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Help Do I Need to Do a Tax Return
ahll
Posts: 1,508 Forumite
Hi,
I am not sure if I have put this in the correct place but I couldnt see another obvious place to put it.
I use to own a limited company and earn quite alot of money as a consultant. I gave it up nearly 7 years ago and closed down the company.So I was no longer a Director which is why I had to do Tax Returns. Until last year I had to complete a Tax Return every year but they wrote to me and told me I no longer had to complete one.
I am not ritired(in my 40s) I am currently a Student and occassionally did the odd temp job for a few weeks. My issue is that I wrote to the Inland Revenue asking how I can claim back the money(tax) from my bank accounts as I dont earn enough to reach my personal allowance. They have now come back to me and want to to start me doing a Tax Return again!
Isn't there any simplier way of getting the interest back on my bank accounts without having to do a Tax Return.
I am not sure if I have put this in the correct place but I couldnt see another obvious place to put it.
I use to own a limited company and earn quite alot of money as a consultant. I gave it up nearly 7 years ago and closed down the company.So I was no longer a Director which is why I had to do Tax Returns. Until last year I had to complete a Tax Return every year but they wrote to me and told me I no longer had to complete one.
I am not ritired(in my 40s) I am currently a Student and occassionally did the odd temp job for a few weeks. My issue is that I wrote to the Inland Revenue asking how I can claim back the money(tax) from my bank accounts as I dont earn enough to reach my personal allowance. They have now come back to me and want to to start me doing a Tax Return again!
Isn't there any simplier way of getting the interest back on my bank accounts without having to do a Tax Return.
"The time is always right to do what is right"
0
Comments
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I believe you only need to submit a form R40
http://www.direct.gov.uk/en/MoneyTaxAndBenefits/Taxes/ReclaimingTax/DG_10026651"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."
Bertrand Russell. British author, mathematician, & philosopher (1872 - 1970)0
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