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Got form P60U, please help to understand it!

kiwi07
kiwi07 Posts: 1,739 Forumite
Part of the Furniture 1,000 Posts
Hi, I've got form P60U today, please help me to understand those figures:

Benefit for current claim £198.12.
Pay £0.00
Taxable £192.60
Pay and taxable benefit £192.60
Tax deducted £0.00
Tax refunded £0.00
Net tax £0.00
Year to 5 April 2010.

Do I have to pay £192.60 back?:eek:

Comments

  • The form is just saying you have received £192.60 which is taxable.

    If you have not gone over the tax free threshold of £6,475 then you will have no tax to pay!
  • kiwi07
    kiwi07 Posts: 1,739 Forumite
    Part of the Furniture 1,000 Posts
    thanks. So what is my options? Do I have to do anything with this form?
  • If you are under the tax threshold and haven't paid any tax then there is nothing to do, it is for information purposes only.
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