Michelle Greatorex

Hi, I am just completing the self assessment tax return , I am semi retired so my profit once expenses taken off will be around £6000 , my question is I have a small private pension , which I see I have to put in , do I get taxed on that if I am still under the personal allowance as my private pension is approx £100 per month ? Also I part paid in to my pension that year as well before taking a lump sum and monthly pension does the lump sum need to go in as well as the part payments I was making for 8months of the year thanks

Hi, I have tried to make sense of the self help topics but can’t find the answer I am looking for for. I don’t have a state pension yet but do have a private one of 38,471 per annum gross, I pay tax on it deducted each month plus in the last financial year I have earnt £3738 in interest on some fixed rate savings accounts. When I go on line to see if I need to complete a self assessment it says I don’t ? I haven’t done self assessment for last 2 years as I only have this pension now and no longer a high earner. So my question is do I have to pay tax on the 3738 I have earnt in 23/24 and do I need to complete a self assessment form, or does it get deducted in the next financial year many thanks