MSE News: Over a million to be told they owe more tax

bhindi

Hi, I am hoping someone might also check the figures for me please.

Under 60, recieving no benefits,
2010-11 Pay £9891.04 gross..... tax £682.40 tax code 647L
2009-10 Pay £9821.58 gross tax £668.40 tax code 647L
2008-09 Pay £9373.72 gross tax £666.80 tax code 603L


Many thanks.

JimmyTheWig

bhindi wrote: »

Hi, I am hoping someone might also check the figures for me please.

Under 60, recieving no benefits,
2010-11 Pay £9891.04 gross..... tax £682.40 tax code 647L
2009-10 Pay £9821.58 gross tax £668.40 tax code 647L
2008-09 Pay £9373.72 gross tax £666.80 tax code 603L

Tax paid is correct according to your gross pay and tax code.
Whether your tax code is correct isn't something I can say.

bhindi

Thank you. Could you possibly tell me how I can find out what is the correct code for me?

thanks

JimmyTheWig

bhindi wrote: »

Thank you. Could you possibly tell me how I can find out what is the correct code for me?

You'd have to ask the tax office.

But the code you've given is correct for someone with no complications.

What makes you think something is wrong?

SUGARSPICE

jem16.

Tax Year 2000/2001

Tax Code 438L

Gross Pay £7,901.00

Tax Paid £852.95.

I think Im owed £262.71.

Do you think I would be able to get a rebate for 2000/2001?

:beer:

dori2o

SUGARSPICE wrote: »

jem16.

Tax Year 2000/2001

Tax Code 438L

Gross Pay £7,901.00

Tax Paid £852.95.

I think Im owed £262.71.

Do you think I would be able to get a rebate for 2000/2001?

:beer:

Short answer. No

The last year for PAYE tax refunds is currently the year ending 5 April 2006 and any ncliams for that year must be made before 31/01/2012.

As Mikeyorks posted in your other thread, this table provides the dates for which paye tax claims have to be made by.

Time limits for claiming back PAYE tax

JimmyTheWig

SUGARSPICE wrote: »

Tax Year 2000/2001

Tax Code 438L

Gross Pay £7,901.00

Tax Paid £852.95.

I think Im owed £262.71.

Do you think I would be able to get a rebate for 2000/2001?

Gross income: 7,901.00
Tax free allowance (from tax code): 4,385.00
Taxable pay: 3,516.00
Amount at 10%: 1,520.00
Tax at 10%: 152.00
Amount at 20%: 1,996.00
Tax at 20%: 399.20
Total tax due: £551.20

[I've used figures for the 10% band from http://www.hmrc.gov.uk/stats/tax_structure/table-a2a.pdf]

So I make it that you've paid £301.75 too much!
I have no idea if you can claim from that far back, though.

SUGARSPICE

dori2o

Do you know the latest news that they have made mistakes in the tax years going back to 2003-2004 aswell which they are now sorting out for people?

This was obviously years ago which would`ve also had a time limit but they are going to be dealing with it.

So I was wondering if it could be done for 2000/2001

JimmyTheWig.

Thank you very very much.

:beer:

dori2o

SUGARSPICE wrote: »

dori2o

Do you know the latest news that they have made mistakes in the tax years going back to 2003-2004 aswell which they are now sorting out for people?

This was obviously years ago which would`ve also had a time limit but they are going to be dealing with it.

So I was wondering if it could be done for 2000/2001

JimmyTheWig.

Thank you very very much.

:beer:

HMRC cannot go back any further than you or I can do. They are subject to the same time constraints as everyone else other than is cases of fraud in nwhich instances they can go back for an indefinate period if there is sufficient evidence to do so.

This means that despite the scaremongering that is ongoing, HMRC will not be going back to 2003/04.

jem16

SUGARSPICE wrote: »

jem16.


Do you think I would be able to get a rebate for 2000/2001?

:beer:

No it's too far back.