Skip to main content

This is a new service – your feedback will help us to improve it.

Posted about a month ago by Eric77
When deciding eligibility for 'Starting Rate for Savings' the HMRC 'Tax on savings interest' website explains that it is based on the amount of your 'other income (for example your wages or pension).' Is there a precise definition of 'other income' please? For example, is it the: - 'adjusted net income' https://www.gov.uk/guidance/adjusted-net-income - the taxable income minus savings and dividend income or - something else? Can, for example, someone shift themselves so that they qualify for starting rate for savings, simply by making enough personal pension contributions to take their 'other income' below the £12,570 / £17,570? Where on the HMRC website is this explained? Many thanks.
Posted 25 days ago by HMRC Admin 25 Response
Hi Eric77,
By 'other income', we mean any other taxable income you may have received in that tax year, besides savings income.
Eligibility is not based on Adjusted Net Income, though, so pension contributions will not affect whether you are entitled to the Starting Rate for Savings.
Thank you. 
Posted 6 days ago by Eric77
Hi, Since seeing your reply, I see that my question had already been answered in this thread: https://community.hmrc.gov.uk/customerforums/pt/f4f8c397-259c-ef11-95f6-000d3a8737b3. Confusingly, that thread said the opposite, i.e. it said specifically that eligibility is based on Adjusted Net Income, so pension contributions will affect eligibility (from "HMRC Admin 17 Response" and "HMRC Admin 34 Response ". Who is right please?

You must be signed in to post in this forum.