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Posted Tue, 17 Sep 2024 13:10:49 GMT by Phil Senior
On the Self Assessment return it requests that you input your total gross pension income (I receive 4 pensions). I did that and at the final calculation it gave a figure of tax that I owe, my question is - what about all the Tax I paid before receiving the pension payments - surely that needs deducting from my balancing payment quoted? I did attempt to detail tax paid in the "any other information" box but it is a very sensitive tool..it rejects nearly everything I write in it.
Posted Thu, 26 Sep 2024 08:22:48 GMT by HMRC Admin 20 Response
Hi,
The box immediately after the box you completed should read 'Tax taken off pensions (other than state pensions), retirement annuities and taxable lump sums treated as pensions (optional)'. Enter the tax paid on your private pensions in this box.
Thank you.
Posted Thu, 26 Sep 2024 10:22:06 GMT by Phil Senior
I didn't do this..I am assuming I now need to update my existing return ?
Posted Wed, 02 Oct 2024 11:34:17 GMT by HMRC Admin 10 Response
Hi
Please refer to amending a return If you need to change your return

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