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Got form P60U, please help to understand it!

kiwi07
Posts: 1,739 Forumite


in Cutting tax
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:
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:
0
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!0 -
thanks. So what is my options? Do I have to do anything with this form?0
-
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.0
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