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

Late final 20/21 figures

My personal PTA states that they still haven't finalized my account for the previous tax year. This is nearly 9 months after the end and I have simple income ie. SP, Company Pension and B&BS accounts. Any reason why this year is taking so long apart from the obvious working from home Covid changes?

Comments

  • Have you calculate what the end result should be - refund, tax bill or nothing either way?
  • Similar situation in our household - repayment due from 2020/21 due to finishing employment earlier in that year yet PTA shows "not yet calculated".

    Did at one time say should be completed by "end of October" but that dissapeared !

    Not that it's relevant but the coding notice for the current year has an adjustment for a suggested underpayment last year.
  • caveman38
    caveman38 Posts: 1,319 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Have you calculate what the end result should be - refund, tax bill or nothing either way?
    There won't be much in it. Perhaps I'll owe them a bit. But usually by now the code would have been adjusted and monies owed taken in remaining months and 22/23 code based on that too. I'm not worried just interested why the delay?
  • sheramber
    sheramber Posts: 24,133 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    Staff shortage due to the virus. Many have been  moved on to work on the covid grants and furlough.
  • Costabit
    Costabit Posts: 189 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    I had been slightly concerned by the amount of time it was taking HMRC to do the 2020-21 calculations, thinking that perhaps there was a problem and we were being investigated.
    But logged on today and it has been done ( either today or last week ) and both have a small rebate to claim so happy days !!!
    So don't despair it would appear that HMRC are getting through them.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

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

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.