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universal credit and over paid tax

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Comments

  • majeedk said:
    Not clear if we are saying the same thing.

    What happened during the year is irrelevant now, does the tax calculation (P800?) you have received show that you were in fact liable to tax at 40% when calculating the refund?
    I was only liable to pay basic rate tax at 20%. Below are the numbers from the letter

    Total Income : £34,755.92
    Total taxable income : £22,255.92
    Income Tax Paid : £12,008.94
    Income Tax payable £4,451
    HMRC owes me: £7,557.94

    I hope this helps




    In that case private pension contributions wont make any difference as you weren't liable at higher rates.
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