tax help: miscellaneous

catoutthebag

I've made a couple errors in the previous years return (despite other returns being fine) which I hope NOT to repeat

1) I didn't take into account payment on account made for 13/14. Where can I find this figure to ensure I don't overpay again?

2) last time I apparently didn't tick the box to say I owe student loans (even though I thought j did) - exactly which part of the return do I tick?

3) capital allowances. Few years ago I claimed 50% of expenses for phone and laptop. These have been replaced. Can I claim for the same 'type' of capital allowance in a subsequent tax year? Assume yes.

4) can't find up to date info on this. Is room as office rate for 13/14 £4/week and business milage still 45 ppm on the first 10k miles?

Happy returning everyone

TheCyclingProgrammer

Are you self employed or a company director?

The use of home rate is still £4/week. Not sure if self employed can use this rate by the self employed can usually claim a higher amount using he apportionment method anyway.

Mileage is as you say it is.

I'm not sure what you meant by your first point. Can you clarify?

I'm afraid I can't help with 2 or 3.

catoutthebag

TheCyclingProgrammer wrote: »

Are you self employed or a company director?

The use of home rate is still £4/week. Not sure if self employed can use this rate by the self employed can usually claim a higher amount using he apportionment method anyway.

Mileage is as you say it is.

I'm not sure what you meant by your first point. Can you clarify?

I'm afraid I can't help with 2 or 3.

Self employed and yes self employed can use this rate

First point: last time my tax return gave a total figure. I paid this figure not taking into account I'd already made a payment on account for the accounting period. So where would I find the payment on account I've made already so I can subtract from whatever the total calculation will be?

Thanks

mgdavid

Think you can look at previous returns online...

zygurat789

1) After logging in first screen, menu on left "view account"
You should have paid two on account instalments. If you submit your tax return and wait a day or so then you will find your amount has been updated and will show you the balance due.
2) Tax return , page 1, last question
3) Assumption correct.

Suffolk_lass

You might find my husband's experience yesterday helpful. He completed his first ever self assessment tax return. After the system did all the calculations he phoned up (yes really) to query what looked like a refund and was put through to a tier-two technical advisor with no delay, who was able to confirm it was right. I was just shocked at how straightforward it was and that there were technical advisors in at the weekend (this was mid Saturday afternoon) - yesterday. I know everyone here is really helpful but they really were very good at HMRC.

SL

catoutthebag

That's suprsing. Guess they have more staff near deadline. Normally they take half an hour to reply.

catoutthebag

Suffolk_lass wrote: »

You might find my husband's experience yesterday helpful. He completed his first ever self assessment tax return. After the system did all the calculations he phoned up (yes really) to query what looked like a refund and was put through to a tier-two technical advisor with no delay, who was able to confirm it was right. I was just shocked at how straightforward it was and that there were technical advisors in at the weekend (this was mid Saturday afternoon) - yesterday. I know everyone here is really helpful but they really were very good at HMRC.

SL

and what did the refund look like or show up as? I'll be due one in jan 2016 almost definitely and never been in that situation. .

agrinnall

catoutthebag wrote: »

That's suprsing. Guess they have more staff near deadline. Normally they take half an hour to reply.

Depends when you ring, pick your time and you won't have to wait anywhere near that, the longest I've waited is about 5 minutes (apart from the several months that it took them to issue a replacement cheque, compensation and a letter of apology after they mistakenly cancelled the first one they'd sent to me).

zygurat789

Suffolk_lass wrote: »

You might find my husband's experience yesterday helpful. He completed his first ever self assessment tax return. After the system did all the calculations he phoned up (yes really) to query what looked like a refund and was put through to a tier-two technical advisor with no delay, who was able to confirm it was right. I was just shocked at how straightforward it was and that there were technical advisors in at the weekend (this was mid Saturday afternoon) - yesterday. I know everyone here is really helpful but they really were very good at HMRC.

SL

Almost anyone could confirm that the information entered onto the tax return produced a calculation that gave rise to a refund was correct, the tax return system does that.
The art is in knowing how to arrive at the figures to put on the tax return that result in the smallest liability/largest refund.

mist1234

Hello, I have a similar question, i'm a newbee.
Hope someone can please clarify?

For the past few tax years I have paid the tax due for that tax year as well as the 1st payment on account in jan and july. I have then not subtracted this advance payment from the final tax due.
Therefore, have I overpaid tax? If so, can I subtract this amount from the tax due this year and pay any difference towards the advance payment?

thank you in advance