State Pension on Tax Return (deferred)

pinnks

Interesting, so even if you do not claim for, say, 3 years, you can backdate your claim when you make it for 12 months, meaning you end up with 2 years of deferral with a 5.8% increase etc and one year paid as a lump sum at the rate for that year but without interest.  I guess that could be helpful for anyone who mistakenly defers thinking the old rules still apply?

Do you know where this is set down in statute?

molerat

https://www.legislation.gov.uk/ukpga/2014/19/section/16

(6)Regulations may allow a person who has opted to suspend his or her entitlement to a state pension under this Part to cancel the exercise of that option (in whole or in part) in relation to a past period.

https://www.legislation.gov.uk/uksi/2015/173/regulation/9

(3) The past period mentioned in paragraph (1) is any period of up to 12 months before the date on which the person cancels the suspension.

pinnks

Thanks molerat - exaclty what I was hoping for.