Query on completion HMRC form R40

oldwiring

Apologies for asking a question, that some may consider to have an obvious answer.

I am in course of completing one for myself, and one for my spouse.
At the top right hand of the first page one is asked for: Your Reference and Tax Reference.
I get two employers' pensions. The main pension has its own PAYE reference, and the second one another. Do I enter the main or both?

As I am completing for my self is a "My Reference" required?

As to my spouse, for whom I shall complete the form. Her income is below the Personal Allowance even after she transferred some to me.

Apart from referring to me as agent, what reference details are needed?

LittleJo

Hi
Ask HMRC
They are very helpful
Jo

oldwiring

Can you actually get through to them? i thought one died waiting.

ColdIron

Might be some use?
http://www.litrg.org.uk/useful-links/useful-tools/forms/r40-%E2%80%93-claim-repayment-tax-deducted-savings-and-investments-0

typistretired

Put your National Insurance Number in tax reference you wont have your reference unless they have already contacted you.

Dazed_and_confused

I would put what you refer to as your main pension reference on yours (along with your national insurance number) and National Insurance number on your wife's form.

"My reference" is only needed if you have such a complicated life/filing system you won't remember why HMRC will be writing to you in reply.

Personally I would concentrate more on making sure the actual income details are accurately filled in as there were one or two posts on here a while back from people who have struggled to get HMRC to accept the form.

Chrisback

Apologies if this is on the wrong place - I cannot figure out how to ask a new question on the forum.
I am completing form R40 and am unsure as to whether I need to include Redundancy pay (less than 30k so not taxable). Is it classed as "post termination income" and therefore to be included on box 2.1?

Dazed_and_confused

An R40 is basically a simple tax return so you have to include all taxable income on it (just because it was redundancy less than £30k doesn't guarantee it is not taxable).

Why do you think you might have to declare non taxable income on it?

And are you sure you need to fill that form in?

What year are you completing it for?

xylophone

See


https://www.moneyadviceservice.org.uk/en/articles/do-you-have-to-pay-tax-on-your-redundancy-payout

“Is my redundancy pay taxable?” is one of the first questions people ask when facing redundancy. Well, as redundancy pay is compensation for your job loss, it qualifies for special tax treatment, so up to £30,000 is tax free. But many people don’t realise that other elements of their package – holiday pay and pay in lieu of notice – will be taxed in the same way as any other pay.

See also

https://www.gov.uk/government/publications/other-taxable-income-hs325-self-assessment-helpsheet/hs325-other-taxable-income-2016

Badger50

A PAYE reference number identifies the employer or pension provider . Some people have a Unique Taxpayer Reference but only if they have to do self assessments. For the rest of us our National Insurance number is the reference to use. If you don't need a "My reference" for your own purposes there is no need to give one.

youngretired

Can anyone advice on should I complete an R40 form for claiming tax back for Reward payments? If not which form should I complete? I am a non taxpayer.

2017 I put the Reward payments under "other income" but this page got missed being scanned, so took a while trying to get it resolved. When it was refunded it was under Savings. I asked HMRC and they said put it under Savings interest in future.

2018 I claimed under interest and they asked for proof, as interest is no longer taxed. So I had to get letters from the Halifax and Co-op and resubmit my R40 by post. Again when it was refunded it was under Savings. HMRC did not give any guidance for future years even though I asked for this.