Form 2042K - SECTION 8

[Laine]

Sorry it's another tax form question.  Since filling in this form (2042 K) last year (with a lot of help from this forum) I have seen some conflicting information and now am wondering if in fact I did it wrong.  My main question relates to section 8 of 2042- I have entered my teachers pension under TI and old age pension on page 3and I'm not sure whether I should enter the old-age pension in one of these boxes in section 8 or not.  I have filled in 2047 also (OAP on page 1 and teachers pension on page 4 (section VII).  I have nothing else to declare as income on these forms, so you would think it would be simple but I'm feeling lost again!

Thanks for any help/confirmation.

Regards,

Laine

[Scorpio]

Hi Laine. Have just returned what I hope is my final return so 'hot off the press' as it were.....

Form 2047 K Page 1 para 1 Pensions Vous insert your state pension. Page 4 para vii insert details (gross, tax and net figures) of your teacher’s pension

Form 2042 K page 3 para 1 pensions Vous AS insert your state pension. Page 4 para 6 check your CSG allowance is correct, para8 TI insert your net (tax paid) teachers pension.

If you have no English, French or other accounts, no UK life insurance policies and no other income from any other source, I suggest that’s it.

Regards.

[Laine]

Hi Scorpio,

Thanks so much for your quick response.  In fact we have also to fill in a 'Déclaration complémentaire' 2042 CK where we declare our (very small) earnings from our business (teaching English and computing), but I was only worried about doing the pensions correctly - thanks once again.

Regards,  Laine