Scottish Winter Fuel Payment

OAPTROON

Today my bank accunt recieved a payment of £101.70 attributable  to the Scottish Pension Age Winter Fuel Payment. As my taxable earnings exceed £35000 they will claw the payment back via PAYE.
My concern is the administrive cost involved in the payment and clawback will probably exceed the amount that was paid.
Is this process a waste of public money, does anyone know?

Isthisforreal99

OAPTROON said:

Today my bank accunt recieved a payment of £101.70 attributable  to the Scottish Pension Age Winter Fuel Payment. As my taxable earnings exceed £35000 they will claw the payment back via PAYE.
My concern is the administrive cost involved in the payment and clawback will probably exceed the amount that was paid.
Is this process a waste of public money, does anyone know?

Probably......but if you were that concerned you would have opted out to avoid the administrative cost?

Ayr_Rage

I received my £203.40 heating bung today so will stick that in Zopa savings until they decide how it will be clawed back from those of us that fill in annual SA returns.

I know they say via PAYE but still wonder if the payment will be pre-filled somewhere on the SA form.

I also have another dilemma, how to spend my £10 Pension Winter Bonus that also arrived today.

OAPTROON

Isthisforreal99 said:

OAPTROON said:

Today my bank accunt recieved a payment of £101.70 attributable  to the Scottish Pension Age Winter Fuel Payment. As my taxable earnings exceed £35000 they will claw the payment back via PAYE.
My concern is the administrive cost involved in the payment and clawback will probably exceed the amount that was paid.
Is this process a waste of public money, does anyone know?

Probably......but if you were that concerned you would have opted out to avoid the administrative cost?

Didn't know I could opt out. Haven't  recieved  any notification of payment, just arrived in bank account.

Dazed_and_C0nfused

OAPTROON said:

Isthisforreal99 said:

OAPTROON said:

Today my bank accunt recieved a payment of £101.70 attributable  to the Scottish Pension Age Winter Fuel Payment. As my taxable earnings exceed £35000 they will claw the payment back via PAYE.
My concern is the administrive cost involved in the payment and clawback will probably exceed the amount that was paid.
Is this process a waste of public money, does anyone know?

Probably......but if you were that concerned you would have opted out to avoid the administrative cost?

Didn't know I could opt out. Haven't  recieved  any notification of payment, just arrived in bank account.

Details are here for Scotland.  Nothing you can do now for this payment but you could opt out of future payments if you wanted.

https://www.mygov.scot/pension-age-winter-heating-payment/opt-out-of-the-payment

Dazed_and_C0nfused

Ayr_Rage said:

I received my £203.40 heating bung today so will stick that in Zopa savings until they decide how it will be clawed back from those of us that fill in annual SA returns.

I know they say via PAYE but still wonder if the payment will be pre-filled somewhere on the SA form.

I also have another dilemma, how to spend my £10 Pension Winter Bonus that also arrived today.

Whether it's pre filled or not there will no doubt be boxes for it and you would have to make sure you included it on the return. 

CosmoChic

OAPTROON said:

Today my bank accunt recieved a payment of £101.70 attributable  to the Scottish Pension Age Winter Fuel Payment. As my taxable earnings exceed £35000 they will claw the payment back via PAYE.
My concern is the administrive cost involved in the payment and clawback will probably exceed the amount that was paid.
Is this process a waste of public money, does anyone know?

The alternative would involve much more public money, energy, and resources.

molerat

CosmoChic said:

OAPTROON said:

Today my bank accunt recieved a payment of £101.70 attributable  to the Scottish Pension Age Winter Fuel Payment. As my taxable earnings exceed £35000 they will claw the payment back via PAYE.
My concern is the administrive cost involved in the payment and clawback will probably exceed the amount that was paid.
Is this process a waste of public money, does anyone know?

The alternative would involve much more public money, energy, and resources.

I doubt the total cost would be any different.  Just more "seen to be doing" politics.

Eldi_Dos

I know Troon is quite a posh place but I have never heard a bank account referred to as such, is it similar to a creche in Morningside?