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SIPP and tax relief

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Comments

  • Doctor_Who
    Doctor_Who Posts: 917 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    Can you choose to do SA? I was on SA for ~10 years, but in 2018/19 HMRC wrote saying that was the last year I was required to do SA. I've since been using my personal tax account to update savings, dividend and pension income.
    Same for me, they blocked me from using it.
    However behind the scenes I was somehow still linked to the SA system and therefore my annual tax calculation ( P800) was not happening. It took a few phone calls and a strong complaint to get it sorted !
    At least HMRC managed to get that right in my case since I've been receiving P800s since my last SA in 2018/19!
    'Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it' - Albert Einstein.
  • r6mile
    r6mile Posts: 258 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Qyburn said:
    I did my Self Assessment on 24th April, the refund was in my bank on 2nd May
    I did my self assessment pretty much in the same days. But my refund (1.4K) has unbelievably been caught in security checks so am still waiting - latest estimate I’ve had is October which is horrendous. 

    Really putting me off having to do this again. Next time I make extra pension contributions I will be doing it via my workplace pension - which is net pay so I don’t even need to speak to HMRC.
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