📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Error on HMRC personal account for tax paid 23/24

2»

Comments

  • Bigwheels1111
    Bigwheels1111 Posts: 3,045 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 7 April at 10:34AM
    Filed my return yesterday, they have streamlined the process for me.
    Rather than fill out 30 irrelevant boxes it asks a few questions first then left me a couple of boxes to fill out.
    Took 10 minutes in total.
    I was impressed.
    Next year they want 2k tax estimate.
    Not sure how or why as income will be the same.
    Does anyone know what’s tax code of 506L means.
    Thanks.

  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 17,735 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Filed my return yesterday, they have streamlined the process for me.
    Rather than fill out 30 irrelevant boxes it asks a few questions first then left me a couple of boxes to fill out.
    Took 10 minutes in total.
    I was impressed.
    Next year they want 2k tax estimate.
    Not sure how or why as income will be the same.
    Does anyone know what’s tax code of 506L means.
    Thanks.

    Yes, it means the total of your tax code allowance less deductions falls in the range 5060 to 5069.

    And you haven't either applied for or received Marriage Allowance.  And have the standard Personal Allowance of £12,570, not a tapered PA.  And numerous other things can be discounted in relation to company benefits.

    But really it means not a lot without the breakdown of allowances and deductions.  And who the code is going to be used by.  And how much income you expect to get from that employer or pension payer.
  • TIALTNGO
    TIALTNGO Posts: 12 Forumite
    First Post
    Pdman said:
    Tax account corrected this morning, 7th April.
    Yes same here and the £167 I paid in Dec is now showing again as paid with no more tax due for 2023-2024
  • soulsaver
    soulsaver Posts: 6,651 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 8 April at 6:15PM
    TIALTNGO said:
    Pdman said:
    Tax account corrected this morning, 7th April.
    Yes same here and the £167 I paid in Dec is now showing again as paid with no more tax due for 2023-2024
    Is this without contacting them? And/Or mail from them?

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.4K Work, Benefits & Business
  • 599.6K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.