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 😎
Let’s jump straight in.
When you update your address with HMRC, you automatically update our address across:
That’s more time to relax and spend time on more important things 🦥
We will update your address across your accounts automatically. 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? 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.