Income Tax

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Income Tax

Postby cruiser2 » 18 Mar 2019, 14:45

Having seen articles in the paper and on TV I went on line and completed the form to claim to transfer the allowance from my wife to me as she does not pay tax.
Received a new Notice of Coding showing the Married Couples Allowance and the Married Allowance transfer from my wife.

Phoned HMRC to ask how and when the refund would be paid. Was told I could only have one of the allowances.
So I have now got an ammended Notice of Coding.

This was a mistake which HMRC should not have made.
I got a good will payment from HMRC when I was working as they had made such a mess of my tax calculations. I wrote to the CEO about the problem as the tax ofice was not answering my questions.
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Re: Income Tax

Postby miasmum » 18 Mar 2019, 20:16

I signed my allowance over to Tim and then discovered I should only have given him the part I didn't use.

What a nightmare that turned out to be. I have had to send them two cheques, they have given me a refund, and I have had so many changes of tax code you could paper the room with them.

I am never ever touching my taxable allowance again
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Re: Income Tax

Postby TheOstrich » 18 Mar 2019, 20:43

miasmum wrote:I am never ever touching my taxable allowance again


Don't worry, they can get it wrong all by themselves!

They estimated savings interest in my coding notice for 2017/18, but when the banks reported the correct figures to them (as banks do), they entered the figure in my tax calculation but apparently forgot to remove the original estimate. This doubling-up then put me over the threshold to pay tax and created a completely incorrect tax liability. The first I knew about it was a demand for £120! :shock: And they altered my 2018/19 and 2019/20 coding notices on the basis of their wrong calculations as well.

It took me a number of phone calls and a letter to get it sorted out, which they did, fair enough, but the problem was entirely of their own making.
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Re: Income Tax

Postby miasmum » 19 Mar 2019, 08:19

Luckily my friend is a tas accountant so she logged on and sorted it all. I hadn’t got a clue
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Re: Income Tax

Postby JoM » 21 Mar 2019, 21:58

John's bracing himself for his regular tussle with HMRC tomorrow.

Every time that something changes with his wages or workplace benefits his tax goes wrong. Every single time.

When he got his last company car, three years ago, it took five months and regular phone calls, repeating and double checking that they had the correct details which they assured him each time that they did, before his tax was correct. We were convinced that he wasn't being taxed enough and he even had a refund for £300 which he queried, they looked into it and agreed that was wrong but said he'd still overpaid and then refunded £40 to him.
The following month they decided that he hadn't paid enough!

Fast forward to now. He's opted out of having a company car as it's no longer a perk due to how much tax (income, not road) has to be paid. It's worked out cheaper to buy our own. He returned his car on Feb 28th and I logged into his gov.uk account that afternoon, removed the car and a new tax code was issued (both online and on paper) which looked to be right. He's been paid today, that tax code hasn't been used and he's been put on emergency tax, has been taxed for the car which he no longer has and on top of that has paid a further £210 more tax this month than usual.
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