The Book-keepers Forum (BKF)

Post Info TOPIC: State Pension for 09/10


Senior Member

Status: Offline
Posts: 244
Date:
State Pension for 09/10
Permalink Closed


Does anyone know where I can find the gross State Pension rate for 09/10 for a 69 year old married chap? A client has asked me to help him with his SA tax return but his paper filing is not all he would wish. Although he knows what he received, he can't find his P60.

It's the only thing left to put into his Return. Many thanks if anyone can steer me in the right direction.

Andrew

__________________
Andrew
gbm


Guru

Status: Offline
Posts: 896
Date:
Permalink Closed

Hi Andrew,

I don't think you get a P60 for the state pension. There are two usual documents I use:

1. The notice issued around April advising what the pension payments are increasing to.
2. Payments on the bank statement. State pension is usually paid 4 weekly, so if you find a receipt during the year, times by 13.

Unfortunately the amount of pension depends upon a couple of factors, so very often there isn't a standard figure.

__________________

 

Regards,
Nick

Website: www.gbmaccounts.co.uk
Twitter

Factsheet | Starting a Business

 



Guru

Status: Offline
Posts: 709
Date:
Permalink Closed

Agree with Nick, you're going to have to work it out from bank statements.

__________________

Jenny

 

Responses are my opinion based on the information provided.  All information should be thoroughly checked before being relied on.

 



Senior Member

Status: Offline
Posts: 244
Date:
Permalink Closed

Thank you Nick and Jenny,
Learning all the timesmile.gif
I can get his monthly figure when I unearth his B.Soc paperwork, which should give me a net figure if it's taxed at source.
I would think that it's taxed as being part of the lower tax band, since his business income exceeds his pension by a fair whack. Would that be a reasonable assumption?

Regards,
Andrew
(Indeed - the Revenue must surely know already how much gross pension they are paying him).



__________________
Andrew


Guru

Status: Offline
Posts: 709
Date:
Permalink Closed

I would have expected it not to be taxed at all, and they would expect him to pay tax through self assessment once his s/e income is finalised.

__________________

Jenny

 

Responses are my opinion based on the information provided.  All information should be thoroughly checked before being relied on.

 



Senior Member

Status: Offline
Posts: 244
Date:
Permalink Closed

Jolly good. That will make it all much easier.
Thanks again.

__________________
Andrew
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About