can i off set paye tax year to year

sailho20

Can i off set any un used paye personal alowence from 2012/13 or 2013/4 to 2014/5.
I have 2 employments which are casule and combined only just make over the tax thresh hold.
Dose hmrc allow unused personel alowance paye to be offset from a previous year to the currant year??

WHA

no, personal allowance is a use it or lose it allowance

sailho20

just another part of the unfair tax system. big earners can find ways but the small person suffers

teddysmum

sailho20 wrote: »

Can i off set any un used paye personal alowence from 2012/13 or 2013/4 to 2014/5.
I have 2 employments which are casule and combined only just make over the tax thresh hold.
Dose hmrc allow unused personel alowance paye to be offset from a previous year to the currant year??

If you only just go over the threshold, you will have very little tax to pay, as you only pay tax on the amount above your allowance (£10600 at the moment.)

CLAPTON

sailho20 wrote: »

Can i off set any un used paye personal alowence from 2012/13 or 2013/4 to 2014/5.
I have 2 employments which are casule and combined only just make over the tax thresh hold.
Dose hmrc allow unused personel alowance paye to be offset from a previous year to the currant year??

if you 'just' go over the allowance limit then there is no allowance left to offset, so what is the issue?

polymaff

sailho20 wrote: »

just another part of the unfair tax system. big earners can find ways but the small person suffers

Grind that axe!

Intoodeep

sailho20 wrote: »

just another part of the unfair tax system. big earners can find ways but the small person suffers

The system that you were trying to side step :T