Does Inland revenue check your paye at end of tax year?

justaquestion

Hello,

I am curious as to whether the inaland revenue does a computer check on your paye tax paid at end of financial year to make sure that you havent had an underpayment or overpayment?

Than you

cosyc

Best to check it yourself once you have you have your p60.
http://stccalculator.hmrc.gov.uk/UserDetails.aspx
it says for students but should work for all.

System

cosyc wrote: »

Best to check it yourself once you have you have your p60.
http://stccalculator.hmrc.gov.uk/UserDetails.aspx
it says for students but should work for all.

It works for all under 65's providing you have a standard tax code for the year and there are no deductions or extra allowances in your code

Tarasam

The new PAYE system is meant to reconcile the year as soon as the details come in. ALLEDGELY.

Mikeyorks

That will be a few exceptions then!

.......... and will it check based on the Code you should have ....... or the one's its issuing!!

Tarasam

Oh Mikeyorks we shouldnt even joke about that, the possibilities for further failure are endless. Hope i'm out of HMRC by then!!!

olly300

justaquestion wrote: »

Hello,

I am curious as to whether the inaland revenue does a computer check on your paye tax paid at end of financial year to make sure that you havent had an underpayment or overpayment?

No one I know has ever been.

They have had to send in those forms for a tax refund to know, or do Self Assessment if they are a high rate tax payer. Then HMRC can either say simply yes or no you are owed a refund. Or make life difficult by changing things.

fengirl_2

Oh for the days of the ANZT - we had a TO who would Z everything, we called him Zorro.

blue_monkey_2

No, you should check yourself.

If you have 2 jobs, for example, and your main job does not earn enough to pay tax your 2nd job will tax you, when you get your P60's you should send copies to HMRC and you will get it refunded.

I am sure if you posted figures on here there will be someone who can help you.

They wrote to me one day and said I had underpaid by £282, I knew I had not, send all my P60's in and it turned out I had overpaid. By £1. And they paid it to me. LOL.

FatAndy

I knew I'd overpaid tax for 2008/09 as a result of a former employer making an error on my P45 when I left them. I waited until about June, to allow for P14s to be submitted, then popped into my local tax office to ask about a refund. I was put on a phone to a call centre and spoke to man who confirmed I was due a refund and I'd get a cheque within the next few weeks. About two months later said cheque still hadn't arrived so I went back to the tax office. Again I was put on the phone and spoke to a different person who checked my record and confirmed that there was a note on my file to say I was a due a refund but someone had forgotten to process it! A couple of weeks my cheque finally arrived. So my advice is don't rely on HMRC, check your P60 and if necessary start chasing them.

yellowrock

A question please, I have two jobs and have noticed that I may have been underpaying on tax. Both jobs are for large companies, and both jobs know I have another job, if I have been underpaying will I have any grounds to complain that it wasnt my fault and that the jobs should have calculated the tax right. I am rather worried.

thanks