Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#1
If you have not done so make sure that you do your tax returns on-line before the end of this month, or you will be fined by HMRC.
Be careful though. In the last couple of days I have heard from two people who have done this but have clearly entered the wrong details and the system has calculated underpaid tax. One is a non-taxpayer and the other they want £4,000 extra tax - in both cases they have entered investment income incorrectly. I will be helping them this week correct their entries.
Do not enter the income the following:
Interest or dividends from Cash or Stocks and Shares ISAs.
Income from Investment or With Profits bonds except where you have a chargeable event certificate and make sure it is entered in the right place or 'tax paid' in the product will not be allowed for.
Make sure you enter the tax paid from bank and building society interest and stock dividends as well.
It seems the on-line system is causing problems for people in these and other respects.
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
#2
Good info Barry. We have an accountant to fill out our tax forms, so we don't make simple mistakes.
Roger
Guest 671- Registered: 4 May 2008
- Posts: 2,095
#3
It hasn't give me any problems.
"My New Year's Resolution, is to try and emulate Marek's level of chilled out, thoughtfulness and humour towards other forumites and not lose my decorum"
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#4
iv had a lot of probs with the nice geezers at hm c and excise
who although very helpful it took over 3 months to sort it
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 739- Registered: 16 Jan 2012
- Posts: 85
#5
Greetings! I would just like to add to this thread - if you get an email allegedly from HMRC saying they owe you money as a tax rebate please delete it as it is fraudulent. They will write to you personally and will never ask for your bank details. I've had about 10 emails of this nature this week so I checked and was told they will never email you or ask for personal details. Just in case someone was thinking they'd got lucky!!!!
I think we are all guinea pigs in the middle of an experiment for which they have forgotten to set up a control group!
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#6
welcome to the forum jen, i assume that you are the same jen as from priory forum.
Guest 739- Registered: 16 Jan 2012
- Posts: 85
#7
Hello Howard, it is indeed me. Roger nagged me to join!
I think we are all guinea pigs in the middle of an experiment for which they have forgotten to set up a control group!
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#8
well done to roger, please keep us informed of anything that you may think of interest arising from the priory forum.
london rd forum and various voluntary groups post here, there is a much wider audience looking in than just members.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#9
yes howard
i do lol
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
#10
Well done Jen and welcome.
Must get together soon.
Roger
#11
Yes i can confirm they do write letters officially as i had one today !!!!
