received, the date it officially commenced?

Ponsienella2

Dazed_and_C0nfused said:

Ponsienella2 said:

Dazed_and_C0nfused said:

HMRC deal in whole week's when it comes to the State Pension.

£7,865 is 34 weeks of £231.33.

That's it. They have treated 33 weeks and 6 days as 34 weeks. Thanks so much. 

Are you sure about that?

What was the date the State Pension started?  Not the first payment received, the date it officially commenced?

11th August 2023.
The letter stated he'd receive a payment on Friday 1st September which would cover 11th August to 1st September 2023 and then subsequently on 29th September with the 4-weekly amount.

Ponsienella2

Having checked again, that appears to be 34 weeks and 1 day. 

Dazed_and_C0nfused

Ponsienella2 said:

Dazed_and_C0nfused said:

Ponsienella2 said:

Dazed_and_C0nfused said:

HMRC deal in whole week's when it comes to the State Pension.

£7,865 is 34 weeks of £231.33.

That's it. They have treated 33 weeks and 6 days as 34 weeks. Thanks so much. 

Are you sure about that?

What was the date the State Pension started?  Not the first payment received, the date it officially commenced?

11th August 2023.
The letter stated he'd receive a payment on Friday 1st September which would cover 11th August to 1st September 2023 and then subsequently on 29th September with the 4-weekly amount.

What he receives is of no relevance for tax purposes.

With a start date of 11th August 2023 he was entitled to State Pension for 239 days. 34 weeks and 1 day.

So £7,865 is the figure I would have expected to see for that first (part) year.