If you claim your State Pension after you reach State Pension age, then you can request backdating of your State Pension. The maximum period of backdating is 12 months, but a claim can't be backdated to a date before you reached State Pension age.
There goes a lot of your winter fuel payments
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I may have found the answer. I think the rules differ depending on whether you reached state pension age before April 2016. So that would be true for Mottie's and denso's friends. This information is not very clear on the website, so I hope I have got it right.
So he tas a taxable income above £50k
if he obtainedan extra £12k in income from any other source, do you think he shouldn't pay tax?
but the tax bill will be less than he receives. So it's not putting him out of pocket
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I know, worst case is he dies and gets nothing.
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I think it is something to do with the meaning of backdating and deferring. Seems you can do one or the other but they have different rules for pay-out.
"If you start your claim up to 12 months after you reach State Pension Age, you can ask that the claim is backdated to when your entitlement started. If you start your claim over 12 months after you reach State Pension Age, you will be treated as having deferred your pension. You can still choose to have it backdated but this would mean missing out on the increases you get from deferring your pension. If this applies to you, get advice before deciding whether to request backdating. "
New State Pension
Read our guide to New State Pension - money paid to people who reach state pension age on or after 6 April 2016.
www.turn2us.org.uk
Here is something a bit clearer. It looks like after 6 April 2016 you can claim a maximum 12 months "backdate" but not a lump sum.
Putting off (deferring) claiming the state pension | Low Incomes Tax Reform Group
Many people claim their state pension as soon as they reach state pension age. But you have the option of deferring your pension. State pension
The language of a blinkered blue.
For a pragmatist though,
"The policies of not handing even more taxpayer money to those who have no need for it"
The language of a blinkered blue.
For a pragmatist though,
"The policies of not handing even more taxpayer money to those who have no need for it"
The language of the rabid left.
How much extra tax are you willing to pay ?
Well, the winter fuel payment came from my taxes amongst others, and I'm happy to forego it.
Some interesting posts. For many the state pension just arrives when a person reaches the state pension age. No effort at all. It just happens.
If some other pension is available or I assume income the state pension comes off the tax allowance.
If a self employed people can retire when ever they like. Income depending on what they put into a scheme. If they F up who's fault is that but support could still be available.
Some one who isn't self employed can also fund a separate pension. Most of these are still on occupational schemes that are likely to have an index link and in some cases not 60% of final salary as a company might decide to give them a pay rise just before they retire. Lucky few but this can go on. Also recent years retire early at 55 deals to shed people. Penalties reduced.
Then comes people on a private scheme. Numbers should increase over time.
If some other pension is available or I assume income the state pension comes off the tax allowance.
If a self employed people can retire when ever they like. Income depending on what they put into a scheme. If they F up who's fault is that but support could still be available.
Some one who isn't self employed can also fund a separate pension. Most of these are still on occupational schemes that are likely to have an index link and in some cases not 60% of final salary as a company might decide to give them a pay rise just before they retire.
Lucky few but this can go on. Also recent years retire early at 55 deals to shed people. Penalties reduced.Then comes people on a private scheme. Numbers should increase over time.
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Can't please all of the people all of the time.
Why is extra tax needed, to reduce handouts to more prosperous people?
And yet you took furlough payments for work you weren't going to do and boasted that it was 'holiday money'...
Are you saying now that taking money from the public purse should only be based on need?
5 years ago when i retired with a state and railway pension totalling around 12k i paid no tax [well above benefits pension credits help level ] now about 2k over the personal tax level i now loose 20% off my annual increase so around £400 a year i will now loose a further £300 normal winter fuel allowance [rather than the 500 putin level so call it £2 a day am i annoyed and angry off course i am ----- because there are people in abject poverty including hard working people and i would rather i was £50 a week worse off rather than just £15to help the poorest
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