Published On: Fri, Apr 3rd, 2026
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HMRC state pension update over payments ‘appearing on bank statements’ | Personal Finance | Finance


HMRC has clarified the tax rules around state pension payments. The update comes after a query about the deductions that apply to people’s payments.

A person contacted the tax authority over social media with a question. They asked the group: “Where can I find a monthly statement of my state pension showing the payment and deductions?”

Now is a good time to check over your state pension payments. The state pension is increasing 4.8 percent from April, lifting the full new state pension from £230.25 a week up to £241.30 a week.

Responding to the question, HMRC explained the key rules to note. The group said: “State pension is paid by the Department for Work and Pensions (DWP) and no tax is deducted at source.

“Your pension payments do appear only on your bank statements — DWP pays the same amount every four weeks.” This means if you receive the full new state pension, you will get £965.20 each pay period under the new rates.

If you are on the full basic state pension, this will be worth £184.90 a week, or £739.60 each four-week pay period. Payments usually go out in arrears.

The specific day you are paid your state pension depends on the final two digits of your National Insurance (NI) number. This how it works:

  • 00 to 19: Monday
  • 20 to 39: Tuesday
  • 40 to 59: Wednesday
  • 60 to 79: Thursday
  • 80 to 99: Friday

People planning for their retirement may want to note another key change coming in from April 2026. The state pension age is going up from 66, moving up in stages to reach 67 between April 2026 and April 2028.

Legislation is also in place for a further increase to 68, between 2044 and 2046. You can check how much state pension you are on track to get using the forecast tool on the Government website.



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