Should I contact the HMRC regarding a potential future overpayment from previous employer ?

eLdn123
eLdn123 Posts: 47 Forumite
Second Anniversary 10 Posts Name Dropper
edited 1 May 2022 at 12:36PM in Cutting tax
Hello all, and thanks for checking this post out. First off I would like to apologise if the forum is the incorrect one, but was unable to find a different category related to tax. The situation, to me at least, seems quite complex and maybe someone can share some knowledge on what I should do.

I resigned from my previous employer and currently serving notice ( have around a week and a half  ). My soon to be ex-employer pays in advance, and not in arrears, so I have already been paid for my notice. I've received by email, that's how payslips are delivered in the company, a payslip for the next pay period with the full salary. I emailed my manager and informed them about this to see what they can do about this asap because I don't want to be getting the money that I'm not entitled to ( I don't have any holiday days left so I wasn't expecting anything ). I checked the HMRC online account, and noticed that the income had been reported from the employer, so HMRC updated the records but I can't change anything there as when I tried to make any changes, the system said " Your last payment from the employer was made on the 10th of May" ( that is the usual pay day ).

I am due to start my new job immediately after I finish serving my notice, and the wage is quite high + different bonuses upon starting, so I would be under a completely different tax bracket. I am concerned that HMRC will consider that I'll be double paid for the month of May, and the wage that the previous employer reported will affect my income from my new employer. Should I call HMRC and tell them about this ? On the HMRC website they state that employers should notify them, but I'm concerned my first pay check from the new employer will be negatively affected, and I'm still in the process of paying down debt and wanted to pay a big chunk of the debt, and set some dates with lenders for payments.

Comments

  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 17,188 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    edited 1 May 2022 at 12:37PM
    Should I call HMRC and tell them about this ?

    Highly likely to be a waste of time.

    What you need to do is get your old employer to file an updated Real Time Information report correcting this.

    I checked the HMRC online account, and noticed that the income had been reported from the employer, 


  • eLdn123
    eLdn123 Posts: 47 Forumite
    Second Anniversary 10 Posts Name Dropper
    Should I call HMRC and tell them about this ?

    Highly likely to be a waste of time.

    What you need to do is get your old employer to file an updated Real Time Information report correcting this.

    I checked the HMRC online account, and noticed that the income had been reported from the employer, 



    Thanks ! I assume they shouldn't pushback on this request, as if they wouldn't do this, they would need to pay me what is on the payslip and start a more complicated process. Am I correct in assuming this ?
  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 17,188 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    edited 1 May 2022 at 12:46PM
    They should report the facts.  But Real Time Information reports have to be submitted on or before the wages payment date.  So this situation isn't uncommon.

    If those wages aren't going to be paid then they need to file an updated RTI report.

    There is nothing particularly difficult or unusual about it and there's guidance for employers on gov.uk.

    https://www.gov.uk/payroll-errors/correcting-your-fps-or-eps
  • eLdn123
    eLdn123 Posts: 47 Forumite
    Second Anniversary 10 Posts Name Dropper
    They should report the facts.  But Real Time Information reports have to be submitted on or before the wages payment date.  So this situation isn't uncommon.

    If those wages aren't going to be paid then they need to file an updated RTI report.

    There is nothing particularly difficult or unusual about it and there's guidance for employers on gov.uk.

    https://www.gov.uk/payroll-errors/correcting-your-fps-or-eps

    Amazing information ! Thank you very much, I'm feeling more relaxed now understanding the process !
  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 17,188 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    One thing I would say is that based on previous posts on here it gets more complicated for you and the employer if the payment is made.

    Sorting out what need to be paid back doesn't ever seem straightforward.
  • eLdn123
    eLdn123 Posts: 47 Forumite
    Second Anniversary 10 Posts Name Dropper
    One thing I would say is that based on previous posts on here it gets more complicated for you and the employer if the payment is made.

    Sorting out what need to be paid back doesn't ever seem straightforward.

    Yeah, I noticed the same, that's why when I saw the payslip I immediately contacted everyone ( my manager ) and started looking for information on how to approach this. There is some time until the payment is actually made and I hope to get it sorted until then so the payment is actually not made and overcomplicates things. Thanks !
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