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p45 & pay to date

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Comments

  • unholyangel
    unholyangel Posts: 16,866 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I think this is a bit harsh given the op said this in the original post,



    It sounds like confusion all round.

    As the payment was clearly made in 2019:20 then it will eventually be taken into account as such by HMRC but the op may have to wait until this time next year before HMRC review 2019:20 and issue an underpayment notice.

    One positive from this is that the extra tax payable won't normally be collected in full until the end of the 2020:21 tax year so the op is effectively getting an interest free loan.

    Harsh? Perhaps, but if they believed the p45 to be from the previous year, then they shouldn't have used the tax code on it. If they believed it to be from the current year, then they should have used the pay and tax figures. In that theoretical scenario of them using the p45 at least (OP's update indicates thats not what happened so rather moot now!).
    You keep using that word. I do not think it means what you think it means - Inigo Montoya, The Princess Bride
  • Euphoria1z
    Euphoria1z Posts: 952 Forumite
    chrisbur wrote: »
    In my experience when I was working in payroll there were many people working in it who knew very little about PAYE NI etc. I doubt if things have changed a great deal.
    I would say is it worth the hassle and time wasted to chase this up. If I were you I would just accept that I owe £198 and this will probably be collected from me at some point in the future; and until then just forget about it.
    If however you decide to carry on trying to sort it out I can only wish you the best of luck with it.



    Thanks for your help (and every one else).


    I will wait a little longer in case my new employer is still processing it.


    My p45 was made available to me 3 weeks ago so maybe it takes a bit more time to process.


    Otherwise ill leave it.
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