P800 for 2024/2025

Dazed_and_C0nfused

brewerdave said:

My wife got hers for 24/5 today - it was correct for untaxed savings interest AND dividends paid - and miracle of miracles - the tax refund due agrees with my calculations. HOWEVER......
 They encourage you to apply for rebate by online bank transfer - great - except that the system won't accept either of our joint accounts for payment - they don't match their records -  I have no idea how they have a current bank account listed for her unless its an old one we have switched from with Santander - now locked out for 24 hours.
Found a long tortuous way to apply for a cheque rebate that has gone thru altho several supposed routes ended up with the same online payment page that we were locked out of !!!

I suppose it may be due to the fact that my name appears first on the joint account name ? But if so, others must have the same issue.

Couldn't she just have got it paid into her own account and then transfer it into the joint account herself 🤔

That would surely have been far better than waiting until November for the cheque to arrive?

brewerdave

Dazed_and_C0nfused said:

brewerdave said:

My wife got hers for 24/5 today - it was correct for untaxed savings interest AND dividends paid - and miracle of miracles - the tax refund due agrees with my calculations. HOWEVER......
 They encourage you to apply for rebate by online bank transfer - great - except that the system won't accept either of our joint accounts for payment - they don't match their records -  I have no idea how they have a current bank account listed for her unless its an old one we have switched from with Santander - now locked out for 24 hours.
Found a long tortuous way to apply for a cheque rebate that has gone thru altho several supposed routes ended up with the same online payment page that we were locked out of !!!

I suppose it may be due to the fact that my name appears first on the joint account name ? But if so, others must have the same issue.

Couldn't she just have got it paid into her own account and then transfer it into the joint account herself 🤔

That would surely have been far better than waiting until November for the cheque to arrive?

She hasn't got a bank account in her own name - after retiring quite a while ago now, we simplified things to have 2  joint accounts. That makes life a lot easier if one of us kicks the bucket suddenly!
The amount owed is less than £100 so waiting isn't a problem

RG2015

SevenUpPear8 said:

@RG2015 when logging in to the personal tax account, there's a box for 'Paye As You Earn (PAYE)' to the left of the '6 April 2024 to 5 April 2025' box. Once in, click 'Check current tax year'.

At least this is what I see; it might look different to others, especially if not PAYE workers.

Direct link is https://account.hmrc.gov.uk/paye/iabd/  

The link above appears to now be broken. Is this the same for others?

Before it was broken, I saw two different figures for my untaxed interest. The first was £1,908 when this thread was first posted and then 3 or 4 days ago when it changed to £666.

My actual figure for 2024/2025 is £1,200, so I have no idea where their 2 figures cam from.

666 is no way to view HMRC though!

eskbanker

RG2015 said:

666 is no way to view HMRC though!

As with most matters of taxation, the devil is in the detail....

RG2015

RG2015 said:

SevenUpPear8 said:

@RG2015 when logging in to the personal tax account, there's a box for 'Paye As You Earn (PAYE)' to the left of the '6 April 2024 to 5 April 2025' box. Once in, click 'Check current tax year'.

At least this is what I see; it might look different to others, especially if not PAYE workers.

Direct link is https://account.hmrc.gov.uk/paye/iabd/  

The link above appears to now be broken. Is this the same for others?

Before it was broken, I saw two different figures for my untaxed interest. The first was £1,908 when this thread was first posted and then 3 or 4 days ago when it changed to £666.

My actual figure for 2024/2025 is £1,200, so I have no idea where their 2 figures came from.

666 is no way to view HMRC though!

Well, the link may be broken but the source of the 666 has now been identified, and it does appear to be a diabolical error 😀

I have just been given a new tax code for 2025/2026 and it is for a new estimate for untaxed interest of £666. However, as far I am aware this can only be based on the most recent actual figures, which is 2024/2025.

And therein lies the problem, as I know my 2024/2025 untaxed interest is £1,195.

At the moment I cannot see any obvious examples of £529 from any combination of 2024/2025 interest figures that may have not been reported to HMRC.

Dazed_and_C0nfused

RG2015 said:

RG2015 said:

SevenUpPear8 said:

@RG2015 when logging in to the personal tax account, there's a box for 'Paye As You Earn (PAYE)' to the left of the '6 April 2024 to 5 April 2025' box. Once in, click 'Check current tax year'.

At least this is what I see; it might look different to others, especially if not PAYE workers.

Direct link is https://account.hmrc.gov.uk/paye/iabd/  

The link above appears to now be broken. Is this the same for others?

Before it was broken, I saw two different figures for my untaxed interest. The first was £1,908 when this thread was first posted and then 3 or 4 days ago when it changed to £666.

My actual figure for 2024/2025 is £1,200, so I have no idea where their 2 figures came from.

666 is no way to view HMRC though!

Well, the link may be broken but the source of the 666 has now been identified, and it does appear to be a diabolical error 😀

I have just been given a new tax code for 2025/2026 and it is for a new estimate for untaxed interest of £666. However, as far I am aware this can only be based on the most recent actual figures, which is 2024/2025.

And therein lies the problem, as I know my 2024/2025 untaxed interest is £1,195.

At the moment I cannot see any obvious examples of £529 from any combination of 2024/2025 interest figures that may have not been reported to HMRC.

If you are a basic rate payer wouldn't a tax code deduction of £666 not be because your interest was estimated as £1,666?

Or as a higher rate payer £1,166?

RG2015

Dazed_and_C0nfused said:

RG2015 said:

RG2015 said:

SevenUpPear8 said:

@RG2015 when logging in to the personal tax account, there's a box for 'Paye As You Earn (PAYE)' to the left of the '6 April 2024 to 5 April 2025' box. Once in, click 'Check current tax year'.

At least this is what I see; it might look different to others, especially if not PAYE workers.

Direct link is https://account.hmrc.gov.uk/paye/iabd/  

The link above appears to now be broken. Is this the same for others?

Before it was broken, I saw two different figures for my untaxed interest. The first was £1,908 when this thread was first posted and then 3 or 4 days ago when it changed to £666.

My actual figure for 2024/2025 is £1,200, so I have no idea where their 2 figures came from.

666 is no way to view HMRC though!

Well, the link may be broken but the source of the 666 has now been identified, and it does appear to be a diabolical error 😀

I have just been given a new tax code for 2025/2026 and it is for a new estimate for untaxed interest of £666. However, as far I am aware this can only be based on the most recent actual figures, which is 2024/2025.

And therein lies the problem, as I know my 2024/2025 untaxed interest is £1,195.

At the moment I cannot see any obvious examples of £529 from any combination of 2024/2025 interest figures that may have not been reported to HMRC.

If you are a basic rate payer wouldn't a tax code deduction of £666 not be because your interest was estimated as £1,666?

Or as a higher rate payer £1,166?

Not if it states tax at 0%.

Dazed_and_C0nfused

RG2015 said:

Dazed_and_C0nfused said:

RG2015 said:

RG2015 said:

SevenUpPear8 said:

@RG2015 when logging in to the personal tax account, there's a box for 'Paye As You Earn (PAYE)' to the left of the '6 April 2024 to 5 April 2025' box. Once in, click 'Check current tax year'.

At least this is what I see; it might look different to others, especially if not PAYE workers.

Direct link is https://account.hmrc.gov.uk/paye/iabd/  

The link above appears to now be broken. Is this the same for others?

Before it was broken, I saw two different figures for my untaxed interest. The first was £1,908 when this thread was first posted and then 3 or 4 days ago when it changed to £666.

My actual figure for 2024/2025 is £1,200, so I have no idea where their 2 figures came from.

666 is no way to view HMRC though!

Well, the link may be broken but the source of the 666 has now been identified, and it does appear to be a diabolical error 😀

I have just been given a new tax code for 2025/2026 and it is for a new estimate for untaxed interest of £666. However, as far I am aware this can only be based on the most recent actual figures, which is 2024/2025.

And therein lies the problem, as I know my 2024/2025 untaxed interest is £1,195.

At the moment I cannot see any obvious examples of £529 from any combination of 2024/2025 interest figures that may have not been reported to HMRC.

If you are a basic rate payer wouldn't a tax code deduction of £666 not be because your interest was estimated as £1,666?

Or as a higher rate payer £1,166?

Not if it states tax at 0%.

Ok but that isn't a tax code, it's something else entirely.

RG2015

Dazed_and_C0nfused said:

RG2015 said:

Dazed_and_C0nfused said:

RG2015 said:

RG2015 said:

SevenUpPear8 said:

@RG2015 when logging in to the personal tax account, there's a box for 'Paye As You Earn (PAYE)' to the left of the '6 April 2024 to 5 April 2025' box. Once in, click 'Check current tax year'.

At least this is what I see; it might look different to others, especially if not PAYE workers.

Direct link is https://account.hmrc.gov.uk/paye/iabd/  

The link above appears to now be broken. Is this the same for others?

Before it was broken, I saw two different figures for my untaxed interest. The first was £1,908 when this thread was first posted and then 3 or 4 days ago when it changed to £666.

My actual figure for 2024/2025 is £1,200, so I have no idea where their 2 figures came from.

666 is no way to view HMRC though!

Well, the link may be broken but the source of the 666 has now been identified, and it does appear to be a diabolical error 😀

I have just been given a new tax code for 2025/2026 and it is for a new estimate for untaxed interest of £666. However, as far I am aware this can only be based on the most recent actual figures, which is 2024/2025.

And therein lies the problem, as I know my 2024/2025 untaxed interest is £1,195.

At the moment I cannot see any obvious examples of £529 from any combination of 2024/2025 interest figures that may have not been reported to HMRC.

If you are a basic rate payer wouldn't a tax code deduction of £666 not be because your interest was estimated as £1,666?

Or as a higher rate payer £1,166?

Not if it states tax at 0%.

Ok but that isn't a tax code, it's something else entirely.

My tax free amount has changed from £2,530 to £2,941, an increase of £411.

My estimated untaxed interest has decreased from £1,411 to £666, so the amount taxed at 20% has decreased by £411.

My tax code has been changed from 253M to 294M.

All I have done is look at these figures and inferred that the change in tax code is due to the change in estimated untaxed interest.

I would certainly be happy to be corrected as to how the change in tax code is different to the change in untaxed interest. 

RG2015

@Dazed_and_C0nfused

I have just realised that I had not mentioned the initial estimate of £1,411.

This clearly will affect your view of the issue.

I still maintain that the £666 has no basis in any actual untaxed interest amount.