Self Assessment - Question and Worry,

mstar

Hello ppl,

I am in real mess, During the tax period 2010 - 2011, i changed jobs in May 2010. i had all my P60/P45 safely put aside in a old shoe box to do my tax return yesterday.

To my shock my wife cleaning up threw the box with other important things :mad::mad: now i am left with only my final pay slip from my Employer in May 2010 and i only have 6 months payslips for June - November in 2010 for that emoployer.

I rang the tax office and they just brushed me aside and said they can send a duplicate but it take 14days!!!! now i am stuck.
I rang my previous employer (i moved jobs in AUg 2011) and they said they cannot give on the phone and it will be posted again take upto 10 working days.

Is there any way i can calculate the tax roughly from payslips? Surely they will validate it anyway with the correct figures when they get my SA? Or will i be fined for not having correct figures in the SA? :(_pale_

pjclar02

Yes - you can certainly have a stab at it,. You know the net amounts received from your bank statements, so with this and your gross salary you should be able to work out what to include.

Order the copies anyway, and you can submit an amended return if needs be.

If you post up the details from your last payslip, your gross salary and the net amounts per your bank account someone will work it out for you I'm sure!

agrinnall

Why do you need to do SA anyway, what part of your earnings is not accounted for by PAYE? It would be normal for your salary to be taxed correctly, so presumably it is other things that mean you have to submit a return, so the details of those other things will also be required.

mstar

agrinnall wrote: »

Why do you need to do SA anyway, what part of your earnings is not accounted for by PAYE? It would be normal for your salary to be taxed correctly, so presumably it is other things that mean you have to submit a return, so the details of those other things will also be required.

i have rental income from properties Luckly i put those recipts etc in a SEPERATE place. That side is complete its just my tax from employment that i need to do.:o

agrinnall

In that case I'd just do what pjclar02 says, have a stab at it and amend the return once you have the correct figures. Because you should have paid the correct tax already on your employment the figures are unlikely to affect the tax that's due on the rental income unless you are close to moving into a higher rate band.

mstar

pjclar02 wrote: »

Yes - you can certainly have a stab at it,. You know the net amounts received from your bank statements, so with this and your gross salary you should be able to work out what to include.

If you post up the details from your last payslip, your gross salary and the net amounts per your bank account someone will work it out for you I'm sure!

Ok as i said from Apr 2010 - Apr 2011

I left Employer 1 on May 2010, Started at Employer 2 in June 2010.

For Employer 1 i do not have P60/P45. i do have these amounts for my last payslip May 2010:
TAX Code: 542L
TAX AMOUNT for month: 770.67
TAX PAID: Bal/YTD: 1541.33

I think that is a figure i can add to my SA.

To calculate my amount for Employer from June - Apr 2011
I have only the June-Sep payslips the September has the following:
TAX CODE:542L (but i know this changed sometime)
TAXABLE PAY THIS MONTH: 4402.01
TAXABLE PAY TO DATE: 25,481.29
INCOME TAX TO DATE: 5366.40
TAXABLE HEALTHCARE THIS MONTH: 32.00
YEAR TO DATE: 126.25
MONTHLY TAX PAID: 956.27

Can i just take the Monthly Tax Paid figure 956.27 x 11 + Employer 1 Tax paid to date 1541.33 ???

Will that roughly work? I appreciate any help someone can give me even if its not accurate i can least have some figure and then i am sure they can figure the correct figure later.




P.s (i know i had a pay rise £500 in Jan 2011 so not sure how this work in calculations but if i do the rough calculation above will i be ok)

mstar

anyone? who can help