We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Self assessment p11d help child benefit
AmieR
Posts: 6 Forumite
in Cutting tax
Hi we phoned HMRC who did a online calculator for us and informed us we would owe £196 due to higher income on child benefit
However when we logged on and submitted the self assessment it shows we owe £914
We had a play around with the calculator and found what's making it jump up , it's the p11d amounts for van allowance and fuel
My question is am I already taxed on the van/fuel, so do we enter this amount on the self assessment or leave it off , at the moment we have added it but I dont want to pay more money for adding the wrong info TIA
However when we logged on and submitted the self assessment it shows we owe £914
We had a play around with the calculator and found what's making it jump up , it's the p11d amounts for van allowance and fuel
My question is am I already taxed on the van/fuel, so do we enter this amount on the self assessment or leave it off , at the moment we have added it but I dont want to pay more money for adding the wrong info TIA
0
Comments
-
Yes, everything has to go on the SA return form, whether it's already been taxed or not.0
-
The tax you paid on the van benefit is included in the tax deducted on your PAYE so you are getting credit fir it.
If you did not advise HMRC of the benefit then the calculation done by them would not include it.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603.1K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards