Lost my tax advice receipts!

carpenter123

Hi everyone, I am self employed and do my own self assessments each year. Ive lost some receipts from a contractor that show how much I recieve net and how much tax is paid each time they send me a cheque as per my invoice.

Are these advice slips classed as a p60? or should I recieve a p60 summarising how much they've paid me and how much tax they've paid?

Im really confused now as ive spent all evening trying to work out what ive been paid from my bank statements!

Help!

fengirl_2

No, they are not like P60's. I think you will need to write to the contractors asking what payments and deductions they have made.

carpenter123

Will the tax office give me any information? I phoned the accounts department and they said they cant give out duplicates.

stoneman

carpenter123 wrote: »

Will the tax office give me any information? I phoned the accounts department and they said they cant give out duplicates.

Just phone up the contractor and ask for a copy, simples.
They must give you a copy if you ask for it. I have lost a few of these in my time and never had a contractor refuse to give me a copy. If they do then just ask them what the figures are, you don't need the physical documents as you just enter the numbers online when you do your tax return anyway. you do do your tax online don't you?

jayencee

We have the same problem with our company, not that we've lost them, but the contractor never supplied them in the first place. We had to send copies of the invoices we had raised and copies of the paying in slips to our local tax office in order that they could see that tax had been deducted from the payment received. It worked for us last year, but as it is a legal requirement to provide these certificates, they didn't seem that interested in pursuing the companies that refused to supply them

liam8282

If you are working labour only for your contractor, I think the rate is 20%.

So if you have a bank receipt of £1,000, that will be

Net £1,000
Tax £250
Gross £1,250

You gross up the net (what you have received) by dividing it by 80, then times it by 100.

You may have problems if you have materials and labour. Do you invoice the contractor for the work you have done?