are u due any tax back

jem16

minniemum wrote: »

I contacted the Inland Revenue today and now I'm more confused than ever. Maybe someone here could help.
My husband died in November 06 and due to him having a small pension scheme I elected to take a lump sum of £6715.97 instead of a silly amount each month. The Friends Provident took tax of £2527.36 and sent me a cheque for the difference with a P45.
The inland revenue have stated that i need to send them a letter giving them details of all my earnings for 06/07. But heres the problem what do I need to tell them??
I don't work as I have been a stay at home mum for the last 20 years (lucky me). However I now receive Widowed Parents Allowance.
My mum died in Dec 06 (three weeks after my husband) and I inherited £23000 as a share of the sale of her property. Do they need to know this??
I also received £2454. from our endowment policy which paid off our mortgage.
During the year 06/07 I had no benefits paid in my name they were all in my husbands i.e DLA and income support. I only received Child Tax Credit in my name.
Please help, not sure who to tell what!!!!

The only earnings from that list is your Widowed Parent's Allowance. If that was paid during 06/07 then that is what you may need to pay tax on if it was greater than £5035(your personal allowance)

The pension lump sum has already been taxed. Your inheritance does not need to be declared, nor the endowment payout.

Child Tax Credit I don't think is taxable but HMRC will tell you.

nollag2006

Good tax calculator available here...

http://www.listentotaxman.com/

One question - I work from home a lot, what can I claim for that ?

Hoddie_2

jem16 wrote: »

The pension lump sum has already been taxed.

This would likely have been a treated as a trivial commutation and the lump sum taxed using the emergency code. As Cook_County says a repayment may be due.

Minimods

Anyone still waiting for their tax back?

I sent a letter on the 1st of April and nothing yet! Phoned them last week and they said that it can take up to 12 weeks. It's obvious that they are a large tax office and very busy! Last year it only took a few weeks although it was a different tax office.

JayD

As a non-working housewife I am a non-taxpayer and so my personal allowance is unused. I have some joint savings with my husband and a few shares of my own (taken up when the building society and AA became plcs). I know that I can reclaim my share of the tax deducted from the interest on our savings and I thought I could reclaim the tax paid on the dividends from my shares. I duly completed form R80. But when I received my refund cheque, the accompanying notice said the tax office was not refunding the 'non repayable tax' I had paid on my dividends.

The blurb on the explanatory leaflet doesn't make any sense to me. Can anyone here explain it please?

It says "A non-payable tax credit accompanies a dividend. The tax credit is set against the tax due on the dividend but cannot be paid to you where no tax is due."

With that, they have hung onto the £8.51p tax that I had paid in tax on my dividends!

Can anyone explain how they are able to do this please?

jem16

You haven't actually paid any tax on dividends which is why you can't claim it back.

Taken from this site;
http://www.direct.gov.uk/en/MoneyTaxAndBenefits/Taxes/TaxOnSavingsAndInvestments/DG_4016453

"You can't claim the 10 per cent tax credit, even if your taxable income is less than your personal allowances and you don't pay tax. This is because Income Tax hasn't been deducted from the dividend paid to you - you have simply been given a 10 per cent 'credit' against any Income Tax due."

kjones99

Hi,

Apologies if this has already been answered, I did read the thread but didn't see what I was after...

How long would people advise waiting before chasing the IR over tax reclaims? I'm claiming back for 5 months worth of tax (as not working but taxed for whole year in previous job) and just wondered how long I should expect it to take, and if it's worth calling them about it?

Also (sorry if this is a silly question!) as I sent the tax people parts of my P45 - presumably I am unable to provide these to a new employer until they have dealt with my claim?

Thanks!

CleanerConscience

Hi,
I have been working Saturdays in a library for some time, doing 4 hours a week at £6.50 per hour. Since my son started nursery I have added 10 hours per week cleaning at the same rate.
I have been given a BR tax code for the cleaning job, meaning I lose £13 of the £65 earned per week.
The 2 jobs are in 2 different counties meaning, I assume, that the tax offices will be different.
As I am well within my personal allowance, is the BR code wrong or are those of us working small bits and pieces here and there stuck with it?
I'd be really grateful for any help on this.

jem16

It's not wrong as BR is the normal code for a second income. You could however phone HMRC and ask for your tax code to be split over the two jobs.

moira_watt

barry2107 wrote: »

http://www.refundsdirect.co.uk/index/

answer questions and see if u are owed money

Hi, I have been waiting 14 months for my tax rebate which the tax refund company i an using say im definitely due a tax rebate, should i haver to wait this long as the company have allegedly written repeat letters to my tax office, any info, professional or experienced greatly appreciatedx.