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Pension Credit Guarantee Credit
johnbar
Posts: 25 Forumite
I received A letter in Jan 2025 from DWP saying that from April 2025 my Pension Credit will be such amount, the last amount i received had decreased, why would that be?
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Most likely reason is a change in circumstance, or the correction of a previous overpayment.johnbar said:I received A letter in Jan 2025 from DWP saying that from April 2025 my Pension Credit will be such amount, the last amount i received had decreased, why would that be?Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!1 -
There has been no overpayment, or change of circumstance? the only change i can put it down to is my Bank Balance / savings fluctuating, but how would they know if this was the reason? as these are private accounts, i must say the amount it has decreased by is about £1 a Month.Marcon said:
Most likely reason is a change in circumstance, or the correction of a previous overpayment.johnbar said:I received A letter in Jan 2025 from DWP saying that from April 2025 my Pension Credit will be such amount, the last amount i received had decreased, why would that be?0 -
Banks have to report to HMRC on interest paid to customers, so that's how they would know.johnbar said:
There has been no overpayment, or change of circumstance? the only change i can put it down to is my Bank Balance / savings fluctuating, but how would they know if this was the reason? as these are private accounts, i must say the amount it has decreased by is about £1 a Month.Marcon said:
Most likely reason is a change in circumstance, or the correction of a previous overpayment.johnbar said:I received A letter in Jan 2025 from DWP saying that from April 2025 my Pension Credit will be such amount, the last amount i received had decreased, why would that be?Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!1
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