TOT Electric cars will be cheaper to run

No, self-assessment is to do with calculation of what is due. I have done that too. Self-assessment is one thing. The arrangement for paying the amount assessed is something else.

There is nothing to suggest that the "overseas pension" was a self-employed income.

Pensioners not entitled to Pension Credit are still entitled to a number of other "gateway" benefits and advantages, such as free prescriptions, free eye tests and free bus-passes.

They may also have an underlying entitlement to Housing Benefit (or, at the very least, to have housing costs taken into account in the Credit calculation).

No, not via your tax code

Are they? I don't think so. At least mine just got taxed at 25% or whatever and the IR refunded me the tax I'd been over charged

Yes, they send you an invoice, same as any other creditor does.

Self-employed income? What do you mean?

If HMRC haven't given your pension provider a tax code then they have an "emergency code".

Self-employed (and similar) income is what Self-Assessment is for. It doesn't apply to employed earnings or to pensions.

I never completed a Self-Assessment form in my life until after I had retired and started doing a bit of (self-employed) consultancy work.

No, you also get asked to complete a Self-Assessment tax form if you have share income or capital gains, therefore anything, I assume, that is not employed earnings. This happened to me some 20 years ago and I filled the forms in and sent them off. I did this for a few years until the Revenue wrote and said I didn't need to bother anymore (the share/capital stuff was short lived).

Once I retired and started having overseas pensions I started having to complete SA forms again, and I get told to do this now every year by HMRC.

My overseas pensions are just that: pensions. But it's reported under "foreign income".

IN that case, of course, it is your job to tell HMRC.

that's cobblers they dont adjust your code according to how much pension you receive

But they might, and do, adjust it depending on other income. For 13 years I received an annaual allowance as a Parish Council Chairman. It was raised and I found I was having to pay tax on it at a higher rate. My tax code was adjusted accordingly for the next year.

I dint think you understand what a tax code actually is

That is what was covered by the phrase "and similar". I added that earned income and pensions were outside it.

Well.... they do on my statements.

That?s what was being discussed in the stuff you deleted from the quoting.

What was being discussed was the tax that would be paid if it was.

The turnip deleted that from the quoting.

Quite right. And, not being a tax evader, I do.

Well I must admit I don't. In the US of A it seemed simpler, to me. Within some limits you could decide how much PAYE (but they call it 'witholding') is taken from your pay each pay period. That amount is duly taken and then, after the end of the tax year, in early January you receive your tax forms from the Revenue, you fill them in, and return them. After the first couple of years paying someone to do it, she said to me that I could easily do it myself, which proved to be true.

Some people there have more taken off in PAYE than they need. That's because they enjoy the idea of getting a cheque back from the Gumment each year. But that's about the only time things are taxed at source. Everything else is paid gross and you declare it all. Makes tax forms so much simpler.

bert snipped-for-privacy@bert.bert.com> wrote

You did say "much" when in fact little is clawed back.

Any taxation does.

Means testing doesn't have to be a single absolute cutoff.

So are the best means tests.

But aren't as effective as a means test because the means test means you don't get the state pension and the income tax doesn't get it all clawed back, only the marginal income tax rate.