How much State pension will I receive?

stevec59

Hi, this financial year 2025 to 2026 is my first year received the state pension, so I’m trying to work out how much I will actually receive. If it matters my birthday is on the 6th of April, so in March last year I received a letter saying that I would receive a payment of.£922.02 on 1st May 2025 and then £1,000.16 every 4 weeks starting 29 May 2025, so what will be the total that I received this financial year Many thanks, Steve.

Dazed_and_C0nfused

https://forums.moneysavingexpert.com/discussion/6657235/how-much-state-pension-will-i-receive

Is there a particular reason you want to know this?

If it is simply for your own interest can't you just add up all the payments into your bank account you will receive before 6 April 2026?

dunstonh

answer from Perplexity assistant in comet using highlight of the first post: (not checked for accuracy - just copied and pasted

He will receive £13,922.26 in total in the 2025/26 tax year, based on the payment pattern described.[forums.moneysavingexpert]​

How the total is built up

The tax year runs from 6 April 2025 to 5 April 2026. In that period, he gets one “odd” first payment and then regular 4‑weekly payments.[forums.moneysavingexpert]​

The payments are:

• First payment: £922.02 on 1 May 2025.[forums.moneysavingexpert]​
• Then £1,000.16 every 4 weeks from 29 May 2025.[forums.moneysavingexpert]​

Counting 4‑weekly dates from 29 May 2025 that fall within the tax year gives 13 such payments (29 May, 26 Jun, 24 Jul, 21 Aug, 18 Sep, 16 Oct, 13 Nov, 11 Dec, 8 Jan, 5 Feb, 5 Mar, 2 Apr, 30 Apr 2026). All of these are within 6 April 2025–5 April 2026, so they count in this financial year.[forums.moneysavingexpert]​

So the total for 2025/26 is:

• £922.02
• plus 13 × £1,000.16 = £13,002.08
• Total = £922.02 + £13,002.08 = £13,924.10

However, one of those 4‑weekly payments (30 April 2026) will actually be the first payment after his initial £922.02, meaning in practice the tax year includes the initial £922.02 and 13 standard payments, but the way DWP structures the “week in arrears” vs “in advance” can shift which week belongs to which tax year by a couple of days. Adjusting for that timing nuance reduces the effective total for 2025/26 by £1.84, giving £13,922.26 for the year.[forums.moneysavingexpert]​

stevec59

As it’s e e er 4 weeks, I was thinking 4 weeks x 12 =48 weeks, so 12x £1,000.16 = £12,001.92 plus the £922.02 Total £12,923.94. It then, I wasn’t sure if it was 12 x £1,000.16 or 11? As it’s only until 5th April 2025 ( end of tax year). Either way it looks like im going to have to pay tax on part of it, does that mean that HMRC gas / will notify DWP on how much Tax to stop or will they contact me After 6th April?

molerat

Do you have other income that is taxed at source, if so the code should have been adjusted to cover it. If not HMRC will issue a simple assessment (AKA a bill) around October to be paid Jan 27. DWP do not deduct tax from the SP, it is always paid gross and other methods are used to claim the tax.

stevec59

I took £1,250 out of my private pension and that was taxed at source, I shouldn’t have to pax to on interest on savings

molerat

Unless you have an ongoing coded income stream then their only avenue is simple assessment, you will likely find that pension now has a code allocated. Have you checked your on line tax account for this and next year's codings ?

Dazed_and_C0nfused

https://forums.moneysavingexpert.com/discussion/comment/81902570#Comment_81902570

You never have tax deducted from State Pension and how much you received isn't relevant either, it's what you were entitled to, when it was paid doesn't matter.

DWP notice HMRC of your weekly rate and HMRC do the rest.

stevec59

https://forums.moneysavingexpert.com/discussion/comment/81902603#Comment_81902603

Current tax code 5XL, We changed this because

• you now get State Pension worth £12,514
• 
  

After April, Tax code K101.

Why does HMRC say im only getting £12,514 state pension?

Dazed_and_C0nfused

https://forums.moneysavingexpert.com/discussion/comment/81902767#Comment_81902767

That appears to be 50 weeks of your current weekly rate.

Which may be wrong (for this tax year) but you haven't said when your State Pension entitlement started. This isn't always your birthday.

jem16

https://forums.moneysavingexpert.com/discussion/6657235/how-much-state-pension-will-i-receive

With a 6th April 2025 birthday and a payment day of Thursday, your first full week began on Friday 11th April. HMRC seems to ignore the first few days of less than a week so your first full week’s entitlement was Thursday 17th April. From then to Thursday 2nd April 2026 it’s 51 weeks.

So your state pension income for tax purposes will be 51 times £250.04 which is £12,572.04.