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Author Topic: Bloody taxes..  (Read 1345 times)

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aaronjb

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Bloody taxes..
« on: 27 January 2012, 15:34:10 »

So I got a letter a week ago telling me I'd be self assessed again.. OK, I thought, must be for 2011-2012 as we're almost past the deadline for 2010-2011 already.

Self Assessment form dropped through the letterbox yesterday and, nope! 2010-2011, deadline for postal submissions of 31 October 2011. Er? I'll just fire up the DeLorean!

Luckily I still have a valid login to do it online so off I go, thinking how bad can it be? I'm a salaried employee with easy tax circumstances, a single income, everything taxed at source via PAYE..


That'll be £2052.50, please, says Mr Tax Man. Somewhere along the line they think my employer should have taken more tax off me than they did for reasons that nobody really explains anywhere... and of course, the deadline for payment is the 31st January 2012. Good job I had a little set aside, but so much for having some savings left to fall back on!


Guess we have to keep the scum of the earth in new shell suits and cheap cider so they can breed like roaches, right?  :( >:(
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Kevin Wood

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Re: Bloody taxes..
« Reply #1 on: 27 January 2012, 16:01:54 »

Guess we have to keep the scum of the earth in new shell suits and cheap cider so they can breed like roaches, right?  :( >:(

Don't forget the MPs expenses and all those ****s in Brussels. ;)

Worth checking what you did actually contribute by PAYE matches what they think you did. Have a look at your payslips / P60 for the year?

If you can't figure out what's happened, might be worth getting an accountant to give it a once-over. They can normally make back whatever they charge and then some.

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pscocoa

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Re: Bloody taxes..
« Reply #2 on: 27 January 2012, 16:27:22 »

Employers often fill in boxes on reimbursement of travel on P11D which trigger a tax demand - you need to check this and claim that it is wholly exclusivey and necessarily incurred.

Could also be phone expense or an issue with their dispensation.

Just check anything you paid yourself and go reimbursed.

System works best obviously if company pays it all direct - if it does not then you get this type of problem.

Other issue may be tax on interest if you are high rate tax payer.
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aaronjb

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Re: Bloody taxes..
« Reply #3 on: 27 January 2012, 16:41:56 »

I have really simple tax circumstances really - the only three things on my return were my salary (single salary, PAYE collected at source), health insurance benefit (~£700) and £50 of interest on my bank account(s); so aside from the health insurance my P11D was all 'None'..

I can't quite figure out where it can have gone wrong, but it seems to have been on my employers end, assuming the calculations in the self assessment web app aren't wrong.
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pirate

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Re: Bloody taxes..
« Reply #4 on: 27 January 2012, 16:50:23 »

tax office is amazing we do the work and they still cock it up.
gave my mother two ni numbers ? they said to sort a problem ? then sent her a demand for £1200 as shes 89 and not earning i thought it was prob a mistake but they pushed so i got a tax expert in ,
guess what there mistake got all the paperwork to them biggining last year so they could make new tax code ,they didnt pass it to the right dept so my mum had temp code for last year finaly got new code 2 weeks ago and they are paying her £20 makes you think, scared my old mum and when i get the bill from the accountant im charging it to the taxman as ive done there work
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pscocoa

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Re: Bloody taxes..
« Reply #5 on: 27 January 2012, 16:51:58 »

Ring tax office and ask them to explain
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Field Marshal Dr. Opti

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Re: Bloody taxes..
« Reply #6 on: 27 January 2012, 17:51:15 »

So I got a letter a week ago telling me I'd be self assessed again.. OK, I thought, must be for 2011-2012 as we're almost past the deadline for 2010-2011 already.

Self Assessment form dropped through the letterbox yesterday and, nope! 2010-2011, deadline for postal submissions of 31 October 2011. Er? I'll just fire up the DeLorean!

Luckily I still have a valid login to do it online so off I go, thinking how bad can it be? I'm a salaried employee with easy tax circumstances, a single income, everything taxed at source via PAYE..


That'll be £2052.50, please, says Mr Tax Man. Somewhere along the line they think my employer should have taken more tax off me than they did for reasons that nobody really explains anywhere... and of course, the deadline for payment is the 31st January 2012. Good job I had a little set aside, but so much for having some savings left to fall back on!


Guess we have to keep the scum of the earth in new shell suits and cheap cider so they can breed like roaches, right?  :( >:(



That's bad shit, Aaron. Make sure you really do owe this money.... :-\ :-\
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aaronjb

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Re: Bloody taxes..
« Reply #7 on: 27 January 2012, 22:06:45 »

I can't see how I couldn't, unfortunately - all I can think is that either my tax code was wrong, or my employers payroll software can't count :-/ I mean, complex as tax can be, it's fairly simple on a straight salary. I guess I better triple check the calculations manually on Monday or whenever I get a minute (got another busy weekend lined up, it seems)

Knocked my financial confidence for six, that has, as it's wiped out the lions share of what I'd managed to save up.. now I'm wondering how much I need to save up for next year "just in case"!
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Lazydocker

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Re: Bloody taxes..
« Reply #8 on: 27 January 2012, 22:14:25 »

I may well be wrong, but because the request for a return was late I think you get an extension on the deadline :-\ :-\ Worth checking ;) ;)
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Re: Bloody taxes..
« Reply #9 on: 27 January 2012, 22:57:41 »

It is not from the big overpaid / underpaid PAYE scandal of about 12 months ago is it?  >:( >:( >:( >:(

My next door neighbour, got one of these about 9 months ago, for underpayment of several thousand, just as he was retiring. It was a nice retirement present, not. Even worse he was a civil servant, so two government departments between then couldn't get his tax right.  >:( >:( >:( >:(
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Kevin Wood

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Re: Bloody taxes..
« Reply #10 on: 27 January 2012, 23:44:27 »

I may well be wrong, but because the request for a return was late I think you get an extension on the deadline :-\ :-\ Worth checking ;) ;)

Yep, there's no way they'd insist on a return that quick after requesting it. The January deadline is for when the return was sent at the beginning of the tax year. However, IF the tax is due, it's due by end of January and they'll add interest if it's paid late. If you're confident none is due, don't pay it, but if the likelihood is that all or some is, estimate the amount and pay it.

I can't see how I couldn't, unfortunately - all I can think is that either my tax code was wrong, or my employers payroll software can't count :-/ I mean, complex as tax can be, it's fairly simple on a straight salary. I guess I better triple check the calculations manually on Monday or whenever I get a minute (got another busy weekend lined up, it seems)

A quick calculation ought to tell you if you're in the fight ballpark, and doing it with a spreadsheet rather than their over-complex online calculator means you can be more sure of not having @rsed it up somewhere.
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Ken T

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Re: Bloody taxes..
« Reply #11 on: 28 January 2012, 00:17:21 »

Tax calc is not rocket science (SO WHY DO THEY STILL COCK IT UP ?). Take your gross earnings, subtract your tax free allowance, and multiply whats left by the tax percentage rate to get how much tax they are due. Then tell them to s** **f, nicely of course, and suggest they recheck their calcs.

Ken
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aaronjb

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Re: Bloody taxes..
« Reply #12 on: 28 January 2012, 23:00:04 »

I may well be wrong, but because the request for a return was late I think you get an extension on the deadline :-\ :-\ Worth checking ;) ;)

I did check actually, forgot to say that - when I called they did say I got three months from the date the return was issued (21st April 2012) .. but since the website still said 31st January 2012 I decided I wouldn't chance it.. while the human might have said April, if 'computer says no!' I'm sure I'd get an automated fine..

It is not from the big overpaid / underpaid PAYE scandal of about 12 months ago is it?  >:( >:( >:( >:(

It could be - there is that chance.. they've clearly cottoned on to the fact that PAYE didn't take enough money for some reason, and that's triggered the self assessment request..
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