We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

P55 for tax year 2019-2020

Comments

cinders1850 Posts: 11 Forumite

23 November 2020 at 11:44PM

xylophone said:

You requested a payment of £11, 850 from your pension provider?
Did the provider deduct tax of £3,698?
Did you receive only £8,152?
This was your only income of any kind during the tax year?
You are sure that you have not received a tax refund?
https://www.hl.co.uk/retirement/preparing/tax-matters/emergency-calculator

Yes to all questions.

1
xylophone Posts: 45,652 Forumite

24 November 2020 at 12:32AM

Yes to all questions.
Ring HMRC to clarify your situation.

0

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

Categories

All Categories
351.3K Banking & Borrowing
253.2K Reduce Debt & Boost Income
453.8K Spending & Discounts
244.3K Work, Benefits & Business
599.5K Mortgages, Homes & Bills
177.1K Life & Family
257.8K Travel & Transport
1.5M Hobbies & Leisure
16.2K Discuss & Feedback
37.6K Read-Only Boards