final calculation

catoutthebag

[Deleted User] wrote:

Please pay what I have stated in post 16 - away for a lie down!

Thank you - don't blame you.

Will I get a rebate in June then :shhh:

[Deleted User]

Pay 1736.78 now and 2688.57 in July not June. No rebate in July already set against payment due today - take my word for it.

PS - I know nothing about student loans!

catoutthebag

[Deleted User] wrote:

Pay 1736.78 now and 2688.57 in July not June. No rebate in July already set against payment due today - take my word for it.

PS - I know nothing about student loans!

Thank you for your help on this.

So I can effectively pocket the 1k for myself today and out of my income tax savings account....under what circumstances would a self employed get a rebate. ..I thought it would be precisely for this situation.

Ok ill take your word that student loan is included on the calculation and ill pay that figure you say hopefully without penalty.

Can you or someone else please explain why the figure of 5985 was on view calculation and not 5377 so I can sleep easy. Never has this situation before and I've always paid student loan.

Sorry for doing your head in :wall:

[Deleted User]

1) you have got a rebate - it has reduced your first payment on account to 1736.78 instead of 2688.57.

2) 5985 represents the amount due by way of tax, NIC AND STUDENT LOAN CONTRIBUTIONS is the way it used to be phrased.

So the figure is 5377 plus student loan contributions. Sleep well.

catoutthebag

Paid - thank you :j

Hopefully it's ok. Just nervous as it the lowest jan payment I've had to make. Usually a few thousand which is odd as I earned a few thousand less..maybe 3-4 k bit np idea how it's so low.

Anyway hope it's right as it's submitted and paid

Only thing is I noticed you used my 2nd poa 14/15 which was maybe £1 out of my 1st poa (I must have made an error and hence charged 78p interest if you check previous page). Anyway I used this figure like you did which was marginally lowry than the 1st poa figure. I was tempted to overpay by a couple pounds to cover myself but didn't