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self assessment - should husband/wife have same amount billed?

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Hi All,
My husband and I became landlords in the tax year 12/13 and I am (finally!) finalising the online self assessments for this.

As we own the property jointly, I know that we split the income/expenditure 50/50. So I assumed that our tax bills would be the same, but there is a difference of £26.85! I can't work out where we have gone wrong (if we have gone wrong).

We are both employed as well (me part time and him full time) and our tax codes for the year are different (mine 810L and his 823L - because he gets a laundry allowance), I am wondering if that accounts for the difference......

Any thoughts? I can't decide whether just to submit the form or call the helpline tomorrow to try and work it out....

Thanks in advance of any help!
Flugellover :D

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    well the difference between your taxcodes is 823-810 = 13

    so the tax allowance is 130

    so the tax difference should be about 130 x 20% = £26
  • Thanks Clapton!
    That sounds like it would explain it - although I am right in thinking that the higher tax code means my husband can earn more before paying tax? It is his tax bill that is higher than mine.....
    Flugellover :D
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Thanks Clapton!
    That sounds like it would explain it - although I am right in thinking that the higher tax code means my husband can earn more before paying tax? It is his tax bill that is higher than mine.....

    a higher tax code does indeed mean that one can earn more income before tax


    without the full details it's impossible to add anything else

    if you wish to post the full details perhaps we could check them for you
  • Thanks Clapton!
    That sounds like it would explain it - although I am right in thinking that the higher tax code means my husband can earn more before paying tax? It is his tax bill that is higher than mine.....
    What's probably happened is that he's not put the laundry expenses on the employment page of his return. The system then thinks he wasn't due those, and is reclaiming the £26 tax he didn't pay because it was in his code.

    Log in and amend the return, that should sort the problem.
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    Hi All,
    My husband and I became landlords in the tax year 12/13 and I am (finally!) finalising the online self assessments for this.

    As we own the property jointly, I know that we split the income/expenditure 50/50. So I assumed that our tax bills would be the same, but there is a difference of £26.85! I can't work out where we have gone wrong (if we have gone wrong).

    We are both employed as well (me part time and him full time) and our tax codes for the year are different (mine 810L and his 823L - because he gets a laundry allowance), I am wondering if that accounts for the difference......

    Any thoughts? I can't decide whether just to submit the form or call the helpline tomorrow to try and work it out....

    Thanks in advance of any help!

    Until you post actual figures we can only guess. Perhaps your part time income is less than £8105.
    The only thing that is constant is change.
  • Thanks Clapton, Gas Powered Toothbrush and zygurat789 for your replies. I suspect Gas Powered Toothbrush is right, we haven't detailed the additional benefit in my husbands return. That would make sense I think. I will go online and change it and see.....

    We have paid tax on all the other incomes we have (jointly and separately, putting 50% of the joint incomes on each return), I just really wanted to confirm the additional bill (for unpaid tax on the rental income) should be the same for me and my husband, regardless of the tax code (as we both earn more than the threshold for paying tax with our employment).

    I will decline the helpful suggestions of putting the figures up for the time being, as I am confident that your responses have helped me sort it out ;)
    Flugellover :D
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