We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
self assessment - should husband/wife have same amount billed?
Options

flugellover
Posts: 67 Forumite
in Cutting tax
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!
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 

0
Comments
-
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% = £260 -
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.....Flugellover0 -
flugellover wrote: »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 you0 -
flugellover wrote: »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.....
Log in and amend the return, that should sort the problem.0 -
flugellover wrote: »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.0 -
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 outFlugellover0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards