Pensioners and tax returns

UKSBD

My mother receives about £350 a week in state pension  and about another £50 a week from a small personal pension,

This obviously takes her over the tax threshold and she pays about 50% tax on her personal pension,

She has just received an anual interest statement from her non ISA savings of about £200.

I know she won't pay tax on this as it id below the £1,000 allowance, but does she have to declare it in any way.

Do pensioners who have income above the thresholds have to complete tax returns?

sheramber

The banks send details of untaxed interest paid. 

Pensioners do not need to complete tax returns  because they receive  taxable interest, unless they receive £10,000  taxable interest in the year.

A person may have to complete a tax return for other reasons.

Dazed_and_C0nfused

UKSBD said:

My mother receives about £350 a week in state pension  and about another £50 a week from a small personal pension,

This obviously takes her over the tax threshold and she pays about 50% tax on her personal pension,

She has just received an anual interest statement from her non ISA savings of about £200.

I know she won't pay tax on this as it id below the £1,000 allowance, but does she have to declare it in any way.

Do pensioners who have income above the thresholds have to complete tax returns?

If she hasn't previously received one she can now expect to start getting separate bills from HMRC to pay the extra tax she owes on her pension income.

She should receive a Simple Assessment calculation and the tax will be payable by 31 January after the end of each tax year (but always with a minimum of 3 months from when the calculation is issued).

The £200 interest will automatically be taken into account by HMRC but from what you have posted it will all be taxed at 0%.

UKSBD

thanks both