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2009/10 Tax Return - self assessment
mrposhman
Posts: 749 Forumite
in Cutting tax
Hi guys,
Hopefully you can help me. I've meailed HMRC but they either don't get back to you or just take so long!!
I left the UK at the end of June to move to Oz. I paid tax on my salary, but received a bonus in 2 stages in May and June and as this was using PAYG, I was deducted a lot of tax on it abd didn't have the months left in the tax year to recoup it as usual so therefore I have overpaid my tax. I am registered for self assessment as I have a property in the US (for my sins) and also have a substantial holding in shares. I will not have gained enough to breach my CGT limit in those 3 months so thats ok.
I filled in a P85 as requested back in August which didn't make it to the UK. I then resubmitted it a few months later after nothing happened with the first, only to be told that as I was registered for self assessment I couldn't use this form despite being told I could.
Anyway, does anyone know when the online system is available for submitting self assessment returns for the year ending 5th April 2010? I am assuming it may be quicker and easier to follow this route rather than go the postal route if it becomes available shortly for that tax year?
Thanks in advance
Chris
Hopefully you can help me. I've meailed HMRC but they either don't get back to you or just take so long!!
I left the UK at the end of June to move to Oz. I paid tax on my salary, but received a bonus in 2 stages in May and June and as this was using PAYG, I was deducted a lot of tax on it abd didn't have the months left in the tax year to recoup it as usual so therefore I have overpaid my tax. I am registered for self assessment as I have a property in the US (for my sins) and also have a substantial holding in shares. I will not have gained enough to breach my CGT limit in those 3 months so thats ok.
I filled in a P85 as requested back in August which didn't make it to the UK. I then resubmitted it a few months later after nothing happened with the first, only to be told that as I was registered for self assessment I couldn't use this form despite being told I could.
Anyway, does anyone know when the online system is available for submitting self assessment returns for the year ending 5th April 2010? I am assuming it may be quicker and easier to follow this route rather than go the postal route if it becomes available shortly for that tax year?
Thanks in advance
Chris
0
Comments
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It will probably be late April or early May. You just need to keep checking until they are ready for you. If you have not registered online before, you will need to get a PIN from HMRC and use that to open your account.Who having known the diamond will concern himself with glass?
Rudyard Kipling0 -
Just a couple of side issues:
you mention your CGT allowance. have you actually sold either the property or the shares? Because if not, it is irrelevant. And if you sold after leaving UK and remain out of UK long enough, may not matter anyway.
The US property I assume is just that and not a typo for UK? If it is in the UK you need to be registered under the non resident landlords' scheme otherwise tax has to be withheld from the rent and either way you would be stuck with self assessment till you sell.0 -
Last year the whole system was down for a few days at the beginning of April whilst the year update was implemented. Because of Easter this year I wouldn't expect to be able to file online until about the 7th or 8th.If it’s not important to you, don’t consume it0
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