1 November 2010
22:0477950#1
Bloody great.
So in spite of the fact that all my employment is PAYE I've just had a bill from the revenue for an extra £780.40 for 98/99.
Let's hope they are going to spend it on something useful...............
Hope the kids like pasta for Christmas!
Guest 690- Registered: 10 Oct 2009
- Posts: 4,150
1 November 2010
22:0977952#2
I know cannibals like pastor for Christmas, though I suspect they`d eat them anytime of the year.
Tell them that I came, and no one answered.
Guest 649- Registered: 12 Mar 2008
- Posts: 14,118
1 November 2010
22:0977953#3
Come on Bob,you can get back to them saying you are not in agreement with that and they have to take that up.Some have got away without paying anything. you got to fight them mate and at this time do not part with any money.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
1 November 2010
22:2477963#4
bob can afford it, if he is short of a few bob he can sublet his yacht to that russian bloke who owns chelsea.
1 November 2010
23:2077976#5
98/99??? I thought you only had to keep records for 7 years, so how on earth can they charge you that much money going back that far? If you kept records for the prescribed time, you would not have a leg to stand on as your records will be destroyed by now. I take it they have evidence of your liability? I would dispute it, on principle. But even if you decline to pay, they will add it to your tax code and recover it over the next financial year. When in a fight with the IR, you cannot win. I know that from experience.
1 November 2010
23:2877978#6
Lesley, Doh! I meant 08/09 (OK Howard, before you say it the teacher in this case was rubbish with numbers).
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
2 November 2010
08:3778000#7
bob the maths teacher,mmmm could do better.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
2 November 2010
08:4078001#8
Lesley.
If you are self-employed you should keep records for the previous 6 full tax years (so you are right, 7 to include the current year)
If you are employed (on PAYE) you should keep records for the previous 2 full tax years.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
2 November 2010
10:5878035#9
how long is it now for a company, used to be 7 years?
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
2 November 2010
13:2078066#10
To be honest I am not certain Howard.... I think the same for self-employed as explained above.
2 November 2010
13:2678069#11
Ah OK Bob, that makes more sense. They either have info on you having a second income, or benefits in kind (such as company car); unless your company has messed up on their PAYE calculations in which case you should be asking the company to make amends on this. If you want an independent second opinion on this, I don't mind spending an hour looking over it for you. I used to be an accountant in a former life so might be able to make some sense of it if its unclear to you?
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
2 November 2010
14:2078076#12
Oh dear Bob and there was you critcal of me in the past.
ALL POSTS ARE MY OWN PERSONAL VIEWS