P800 Tax Calculation help

[SXGuy]

Re: P800 Tax Calculation help

I guess all we can do is wait for the calculation and see whats happend.

If she doesnt receive it by end of this week, tell her to ring HMRC next monday and demand its faxed through.

[di30]

Re: P800 Tax Calculation help

Heard from Ju, she said she taken the plunge and decided to call HM customs today, because lots of her post seems to be mislaid.

She was told she should have received the calculation letter by now because it was posted out early last week (she never told me of a date).So another copy is being sent out.

Anyway, she asked the adviser on the phone who said the payment Ju had received was the payment put together for all years involved.

Ju said but she doesnt understand how it's about £170 less than what she would have been owed as shown on tax year 2008-09 of £449 odd of what she actually overpaid. and on the detached part of the cheque letter is says tax calculation for 2010-11 year but nothing about 2008-09.

The adviser said no more, but Ju will just have to wait for the tax calculation letter to come through now.

[di30]

Re: P800 Tax Calculation help

The cheque may be dated 12th june, but they wouldnt have posted it that quickly, could have sat on someones desk for a few days.

A few days after the cheque ariving isnt long enough to be concerned about, they do come seperately, usually from a few days to a week after the cheque.

There are timescales HMRC have to notice mistakes and correct them yes, and no doubt timescales for tax payers to make a claim (not sure without checking) but since HMRC have already raised this issue, and Ju has sucessfully defended the claim, they can hardly then refuse it being repaid.

Cheers SXGuy

Yes I agree that it was probably sitting with them for a few days after it was dated.

[SXGuy]

Re: P800 Tax Calculation help

The cheque may be dated 12th june, but they wouldnt have posted it that quickly, could have sat on someones desk for a few days.

A few days after the cheque ariving isnt long enough to be concerned about, they do come seperately, usually from a few days to a week after the cheque.

There are timescales HMRC have to notice mistakes and correct them yes, and no doubt timescales for tax payers to make a claim (not sure without checking) but since HMRC have already raised this issue, and Ju has sucessfully defended the claim, they can hardly then refuse it being repaid.

[di30]

Re: P800 Tax Calculation help

I was thinking as well, isnt there a timescale of what you can request in a refund of overpayments?

Or wouldn't this apply to Ju because they raised it and held it back because of the 2010-11 underpayment?

(She wouldnt of known about the overpayment if it wasnt for HMRC sending her to P800 tax calculation last November).

Thank you.

I think she mentioned about ringing them because she noted the cheque/letter sent out to her was dated 12 June that said the calculation letter is sent separately, although it wasnt a few days ago til she received it, and just curious in case its lost in the post, as she said her post is not all that good.

[SXGuy]

Re: P800 Tax Calculation help

The phone monkey at HMRC wont know anything, it will come, just be a few days, dont worry.

[di30]

Re: P800 Tax Calculation help

.......Ju said her post been but nothing today, do you think it's worth her ringing them?

[di30]

Re: P800 Tax Calculation help

Hopefully she will receive it in the post any day now

[SXGuy]

Re: P800 Tax Calculation help

hmm, does seem strange, new calculation breakdown due in the post will shed more light.

[di30]

Re: P800 Tax Calculation help

Came across photo copies of both Tax calculations for 2008-09 and 2010-11, will post what I can now and compare it to the calculations when they arrive back too.

Tax Calc 2008-09
Paye Income = £6904
JSA = £1225

Totals £8129

Income after taking away deductions £8129

Personal Allowance = £6035

Less total tax allowance £6035

Income tax is chargeable on this amount = £2094

Tax on 2094
Basic Rate @ 20% on £2094 £418.80

Tax chargeable = £418.80

Tax overpaiid £443.71

Plus Repayment Supplement (where appropriate) £6.18
Repayment due £449.89.

.................................................. .........................
2010-11

Paye income £20340 (Tax Refund 2074.20)

Totals £20340 (2074.20)

Income after taking away deductions = £20340

Personal Allowance = £6475
Less total allowance = £6475

Income tax is chargeable on this amount £13865

Tax on £13865 is:
Basic Rate @ 20% on £13865 = £2773.00

Tax chargeable = £2773.00

Less adjustments £449.89 (this is overpayment from 2008-09 they would also be using)
Less total adjustments £449.89

Tax payable b minus c (above) £2323.11

Tax underpaid (D minus A) £248.91
Tax underpaid = £248.91
...................................

Full overpayment would have been £698.80 now to be repaid by employer.
As HMRC were going to use the overpayment, that would still be due to Ju (£449.89)

However Ju received a cheque yesterday for the amount of £270.89 and it states for I Income tax year of 2010-2011.

No mention of anything to do with 2008-09 income tax year where she overpayed.

[di30]

Re: P800 Tax Calculation help

Great news. If you are prepared to fight it is possible to defeat the inland revenue! She could also ask for recompense for their having taken so long........We received £70 off them!

Cwm Ju asked how do you go about a delay refund please?

(Think she wants to wait for all the calcs to come through first then go from there), thanks hun x

[di30]

Re: P800 Tax Calculation help

Thats brilliant news.

See, a perfect example of how its always a good idea to have an accountant :P

Not that she would usually require one, but a lot of self employed people get screwed over by HMRC simply because they do not have guidance.

Really chuffed for your friend, im glad its worked out.

Please still let me know when she gets the calculations because HMRC can still be wrong in their mathmatics.

(recently had one from them claiming capital gains tax is due and was out by 5k lol )

Cheers SXguy

I know this have made her day! (I must admit her employer/payroll seem to be useless) I believe this has been happening to others who work with her too.

Yes she said she will bring along her calculation letter once it arrives so i can post on here. Again thank you so much, and yep I do see what you mean lol.

Ouch 5K is a LOT!!!!!

[SXGuy]

Re: P800 Tax Calculation help

Thats brilliant news.

See, a perfect example of how its always a good idea to have an accountant :P

Not that she would usually require one, but a lot of self employed people get screwed over by HMRC simply because they do not have guidance.

Really chuffed for your friend, im glad its worked out.

Please still let me know when she gets the calculations because HMRC can still be wrong in their mathmatics.

(recently had one from them claiming capital gains tax is due and was out by 5k lol )

[di30]

Re: P800 Tax Calculation help

Great news. If you are prepared to fight it is possible to defeat the inland revenue! She could also ask for recompense for their having taken so long........We received £70 off them!

Cheers Cym x
I shall mention this to her

She still anxious what the £270 cheque was for she received yesterday lol, the letter should be on its way for that one (calculation letter).

[cymruambyth]

Re: P800 Tax Calculation help

Great news. If you are prepared to fight it is possible to defeat the inland revenue! She could also ask for recompense for their having taken so long........We received £70 off them!