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 Adjustment
Options

Jonah01
Posts: 268 Forumite


in Cutting tax
Hi,
Will try to keep this short.
I got a statement for my SA today for the year 2012/2013.
When I completed the self assessment I owed 345 pounds. I had received a P800 recalculation saying I owed this amount and it would be collected sometime in 2014. Knowing this I put this amount in the section saying something like "enter underpaid tax for 2012/2013 which is on your coding notice." This made it so I owed nothing and I assumed the amount would be taken via PAYE. (I did my return after the pay by PAYE deadline but as I got the P800 I thought that was fine)
Turns out this was a mistake.
The letter I got today states I owe the 345 now. The thing is my tax code for 2014/2015 has changed (like it said on my p800) to also collect this amount.
I spoke to HMRC and he said I must pay the amount now.
My question is. Will this trigger a tax code change to say this doesn't need collecting anymore. Or do I have to wait until the end of this financial year for it to work out I have paid too much tax.
Any help would be appreciated.
Thanks
Will try to keep this short.
I got a statement for my SA today for the year 2012/2013.
When I completed the self assessment I owed 345 pounds. I had received a P800 recalculation saying I owed this amount and it would be collected sometime in 2014. Knowing this I put this amount in the section saying something like "enter underpaid tax for 2012/2013 which is on your coding notice." This made it so I owed nothing and I assumed the amount would be taken via PAYE. (I did my return after the pay by PAYE deadline but as I got the P800 I thought that was fine)
Turns out this was a mistake.
The letter I got today states I owe the 345 now. The thing is my tax code for 2014/2015 has changed (like it said on my p800) to also collect this amount.
I spoke to HMRC and he said I must pay the amount now.
My question is. Will this trigger a tax code change to say this doesn't need collecting anymore. Or do I have to wait until the end of this financial year for it to work out I have paid too much tax.
Any help would be appreciated.
Thanks
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards