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Tax code & Self Assessment - paying twice?

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Sim_2
Sim_2 Posts: 94 Forumite
Part of the Furniture 10 Posts Combo Breaker
Could any of you knowledge folk help me out? Last year my tax code was reduced by £141 due to mileage in excess of standard rates paid by my employer – presumably my employer gave the IR this information. I also complete a self assessment form every year as I earn some money from freelance work. Every year I have included this expenses amount as earnings on my return calculation, as instructed. My simple mind tells me that I therefore paid tax on this amount twice, once via PAYE and once via Self Assessment. Not a vast of money involved but I am confused and unsure what to do this year as I have the same tax code deduction

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  • pipscot
    pipscot Posts: 353 Forumite
    Sim wrote: »
    Could any of you knowledge folk help me out? Last year my tax code was reduced by £141 due to mileage in excess of standard rates paid by my employer – presumably my employer gave the IR this information. I also complete a self assessment form every year as I earn some money from freelance work. Every year I have included this expenses amount as earnings on my return calculation, as instructed. My simple mind tells me that I therefore paid tax on this amount twice, once via PAYE and once via Self Assessment. Not a vast of money involved but I am confused and unsure what to do this year as I have the same tax code deduction

    Are you filling in both the employment and the self-employment sections of the self assessment tax return?
  • Sim_2
    Sim_2 Posts: 94 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Yes, both. Employment is pretty basic so straight off my P60, other than the travel expenses for around 1200 miles/year there are no other perks or allowances, I work for the NHS. Self employment is pretty simple too, no expenses, allowances or travel so every thing I am paid is classed a profit.
  • mrkbrrws
    mrkbrrws Posts: 337 Forumite
    The Tax Return calculation works out how much tax is due for the year, and then deducts what you paid under PAYE.

    So you do not pay twice.
    I am an Accountant. You should note that this site doesn't check my status as an Accountant.
    All posts on here are for information and discussion purposes only and should not be seen as professional advice.
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