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Rental income + Receiving Pension Credit.

Self Assessment, of Rental Income and receiving Pension Credit.

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Hello all.

Helping client (69 year old)to submit tax return declaring his rental income for 2018/2019 about £1500 for that year  and will be around £3,500 from this year..

I know the pension credit is Tax-free state benefit, is it inclusive of state pension and the state pension will still need to be declared on the tax return, or the state pension is deffered?? 

https://www.gov.uk/income-tax/taxfree-and-taxable-state-benefits

either way there is no tax to pay by the client for 2018/2019 as the income with state pension would be less than £8k.

Thank you for your comments.. 

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By lesley.barnes
19th Jan 2020 13:33

The state pension goes on the tax return, pension credit doesn't. You mention deferred are you saying the state pension for your client is deferred - in which case it doesn't go on the tax return because the client isn't in receipt of it.

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