We’d like to remind Forumites to please avoid political debate on the Forum.
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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Smp lump sum
Callee2021
Posts: 2 Newbie
in Cutting tax
Any advice welcome. I was made redundant in February and also due to start maternity. I received maternity in a lump sum on the last day of February along with my final wage. Am I entitled to claim any of the tax back that I paid on it As the maternity covers 2 tax years. My maternity started in March so just be for the end of the tax year. I am on tax code 1250l so wouldn't of paid any tax if I hadn't of received the lump sum. I have rang hmrc and they are either not understanding what I am saying to them or are correct in saying there's nothing that can be done about it. Also heard of an in year tax adjustment but not much information about it. Thanks in advance for any guidance.
0
Comments
-
Pretty sure that as this has already happened it will treated as taxable in the tax year it was paid in.
You may be due a refund but you would need to post the figures from your P45.1 -
Thank you I was unsure what the rules were as most of the maternity is for this tax yearDazed_and_C0nfused said:Pretty sure that as this has already happened it will treated as taxable in the tax year it was paid in.
You may be due a refund but you would need to post the figures from your P45.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603.1K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards