Form 11 2023 - Help please!

[helpplease]

Hi there

Can anyone help. Joint assesment

doing a return for my dad, small farmer and working full time, in receipt of state pension also.

My mom is also employed getting a state pension too.

My question is on the Return form my dads pension is pre populated from previous years do I need to add my mothers pension in to the figures aswell, or could she be paying tax on it at source HSE employee. My dad is a council worker would this pension not be taxed at source when hes working? Its showing their pension on the form - but the figures are not pre populated.

Ive no clue what Im at any help greatly appreciated.

Thanks

 

[Protocol]

State Pensions are not taxed at source.

Public Service Pensions can be taxed at source.

 

[helpplease]

Thank you I cant figure out why their pensions were not pre populated on their forms then, mid boggling to those not of an accounting or Paye knowledge, Im going to insist he pays an accountant next year but his farm is so small its only a hobby

 

[cally1990]

State Pensions are not taxed at source.

Public Service Pensions can be taxed at source.

Just Be mindful for PAYE income , the state pension is reported to revenue and the RPN/allowances are adjusted to collect the PAYE tax via payroll . The welfare report this to revenue

But you're correct for self employed income


"How the tax on social welfare pensions is collected depends on whether you are a Pay As You Earn (PAYE) taxpayer or self-employed.

If you are a PAYE taxpayer

We reduce the annual tax credits and rate band on your Tax Credit Certificate (TCC) to take account of the pension.

If you are self-employed

You must include details of any social welfare payments on your Income Tax Return (Form 11). You need to pay the tax due when making your annual Income Tax payment.

 

[helpplease]

Just Be mindful for PAYE income , the state pension is reported to revenue and the RPN/allowances are adjusted to collect the PAYE tax via payroll . The welfare report this to revenue

But you're correct for self employed income


"How the tax on social welfare pensions is collected depends on whether you are a Pay As You Earn (PAYE) taxpayer or self-employed.

If you are a PAYE taxpayer

We reduce the annual tax credits and rate band on your Tax Credit Certificate (TCC) to take account of the pension.

If you are self-employed

You must include details of any social welfare payments on your Income Tax Return (Form 11). You need to pay the tax due when making your annual Income Tax payment.

Thank you for the reply. As my dad is both self employed small farmer and employee of the county council is his pension accounted for in his tax credits. Hope this makes sense.

Same for my mom as they are both still employed but getting the state pension.

Is this a correct assumption ? Sorry i know this is very basic stuff I wish I knew

 

[Protocol]

Thank you I cant figure out why their pensions were not pre populated on their forms then, mid boggling to those not of an accounting or Paye knowledge, Im going to insist he pays an accountant next year but his farm is so small its only a hobby

Okay, but it should be easy enough to return the values of the four pensions.

 

[Protocol]

It is possible that the State Pensions might be "coded-in", meaning the tax credits and the SRCOP have been reduced to account for the tax due on the State Pensions.

To check this, look at the Cert of Tax Credits, or look at the size of the SRCOP and tax credits on the payslips.

 

[T McGibney]

It is possible that the State Pensions might be "coded-in", meaning the tax credits and the SRCOP have been reduced to account for the tax due on the State Pensions.

To check this, look at the Cert of Tax Credits, or look at the size of the SRCOP and tax credits on the payslips.

Totally irrelevant to the making of a tax return which must disclose all sources of income and sums thereof.

 

[Ciru75]

Thank you for the reply. As my dad is both self employed small farmer and employee of the county council is his pension accounted for in his tax credits. Hope this makes sense.

Same for my mom as they are both still employed but getting the state pension.

Is this a correct assumption ? Sorry i know this is very basic stuff I wish I knew

The credits allocated to their employments should have been reduced to collect tax due on the state pension. You still need to include all the income on the Form 11 though because the calculation will include all the credits that they're due, not the reduced credits allocated to the employments during the year.

 

[helpplease]

The credits allocated to their employments should have been reduced to collect tax due on the state pension. You still need to include all the income on the Form 11 though because the calculation will include all the credits that they're due, not the reduced credits allocated to the employments during the year.

All making sense now and filed and paid thank you