Overpayment of income tax

RG2015

RG2015 said:

RG2015 said:

I have just remembered that after HMRC had issued my P800 advising that I owed £209.60 for 2023/2024, they said this would be collected via my 2025/2026 PAYE tax code.

I did not want my 2025/2026 tax code to be affected so I paid the £209.60. I suspect herefore that the PUP cancellation relates to my 2025/2026 tax code.

This issue is that HMRC had already included this in my 2024/2025 tax code by reducing my allowance by £1,048.00 in March 2024 (as shown in my screenshot in an earlier post).

I did not have the stamina to phone HMRC so I have written to them requesting that they advise me how they are going to reimburse me.

I received a reply from HMRC saying they had cancelled the underpayment in my tax code, and they would not be collecting the underpayment via my tax code.

They may have cancelled the underpayment (PUP coded out cancelled) but by not changing my tax code the amount paid remains unadjusted.

I phoned HMRC yesterday and they saw what had happened and did change my tax code. I can see this in my PTA online. However, my 28 March monthly pension payment is already showing there. Hence I will not be reimbursed this tax year.

The HMRC person said that my pension provider would reimburse me. I questioned this as it did appear to be too late. She responded by saying that it would then show on my P60 as a discrepancy and HMRC would rebate me.

I asked how quick this would be and she said a week or two. This does sound a bit odd as I thought this would be part of the P800 calculation, which would be several months.

Is it likely that HMRC would issue a tax rebate in April or May in advance of the P800 calculation?

I have just received my March payslip and it shows the earlier (unadjusted) tax code. Now my PTA online shows my estimated tax figure to be £208 lower than my actual payment.

Is the P60 ever different to my final payslip? Is it possible that I may get a rebate before they issue my P800?

Dazed_and_C0nfused

RG2015 said:

RG2015 said:

RG2015 said:

I have just remembered that after HMRC had issued my P800 advising that I owed £209.60 for 2023/2024, they said this would be collected via my 2025/2026 PAYE tax code.

I did not want my 2025/2026 tax code to be affected so I paid the £209.60. I suspect herefore that the PUP cancellation relates to my 2025/2026 tax code.

This issue is that HMRC had already included this in my 2024/2025 tax code by reducing my allowance by £1,048.00 in March 2024 (as shown in my screenshot in an earlier post).

I did not have the stamina to phone HMRC so I have written to them requesting that they advise me how they are going to reimburse me.

I received a reply from HMRC saying they had cancelled the underpayment in my tax code, and they would not be collecting the underpayment via my tax code.

They may have cancelled the underpayment (PUP coded out cancelled) but by not changing my tax code the amount paid remains unadjusted.

I phoned HMRC yesterday and they saw what had happened and did change my tax code. I can see this in my PTA online. However, my 28 March monthly pension payment is already showing there. Hence I will not be reimbursed this tax year.

The HMRC person said that my pension provider would reimburse me. I questioned this as it did appear to be too late. She responded by saying that it would then show on my P60 as a discrepancy and HMRC would rebate me.

I asked how quick this would be and she said a week or two. This does sound a bit odd as I thought this would be part of the P800 calculation, which would be several months.

Is it likely that HMRC would issue a tax rebate in April or May in advance of the P800 calculation?

I have just received my March payslip and it shows the earlier (unadjusted) tax code. Now my PTA online shows my estimated tax figure to be £208 lower than my actual payment.

Is the P60 ever different to my final payslip? Is it possible that I may get a rebate before they issue my P800?

Your P60 will be whatever the employer/pension payer puts on it.  But I cannot see any reason to think it would be different to your final payslip.

RG2015

Dazed_and_C0nfused said:

RG2015 said:

RG2015 said:

RG2015 said:

I have just remembered that after HMRC had issued my P800 advising that I owed £209.60 for 2023/2024, they said this would be collected via my 2025/2026 PAYE tax code.

I did not want my 2025/2026 tax code to be affected so I paid the £209.60. I suspect herefore that the PUP cancellation relates to my 2025/2026 tax code.

This issue is that HMRC had already included this in my 2024/2025 tax code by reducing my allowance by £1,048.00 in March 2024 (as shown in my screenshot in an earlier post).

I did not have the stamina to phone HMRC so I have written to them requesting that they advise me how they are going to reimburse me.

I received a reply from HMRC saying they had cancelled the underpayment in my tax code, and they would not be collecting the underpayment via my tax code.

They may have cancelled the underpayment (PUP coded out cancelled) but by not changing my tax code the amount paid remains unadjusted.

I phoned HMRC yesterday and they saw what had happened and did change my tax code. I can see this in my PTA online. However, my 28 March monthly pension payment is already showing there. Hence I will not be reimbursed this tax year.

The HMRC person said that my pension provider would reimburse me. I questioned this as it did appear to be too late. She responded by saying that it would then show on my P60 as a discrepancy and HMRC would rebate me.

I asked how quick this would be and she said a week or two. This does sound a bit odd as I thought this would be part of the P800 calculation, which would be several months.

Is it likely that HMRC would issue a tax rebate in April or May in advance of the P800 calculation?

I have just received my March payslip and it shows the earlier (unadjusted) tax code. Now my PTA online shows my estimated tax figure to be £208 lower than my actual payment.

Is the P60 ever different to my final payslip? Is it possible that I may get a rebate before they issue my P800?

Your P60 will be whatever the employer/pension payer puts on it.  But I cannot see any reason to think it would be different to your final payslip.

This is was what the HMRC person said on the phone.

They issued a revised tax code to my pension provider. The problem is that this was never going to be in time to adjust my month 12 payment. Hence their suggestion that my pension provider would then use the new tax code on my P60.

This is how they said a discrepancy would arise, resulting in an tax rebate.

Sarahspangles

I didn’t think that the P60 was submitted to HMRC any more. It’s for our own records nowadays, as taxpayers. But HMRC have the same information and when they make their final calculation it will achieve the same outcome, a refund. 

sheramber

Sarahspangles said:

I didn’t think that the P60 was submitted to HMRC any more. It’s for our own records nowadays, as taxpayers. But HMRC have the same information and when they make their final calculation it will achieve the same outcome, a refund. 

Has anybody said it is submitted to HMRC?

Dazed_and_C0nfused

RG2015 said:

Dazed_and_C0nfused said:

RG2015 said:

RG2015 said:

RG2015 said:

I have just remembered that after HMRC had issued my P800 advising that I owed £209.60 for 2023/2024, they said this would be collected via my 2025/2026 PAYE tax code.

I did not want my 2025/2026 tax code to be affected so I paid the £209.60. I suspect herefore that the PUP cancellation relates to my 2025/2026 tax code.

This issue is that HMRC had already included this in my 2024/2025 tax code by reducing my allowance by £1,048.00 in March 2024 (as shown in my screenshot in an earlier post).

I did not have the stamina to phone HMRC so I have written to them requesting that they advise me how they are going to reimburse me.

I received a reply from HMRC saying they had cancelled the underpayment in my tax code, and they would not be collecting the underpayment via my tax code.

They may have cancelled the underpayment (PUP coded out cancelled) but by not changing my tax code the amount paid remains unadjusted.

I phoned HMRC yesterday and they saw what had happened and did change my tax code. I can see this in my PTA online. However, my 28 March monthly pension payment is already showing there. Hence I will not be reimbursed this tax year.

The HMRC person said that my pension provider would reimburse me. I questioned this as it did appear to be too late. She responded by saying that it would then show on my P60 as a discrepancy and HMRC would rebate me.

I asked how quick this would be and she said a week or two. This does sound a bit odd as I thought this would be part of the P800 calculation, which would be several months.

Is it likely that HMRC would issue a tax rebate in April or May in advance of the P800 calculation?

I have just received my March payslip and it shows the earlier (unadjusted) tax code. Now my PTA online shows my estimated tax figure to be £208 lower than my actual payment.

Is the P60 ever different to my final payslip? Is it possible that I may get a rebate before they issue my P800?

Your P60 will be whatever the employer/pension payer puts on it.  But I cannot see any reason to think it would be different to your final payslip.

This is was what the HMRC person said on the phone.

They issued a revised tax code to my pension provider. The problem is that this was never going to be in time to adjust my month 12 payment. Hence their suggestion that my pension provider would then use the new tax code on my P60.

This is how they said a discrepancy would arise, resulting in an tax rebate.

Your tax code is irrelevant once the tax year has ended.  HMRC will review your liability using the relevant income, allowances, rate bands etc.

And they will use the Real Time Information data the employer/pension payer submits.  The P60 is for you, it isn't something HMRC receive a copy of.

Sarahspangles

sheramber said:

Sarahspangles said:

I didn’t think that the P60 was submitted to HMRC any more. It’s for our own records nowadays, as taxpayers. But HMRC have the same information and when they make their final calculation it will achieve the same outcome, a refund. 

Has anybody said it is submitted to HMRC?

This bit of OP’s earlier post implies that the trigger for HMRC reimbursement would be a P60. Rather than the later, normal process leading to a P800 with a refund. 

She responded by saying that it would then show on my P60 as a discrepancy and HMRC would rebate me.

I asked how quick this would be and she said a week or two. This does sound a bit odd as I thought this would be part of the P800 calculation, which would be several months.

Is it likely that HMRC would issue a tax rebate in April or May in advance of the P800 calculation? 

Dazed_and_C0nfused

Sarahspangles said:

sheramber said:

Sarahspangles said:

I didn’t think that the P60 was submitted to HMRC any more. It’s for our own records nowadays, as taxpayers. But HMRC have the same information and when they make their final calculation it will achieve the same outcome, a refund. 

Has anybody said it is submitted to HMRC?

This bit of OP’s earlier post implies that the trigger for HMRC reimbursement would be a P60. Rather than the later, normal process leading to a P800 with a refund. 

She responded by saying that it would then show on my P60 as a discrepancy and HMRC would rebate me.

I asked how quick this would be and she said a week or two. This does sound a bit odd as I thought this would be part of the P800 calculation, which would be several months.

Is it likely that HMRC would issue a tax rebate in April or May in advance of the P800 calculation? 

HMRC would never have sight of a P60 unless the op sent it to them.

Which I suspect is quite likely as the op does seem to like to interfere in the established process.  Sometimes that can be helpful but there are times when just letting the cogs grind round makes life much simpler.  With the same end outcome.

Sarahspangles

Dazed_and_C0nfused said:

HMRC would never have sight of a P60 unless the op sent it to them.

Which I suspect is quite likely as the op does seem to like to interfere in the established process.  Sometimes that can be helpful but there are times when just letting the cogs grind round makes life much simpler.  With the same end outcome.

You kindly replied to my query earlier about how tax on savings interest plays out with PAYE across tax years. I’m waiting for OH to look again at what his notice of coding actually says, rather than what he thinks it should say!

We spent a long time checking his last P800, he was tempted to just pay the tax owed once we decided it was ‘near enough’. If it turns out it’s being collected next year - I now think it is - he may do just that. Although he gets to keep his cash a bit longer if he doesn’t, he’d prefer closure.

RG2015

Dazed_and_C0nfused said:

RG2015 said:

Dazed_and_C0nfused said:

RG2015 said:

RG2015 said:

RG2015 said:

I have just remembered that after HMRC had issued my P800 advising that I owed £209.60 for 2023/2024, they said this would be collected via my 2025/2026 PAYE tax code.

I did not want my 2025/2026 tax code to be affected so I paid the £209.60. I suspect herefore that the PUP cancellation relates to my 2025/2026 tax code.

This issue is that HMRC had already included this in my 2024/2025 tax code by reducing my allowance by £1,048.00 in March 2024 (as shown in my screenshot in an earlier post).

I did not have the stamina to phone HMRC so I have written to them requesting that they advise me how they are going to reimburse me.

I received a reply from HMRC saying they had cancelled the underpayment in my tax code, and they would not be collecting the underpayment via my tax code.

They may have cancelled the underpayment (PUP coded out cancelled) but by not changing my tax code the amount paid remains unadjusted.

I phoned HMRC yesterday and they saw what had happened and did change my tax code. I can see this in my PTA online. However, my 28 March monthly pension payment is already showing there. Hence I will not be reimbursed this tax year.

The HMRC person said that my pension provider would reimburse me. I questioned this as it did appear to be too late. She responded by saying that it would then show on my P60 as a discrepancy and HMRC would rebate me.

I asked how quick this would be and she said a week or two. This does sound a bit odd as I thought this would be part of the P800 calculation, which would be several months.

Is it likely that HMRC would issue a tax rebate in April or May in advance of the P800 calculation?

I have just received my March payslip and it shows the earlier (unadjusted) tax code. Now my PTA online shows my estimated tax figure to be £208 lower than my actual payment.

Is the P60 ever different to my final payslip? Is it possible that I may get a rebate before they issue my P800?

Your P60 will be whatever the employer/pension payer puts on it.  But I cannot see any reason to think it would be different to your final payslip.

This is was what the HMRC person said on the phone.

They issued a revised tax code to my pension provider. The problem is that this was never going to be in time to adjust my month 12 payment. Hence their suggestion that my pension provider would then use the new tax code on my P60.

This is how they said a discrepancy would arise, resulting in an tax rebate.

Your tax code is irrelevant once the tax year has ended.  HMRC will review your liability using the relevant income, allowances, rate bands etc.

And they will use the Real Time Information data the employer/pension payer submits.  The P60 is for you, it isn't something HMRC receive a copy of.

This is what I thought. The HMRC agent changed my 24/25 tax code but it now appears that this was pointless.

They also gave me incorrect information about the P60.

Many thanks to everyone and particularly to Dazed_and_C0nfused for your responses.