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How can I pay this tax?
timios
Posts: 3 Newbie
in Cutting tax
I am retired. I have fixed income and I am not a higher rate tax payer. I recently earned £750 for doing a piece of work for my previous employer. It is a "one off" I do not expect to receive any other payments like this.
Is there a way I can send the taxman a cheque for 20% of £750 without having to go through all the pain of self assesment?
Any help will be much appreciated.
Thanks
Is there a way I can send the taxman a cheque for 20% of £750 without having to go through all the pain of self assesment?
Any help will be much appreciated.
Thanks
0
Comments
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Phone the tax man. He will then adjust your code to take into account the extra income.0
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I've had terrible experiences trying to speak with tax people. I fear that the code will be incorrectly adjusted and I will have to phone him again after april to make sure that he doesn't tax me with the adjusted tax code forever!0
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As you know how much you will need to pay, why not set the money aside and send a cheque when asked ?0
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Write a letter telling them about the work you have done. They should then issue a calculation and tell you how much to pay etc.0
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thanks all. you seem to be saying I can send a cheque. please consider the original question answered.0
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Remember to subtract your expenses.Free the dunston one next time too.0
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