As we all know If you’re moving home you need to update your addresses. An important one of those is completing your State Pension change of address.
Your State Pension is managed by HMRC and so to get your addresses updated you must update HMRC.
We’ll cover exactly how to update your address with HMRC (and your State Pension) and how to get everything else updated whilst you’re at it 😎
We can update your address with HMRC, and automatically update your address across:
Firstly, we’ll explore a quick, safe and hassle-free way of getting all of those services updated.
Let’s jump straight in.
Tell everyone that you’re changing address in minutes.
At the click of a button we’ll update your address across all of your chosen accounts, at the same time in one place. We’ll let the State Pension (HMRC), your new and previous council, water & sewerage provider and others you select know you’re moving home.
You can do this yourself manually if you prefer (see below) or use our hassle-busting service to save hours of time.
Select who needs to know you're moving - State Pension, Electoral Roll, HMRC etc..
Enter your previous address, new address and the date you moved home
Click submit and we'll update your address with accounts automatically
Our sloths will save you the time and hassle of organising all of the updates by taking care of everything in one place 🦥 If you’d prefer to update just your State Pension manually, you can call HMRC on 0800 731 7898 or create an account here.
To complete your State Pension change of address you need to update your address with HMRC.
That’s more time to relax and spend time on more important things 🦥
We will update your address across your accounts, from State Pension through to NHS & and loyalty cards. If updating your address requires additional steps we will email you to let you know exactly what else you need to do to complete your address change.
You will also be able to see if you can reduce the cost on some of your bills like your energy and get a free gift just for moving home.
Once you have completed your address change your address will be updated automatically across all of those institutions.
So, how much do you get for a State Pension in 2021? The amount of your standard State Pension is The full basic State Pension is £134.25 per week, and there are ways to increase it. Whether you’re receiving the pension now or will be in a few years it’s good practice to keep your address updated with HMRC.
You need to inform HMRC when ever you encounter a change of circumstances in relation to your State Pension. You must contact the State Pension service if any of the following changes.
If you have experienced any of the above changes you should contact the State Pension Service.
You can update your address with the Pension Service here. You can also contact them by phone on 0800 731 0469
If you live internationally you can contact the International Pension Service.
And that’s everything you need to know about updating your address with the Pension Service. It’s pretty simple to do and should be done sooner rather than later. This is also the case when you have a change in circumstances.
As we know in 2021 the current State Pension in (overseen by DWP) is £175.20 per week, dependant upon National Insurance contributions. The UK Pension is now linked to inflation and from April 2021 there will be an inflation increase of 2.5%, delivering a rise from £175.20 to £179.60 a week.
At the moment in the UK we have a triple-lock guarantee afforded to all those who claim State Pension. As many of us know, it means that the State Pension must increase with the highest possible of these three numbers: 2.5%, the rise in cost of goods, or the rise in wages.
Many are wondering whether the government will repel the triple-lock state pension. In light of COVID-19 and its economic impact on the UK there is some speculation that the conservative government may look to reduce or amend this provision.
For example, if the price of earnings increases by 8%, and this was the highest of those three figures, the UK government would have an estimated £3 Billion extra to pay.
At this point, changes in the State Pension are speculative. They are also set in April each year, so there won’t be any sudden changes in your State Pension benefit. Meanwhile, update HMRC with any changes in your circumstances, such as change of address, to receive important communications.
If you haven’t done so yet, you can update your State Pension address by clicking below and completing the online change of address service