Useful Info

Useful Website Links

Pensions:

Staging Date Calculator: From the 1st April 2012, it has been law as to when a company’s staging date is. If you’re unsure as to when yours is, visit the Government website and enter your PAYE reference to find out. Staging Date Calculator

Pension Tracing Service: Nowadays, lots of people move jobs several times in their working lives, so it’s important to keep track of the pensions you have. If you think you may have lost a pension then you can contact the Government’s Pension Tracing Service who may be able to provide you with the contact details for that pension.

State Pension Projection: If you’d like to find out how much you can expect to receive at State Pension age you can complete the BR19 form available from the Government’s website to receive an estimation. If you’re within 30 days of reaching State Pension Age then you should contact the Pension Service

Armed Forces Pensions: If you have an Armed Forces Pension and you’d like to receive a forecast of what you may receive in retirement you can obtain a projection of benefits via the Armed Forces Pension & Annual Allowance Calculator section on the MOD website. Please note that the calculator only covers the AFPS 75, AFPS 05 and AFPS 15.

State Pension if you Retire Abroad: If you’re living abroad and would like to enquire about having your State Pension paid into an overseas back account then you can apply to do this by completing the IPC BR1 Form.

If you are already retired and are thinking of moving abroad then you may wish to contact the International Pension Centre (IPC) for advice on how your pension might be affected. Tel. 0191 218 7777

Voluntary National Insurance: If you’re looking to top up your pension, you’re entitled to Basic State Pension or Additional State Pension and you’re;

– a man born before 6 April 1951

– a woman born before 6 April 1953

from 12 October 2015 to 5 April 2017 you’ll be able to make a ‘Class 3A voluntary contribution’ to top up your State Pension by up to £25 per week. Use the State Pension Top Up Calculator to calculate how much you’ll need to pay.

To find out if you’re eligible to pay Voluntary National Insurance contributions of Class 2 or Class 3 you can visit the Government’s website.

 

Savings & Investments:

Register to receive interest tax free: If your income is less than your tax allowances, you may be entitled to receive the interest from your savings tax free. In this instance, you can contact each bank or building society where you hold an account for details of their registration process. You may even be able to do this online or by telephone. If you can’t do it online you can fill in and send them the R85 form.

Check if you are eligible to receive your interest tax free using the HMRC’s Form.

 

 

Benefits & State Assistance:

Statutory Sick Pay: If you are too ill to work and you have been off work for more than 4 days in a row (including non-working days) you may be eligible for Statutory Sick Pay (SSP). SSP is paid by your employer for up to 28 weeks.

To qualify you must;

  • be classed as an employee and have done some work for your employer
  • have been ill for at least 4 days in a row (including non-working days)
  • earn at least £112 (before tax) per week
  • tell your employer you’re sick before their deadline – or within 7 days if they don’t have one

You only have to give your employer a doctor’s Fit Note (sick note) if you miss more than 7 days of work.

To find out more you can visit the Government’s Website.

 

 

Simply Financial Advice is not responsible for the accuracy of the information contained within any of the above linked sites and the information any site contains does not reflect the views of Simply Financial Advice.