A mission to secure my future!

itskat

Hi StrugglingYouth!

Keep chasing HMRC for an accurate figure. I know speaking to HMRC is often like banging your head against a wall, but keep at it.

If you're sure you have your figures correct, maybe stick a post in the "Tax credits & benefits for work" board asking for more specific advice?

If their calculations turn out to be correct, I think you'll be able to pay the tax you owe back through your tax code, if you can't afford to do it all at once.

If you owe less than £3,000 HMRC normally includes the underpayment in your tax code for the next tax year.

hmrc.gov.uk/payinghmrc/taxcode.htm

(Can't post a full link as I'm a new user, but if you copy/paste the above, or Google "hmrc underpayments tax code", you should get the page of the HMRC web site that breaks it down in more detail)



Although I'll be honest, I'm not sure if that only relates to underpayments relating to work-earned PAYE. Hopefully someone else with more knowledge might check in.

Sorry you've hit a bump in the road so soon into your journey Sending good vibes your way, and I've subscribing to see how you get on.

Best of luck

StrugglingYouth

I will phone them on Thursday which is my next day off and see what my options are. I have had notice to pay £1442. Yet their new figures suggest I owe them more.

I read they overpaid by a huge margin last year and as a result are clawing some of it back.

I will happily pay it back if I have been overpaid, it just annoying its their mistake. Il probably offer them an amount each month and clear it over time as Il need my savings for living costs whilst retraining and I wont be able to save that amount back within the next 10 months.


On a side note, I had a good day today. My Dad popped down (250 miles) to see me, he stayed down here the night before and travelled back home today.

My bread maker has arrived. Except I have realised I have no weighing scales..he even bought me all the ingredients for wholemeal bread. He did bring me a slice of carrot cake though which was excellent! Silver lining and all!

Summary:
+ carrot cake
- HMRC Overpayments.. TBC

StrugglingYouth

Have spoken to HMRC this morning. They did overpay me by £1437. They also said I am only liable for half this amount as it was a joint claim. (Im in two minds whether to involve my ex partner for her share) or whether to just pay it myself. (Dons flame proof suit)

I hate that its hanging over me, I've never run up debt myself yet seem to fall foul of government run aids that are designed to help people.

Do most people offer to repay it monthly do you think? Or just stick with 'its your mistake, I dont have the money..' They mentioned it would go to a debt collection agency, which I will avoid at all costs.

I earn too much now by a fraction to have any overpaid amounts deducted from next years awards.

Onwards and upwards I suppose. I have taken a deposit on my car thats for sale. It should be with its new owner within a week which will help things a bit as you can see from my SOA its fairly tight in terms of 'spare money.'

Bex296

Hi StrugglingYouth! Good luck with your journey.
Re: bursaries, it might be worth checking out your local council (possibly where you grew up too) for random little pots of money - they may only be for first time undergrads, but it's worth a look. My village had a small fund for books for local youth going to uni, and I got about £100 a year from them. Every little helps!

StrugglingYouth

Bex296 wrote: »

Hi StrugglingYouth! Good luck with your journey.
Re: bursaries, it might be worth checking out your local council (possibly where you grew up too) for random little pots of money - they may only be for first time undergrads, but it's worth a look. My village had a small fund for books for local youth going to uni, and I got about £100 a year from them. Every little helps!

I will look into it. I grew up in a hamlet with no form of village council or anything. I will check my current city council and also the University itself. Im good friends with a lot of the new nurses & they will lend me books should the library not suffice.

In other news heres what happened today:

Summary:
Teaching: +£10
Socialite: -£18

I also made my first loaf of bread from the new machine. Its very tasty so Im happy with that.

StrugglingYouth

My beloved car was sold today. It was both necessary and sad. I loved that thing a man drove an eight hour round trip to collect it! I did however find 65pence in change in the car!

In other news, now the car parts/wheels have all gone I have room to stand in my shed, which means I should probably sort it out, e-Bay some of it, throw some of it and become nostalgic about other things.

I bought nothing else today. I ate frozen left overs from the other day.

Also OnePoll is agonisingly close to paying out.. theres less than 50pence to go.

Summary:
Car sale: +£1150.65
Homemade bread: +Tasty

itskat

*Moment of silence for the car*

But hey, congrats on the sale!

StrugglingYouth

itskat wrote: »

*Moment of silence for the car*

But hey, congrats on the sale!

I appreciate the sentiment! :beer:

I always knew it would sell. I bought smart. Limited edition, has an existing fan base for the model and if someones prepared to travel 8 hours for a 16 year old Peugeot then I got something right!

I forgot to phone HMRC, which I will do tomorrow.

I also checked my Quidco account, I have £8 cashback waiting for me. I will probably wait for it to reach a multiple of ten before I cash it out.

StrugglingYouth

Quick survey update:

OnePoll: £39.95/£40..Annoyingly close, yet I havent seen a survey all day
Opinion World: 3125 points or £31.25
Valued Opinions: £23

I think once OnePoll hits the magic number Il order vouchers/cash out of them all + transfer whatever the total is into my savings.

Bex296

Yay for car sale- and I'm massively impressed someone took so much time to collect it!
Have just been reminded by your polls post that I need to check Quidco as think they owe me some money...