PAYE overpayment/underpayment.

[Mad Cyril]

Anyone feeling lucky?

Letters to start dropping onto doormats from tomorrow......

 

[GIBBO]

I know with the year I'm having! I'm going to be one of the unlucky ones!!

 

[MK Shrimper]

What's this about? British Tax problems never reached Fox TV or ABC in America. In fact nothing outside of the State reached American TV "news" shows.

 

[osymandus]

Wasnt it the Telegraph this morning that said the rebates are actually 10 million people !!!

 

[Cricko]

Wasnt it the Telegraph this morning that said the rebates are actually 10 million people !!!

http://www.telegraph.co.uk/finance/...lion-in-line-for-rebate-after-tax-fiasco.html

 

[Pubey]

Rumour has it that the underpayment requests aren't enforceable, so if you are told you've underpaid and to cough up... just ignore?

(this is just a rumour, and Pubey does not take responsibility for any posters following this rumour)

 

[class]

This will only affect people who have more than one employment, or have left a job and started another without giving the new employer their P45.

And Pubey, the underpayment requests are enforceable (this is the Government we are talking about!!) although anything £2000 and under will be taken via your tax code and not actually payable.

 

[Pubey]

This will only affect people who have more than one employment, or have left a job and started another without giving the new employer their P45.

And Pubey, the underpayment requests are enforceable (this is the Government we are talking about!!) although anything £2000 and under will be taken via your tax code and not actually payable.

this is what I've seen going around:
http://www.hmrc.gov.uk/manuals/epmanual/ep6618.htm

 

[class]

Ah ok, fingers crossed then for those who need to pay!!

 

[Interpol Shrimper]

this is what I've seen going around:
http://www.hmrc.gov.uk/manuals/epmanual/ep6618.htm

Do you think this page is on RM's list of saved favourites?

Especially this bit...

You will meet cases where the taxpayer might genuinely believe that he does not owe any further tax, but where it was not reasonable for him to hold that belief, given all the circumstances.

 

[Davros]

i guess this wont affect anyone who does there own tax returns?

 

[Yorkshire Blue]

It's Tory tax cuts through the back door!