The Bookkeepers.Network (BKN)

Post Info TOPIC: Self-assessment & State Pension


Senior Member

Status: Offline
Posts: 318
Date:
Self-assessment & State Pension


Hi all, very quick question.

I am completing a self-assessment and I do not have the clients figures for his state pension available.

On the self-assessment it says that it is optional to complete so can I just leave it blank as they will already know the figures. If it isn't completed and he then owes tax will he be in trouble?

Thanks

Sam



__________________

Sam



Guru

Status: Offline
Posts: 710
Date:

Hi Sam,

If you go to your HMRC agent account and click on your client, you should see on the left 'Tax Return Options' click on this and then on the next link you should see 'Information to help complete your tax return' click on this and it should show your clients state pension for the year.

I always thought that if you received a state pension as well as self employment income then it had to be included on the SA, I did not know it was optional.



__________________

Doug

These are only my opinions of how I see things and therefore should not be taken as advice



Senior Member

Status: Offline
Posts: 318
Date:

Thanks Doug, trouble is his accounting period isnt the same as the financial yea but will give it a go.

__________________

Sam



Master Book-keeper

Status: Offline
Posts: 7333
Date:

Samilou67 wrote:

Thanks Doug, trouble is his accounting period isnt the same as the financial yea but will give it a go.


Hi Sam

Not sure what the accounting period has to do with it - that should stop you getting the info in the manner Doug suggested.

Are you using the clients own HMRC login? As that is the only place that I am aware of that the 'optional' comment comes from (from having done my own via HMRC rather than via software) - but it doesnt mean its optional to complete, rather its optional to add the figure manually, or pull it direct from the system. The payroll works the same as its picks up info from the annual final RTI filing. Care though as if HMRC have the wrong figure you have to manually override it as its the tax payers responsibility to get the SA correct. If there is a difference, find out why and add a note in the white space.

If no figure is pulling through and you know the client has received state pension then go back to them for the figures. Dont just take the payments received via the bank - it is what they are entitled to between two dates, plus didnt the rates change(cant recall fully) so you may need to do some calcs. If the client cannot give you the figures then a call needs to be made to the Pensions bods to get the letter info. (place place to look for their phone number is the HMRC SA guidance pdf)



__________________

Joanne

Fallows Hall Ltd

Winner - Bookkeeper of the Year 2015, 2016 and 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.



Senior Member

Status: Offline
Posts: 318
Date:

Hi Jo, no I only use my agents log in, never the clients.

He has managed to dig out his pension paperwork so all sorted.

Thanks both.

Sam

__________________

Sam

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  

2018 The Bookkeepers Network (BKN). All Rights Reserved. The Bookkeepers Network (BKN) 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 Bookkeepers Network and BKN 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 Bookkeepers Network. 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 Bookkeepers Network. 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: info@bookkeepers.network or info@bookcert.co.uk.

Privacy & Cookie Policy