Income Tax and Pension Contributions

Dazed_and_C0nfused

pollyanna24 said:

Thank you.  I didn't realise it would be a waste of time.  I don't know how the system works.  I received the e-mail about my tax code changing which is the first I realised I might need to do something about anything.

From what I recall, the form just asked about my pension contributions.  Without knowing what you have mentioned in point 2., how would I know not to include this pension?  I assume the form is to be filled by a lay person and not an expert.

I have worked out that I will only be about £500 over the threshold, but they have calculated it as closer to £800.  I am not sure if this is due to the interest on savings I received.  For such a small amount, is it even worth filling in the online form if I am likely to get something wrong due to not understanding it properly?  I know I could get a tax accountant involved, but for such a small amount, I am not sure it is worth it. 

Well I'd you only tell them about a part year you would have to do it all again after 5 April.  As we are nearly in March that seems a waste of effort now.  Wait until April.

And you have already received the correct relief on net pay contributions, that will be reflected on your P60 (i.e. salary was say £9k but P60 will only show £8k).

pollyanna24

Thank you.  I shall wait till the tax year is finished.  And I will use my P60 to help me fill the form in.  Thank you again.  You have been most helpful.