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P60's

2

Comments

  • Silvertabby
    Silvertabby Posts: 10,167 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic

    Do you pay tax from this pension?

    I do pay tax - but not this year from that pension
    Then that's why you didn't receive a P60 - there was no need for it. ie, no tax and no NI.

    surely everyone who earns any income should receive P60's ?
    anyway - also I am unable to do other things via their website such as change address, bank accounts, or  view historic statements etc
    one of my other ex employers pays me £40 pa pension- and I receive P60's on that amount
    But do you pay tax on that pension?  
  • MouldyOldDough
    MouldyOldDough Posts: 2,722 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper

    Do you pay tax from this pension?

    I do pay tax - but not this year from that pension
    Then that's why you didn't receive a P60 - there was no need for it. ie, no tax and no NI.

    surely everyone who earns any income should receive P60's ?
    anyway - also I am unable to do other things via their website such as change address, bank accounts, or  view historic statements etc
    one of my other ex employers pays me £40 pa pension- and I receive P60's on that amount
    But do you pay tax on that pension?  

    Yes - I do pay tax (around £40 pa) on this pension and still have not been sent a P60 !
    I do not have access to any on-line (change address/bank details etc) - due to this pension company taking over many other small pension companies
    But I have just discovered that PIC is part of Capita !!

    If I was half as smart as I think I am - I'd be twice as smart as I REALLY am.
  • jem16
    jem16 Posts: 19,639 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    Do you pay tax from this pension?

    I do pay tax - but not this year from that pension
    Then that's why you didn't receive a P60 - there was no need for it. ie, no tax and no NI.

    surely everyone who earns any income should receive P60's ?
    anyway - also I am unable to do other things via their website such as change address, bank accounts, or  view historic statements etc
    one of my other ex employers pays me £40 pa pension- and I receive P60's on that amount
    But do you pay tax on that pension?  

    Yes - I do pay tax (around £40 pa) on this pension and still have not been sent a P60 !
    I do not have access to any on-line (change address/bank details etc) - due to this pension company taking over many other small pension companies
    But I have just discovered that PIC is part of Capita !!
    You pay tax of £40pa on a pension paying £40pa??
  • Marcon
    Marcon Posts: 14,571 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    edited 7 May at 11:17AM

    Do you pay tax from this pension?

    I do pay tax - but not this year from that pension
    Then that's why you didn't receive a P60 - there was no need for it. ie, no tax and no NI.

    surely everyone who earns any income should receive P60's ?
    anyway - also I am unable to do other things via their website such as change address, bank accounts, or  view historic statements etc
    one of my other ex employers pays me £40 pa pension- and I receive P60's on that amount
    But do you pay tax on that pension?  

    Yes - I do pay tax (around £40 pa) on this pension and still have not been sent a P60 !
    I do not have access to any on-line (change address/bank details etc) - due to this pension company taking over many other small pension companies
    But I have just discovered that PIC is part of Capita !!
    No it isn't. They are wholly separate organisations - Capita provides pension administration services where PIC has 'bought out' the liabilities of former occupational pension schemes.

    The terms of the buy out of your particular pension scheme will have been agreed between the trustees of that scheme and PIC, and PIC will have given the relevant instructions to Capital on how the administration is to be run.

    You say that 'surely everyone who earns any income should receive P60's ?' but as others have already pointed out, there is no requirement to issue a P60 where you haven't paid tax on your pension income during the year. 
    Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!  
  • MouldyOldDough
    MouldyOldDough Posts: 2,722 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    jem16 said:

    Do you pay tax from this pension?

    I do pay tax - but not this year from that pension
    Then that's why you didn't receive a P60 - there was no need for it. ie, no tax and no NI.

    surely everyone who earns any income should receive P60's ?
    anyway - also I am unable to do other things via their website such as change address, bank accounts, or  view historic statements etc
    one of my other ex employers pays me £40 pa pension- and I receive P60's on that amount
    But do you pay tax on that pension?  

    Yes - I do pay tax (around £40 pa) on this pension and still have not been sent a P60 !
    I do not have access to any on-line (change address/bank details etc) - due to this pension company taking over many other small pension companies
    But I have just discovered that PIC is part of Capita !!
    You pay tax of £40pa on a pension paying £40pa??

    No - I never said that I earn £40 on THIS pension - in fact I earn approx £1050
    What I was saying was that I earn £40 on ANOTHER pension and receive P60s on THAT pension !

    If I was half as smart as I think I am - I'd be twice as smart as I REALLY am.
  • sheramber
    sheramber Posts: 22,682 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    jem16 said:

    Do you pay tax from this pension?

    I do pay tax - but not this year from that pension
    Then that's why you didn't receive a P60 - there was no need for it. ie, no tax and no NI.

    surely everyone who earns any income should receive P60's ?
    anyway - also I am unable to do other things via their website such as change address, bank accounts, or  view historic statements etc
    one of my other ex employers pays me £40 pa pension- and I receive P60's on that amount
    But do you pay tax on that pension?  

    Yes - I do pay tax (around £40 pa) on this pension and still have not been sent a P60 !
    I do not have access to any on-line (change address/bank details etc) - due to this pension company taking over many other small pension companies
    But I have just discovered that PIC is part of Capita !!
    You pay tax of £40pa on a pension paying £40pa??

    No - I never said that I earn £40 on THIS pension - in fact I earn approx £1050
    What I was saying was that I earn £40 on ANOTHER pension and receive P60s on THAT pension !
    That is their choice. There is no requirement for them to do so. 
  • jem16
    jem16 Posts: 19,639 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yjem16 said:

    Do you pay tax from this pension?

    I do pay tax - but not this year from that pension
    Then that's why you didn't receive a P60 - there was no need for it. ie, no tax and no NI.

    surely everyone who earns any income should receive P60's ?
    anyway - also I am unable to do other things via their website such as change address, bank accounts, or  view historic statements etc
    one of my other ex employers pays me £40 pa pension- and I receive P60's on that amount
    But do you pay tax on that pension?  

    Yes - I do pay tax (around £40 pa) on this pension and still have not been sent a P60 !
    I do not have access to any on-line (change address/bank details etc) - due to this pension company taking over many other small pension companies
    But I have just discovered that PIC is part of Capita !!
    You pay tax of £40pa on a pension paying £40pa??

    No - I never said that I earn £40 on THIS pension - in fact I earn approx £1050
    What I was saying was that I earn £40 on ANOTHER pension and receive P60s on THAT pension !
    You mentioned that you had another pension that paid £40pa and you received a P60 for it. You were then asked if you paid any tax on that £40pa pension. If you do then that is why you receive a P60 for it.

    With regards to the other pension where you haven’t received a P60. It’s because you haven’t paid any tax on it.
  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 17,677 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    jem16 said:
    Yjem16 said:

    Do you pay tax from this pension?

    I do pay tax - but not this year from that pension
    Then that's why you didn't receive a P60 - there was no need for it. ie, no tax and no NI.

    surely everyone who earns any income should receive P60's ?
    anyway - also I am unable to do other things via their website such as change address, bank accounts, or  view historic statements etc
    one of my other ex employers pays me £40 pa pension- and I receive P60's on that amount
    But do you pay tax on that pension?  

    Yes - I do pay tax (around £40 pa) on this pension and still have not been sent a P60 !
    I do not have access to any on-line (change address/bank details etc) - due to this pension company taking over many other small pension companies
    But I have just discovered that PIC is part of Capita !!
    You pay tax of £40pa on a pension paying £40pa??

    No - I never said that I earn £40 on THIS pension - in fact I earn approx £1050
    What I was saying was that I earn £40 on ANOTHER pension and receive P60s on THAT pension !
    You mentioned that you had another pension that paid £40pa and you received a P60 for it. You were then asked if you paid any tax on that £40pa pension. If you do then that is why you receive a P60 for it.

    With regards to the other pension where you haven’t received a P60. It’s because you haven’t paid any tax on it.
    To be fair it could simply be because the deadline hasn't passed yet and the pension payer will provide the P60 later this month.
  • MouldyOldDough
    MouldyOldDough Posts: 2,722 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    jem16 said:
    Yjem16 said:

    Do you pay tax from this pension?

    I do pay tax - but not this year from that pension
    Then that's why you didn't receive a P60 - there was no need for it. ie, no tax and no NI.

    surely everyone who earns any income should receive P60's ?
    anyway - also I am unable to do other things via their website such as change address, bank accounts, or  view historic statements etc
    one of my other ex employers pays me £40 pa pension- and I receive P60's on that amount
    But do you pay tax on that pension?  

    Yes - I do pay tax (around £40 pa) on this pension and still have not been sent a P60 !
    I do not have access to any on-line (change address/bank details etc) - due to this pension company taking over many other small pension companies
    But I have just discovered that PIC is part of Capita !!
    You pay tax of £40pa on a pension paying £40pa??

    No - I never said that I earn £40 on THIS pension - in fact I earn approx £1050
    What I was saying was that I earn £40 on ANOTHER pension and receive P60s on THAT pension !
    You mentioned that you had another pension that paid £40pa and you received a P60 for it. You were then asked if you paid any tax on that £40pa pension. If you do then that is why you receive a P60 for it.

    With regards to the other pension where you haven’t received a P60. It’s because you haven’t paid any tax on it.
    Yes and I pay tax on this slightly larger pension as well 

    If I was half as smart as I think I am - I'd be twice as smart as I REALLY am.
  • jem16
    jem16 Posts: 19,639 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    jem16 said:
    Yjem16 said:

    Do you pay tax from this pension?

    I do pay tax - but not this year from that pension
    Then that's why you didn't receive a P60 - there was no need for it. ie, no tax and no NI.

    surely everyone who earns any income should receive P60's ?
    anyway - also I am unable to do other things via their website such as change address, bank accounts, or  view historic statements etc
    one of my other ex employers pays me £40 pa pension- and I receive P60's on that amount
    But do you pay tax on that pension?  

    Yes - I do pay tax (around £40 pa) on this pension and still have not been sent a P60 !
    I do not have access to any on-line (change address/bank details etc) - due to this pension company taking over many other small pension companies
    But I have just discovered that PIC is part of Capita !!
    You pay tax of £40pa on a pension paying £40pa??

    No - I never said that I earn £40 on THIS pension - in fact I earn approx £1050
    What I was saying was that I earn £40 on ANOTHER pension and receive P60s on THAT pension !
    You mentioned that you had another pension that paid £40pa and you received a P60 for it. You were then asked if you paid any tax on that £40pa pension. If you do then that is why you receive a P60 for it.

    With regards to the other pension where you haven’t received a P60. It’s because you haven’t paid any tax on it.
    Yes and I pay tax on this slightly larger pension as well 
    I’m afraid your replies are rather confusing as you said way back at he beginning that you hadn’t paid tax on the pension you want the P60 from.

    Basically if no tax has been paid then there is no requirement for a P60. If tax has been paid on a particular income (not just in total over all incomes) then a P60 is meant to be sent by end of May and we’re not there yet.
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