LAST CHANCE. Post your energy-related questions on the 'Ask An Expert' board before the end of the day. Experts from MSE's Utilities team look forward to answering some of them

HMRC PAYE System Portal

jaceyboy
jaceyboy Forumite Posts: 190
100 Posts Name Dropper Photogenic
Forumite
I see on the HMRC portal you can tell them what you will earn in this current tax year, but I do a self assessment telling paye, dividends bank interest etc, if I add dividends to the portal will they tax me what tax I am forcasted to pay or change my tax codes?

Comments

  • Dazed_and_C0nfused
    Dazed_and_C0nfused Forumite Posts: 11,510
    10,000 Posts Third Anniversary Name Dropper
    Forumite
    jaceyboy said:
    I see on the HMRC portal you can tell them what you will earn in this current tax year, but I do a self assessment telling paye, dividends bank interest etc, if I add dividends to the portal will they tax me what tax I am forcasted to pay or change my tax codes?
    Presumably so yes.

    If you prefer not to pay earlier than you have to then just stick to updating your expected PAYE earnings.

    Don't forge my when you complete your Self Assessment return there is a question about whether you want to use the info from your tax return to keep your tax code upto date.  Make you answer that which ever way suits you when the time comes.
  • jaceyboy
    jaceyboy Forumite Posts: 190
    100 Posts Name Dropper Photogenic
    Forumite
    Thanks, says you can add extra income (like divs/interest etc) but I dont want my tax code changed and pay it through paye instead of self assessment....
  • Dazed_and_C0nfused
    Dazed_and_C0nfused Forumite Posts: 11,510
    10,000 Posts Third Anniversary Name Dropper
    Forumite
    jaceyboy said:
    Thanks, says you can add extra income (like divs/interest etc) but I dont want my tax code changed and pay it through paye instead of self assessment....
    Then don't add it.  But do remember to include on your Self Assessment return 😜
  • jaceyboy
    jaceyboy Forumite Posts: 190
    100 Posts Name Dropper Photogenic
    Forumite
    I sure will remember :D
Meet your Ambassadors

Categories

  • All Categories
  • 338.8K Banking & Borrowing
  • 248.6K Reduce Debt & Boost Income
  • 447.6K Spending & Discounts
  • 230.7K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 171.1K Life & Family
  • 244K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards