Hello, I am Keith, one of the experts on Just Answer, and happy to help you with your question.
I would suggest that you enter the amounts notified on the P45 on one copy of a SA102, you have to complete separate SA102s for every paid employment when you submit an annual self assessment tax return. You can use another form SA102 for your later employment using the P60 [End of the Year Certificate] issued to you at the conclusion of each tax year. Have a careful look at this P60 as it may well quote the employment income received and tax deduxted from both the current and the former employment. It is perfectly possible for a company director, who is classed as an employee per se and must be paid through PAYE, to receive little or no remuneration. If the director's income never exceeds the monthly lower earnings limit each month then there is no requirement to make a monthly return on line through RTI [Real Time Information], the on line PAYE employment system. If the P60 does give a previous employment figure, forget the P45 in your possession and use the data from the P60, but remember not to double count the previous and current figures, each should be on seperate SA102s, but together should aggregate to the total P60 data.
It seems a right nightmare, I know, a real Dad's Army 'Don't Panic!' situation, but a quiet saunter through will quickly resolve your problems. This advice assumes you are dealing with the 14/15 tax return and you have plenty of time for this return to be rendered. If an earlier tax year is involved then answer HMRC's letter with the appropriate remuneration received and tax deducted as a company director using the method I have explained. Finally tread warily and don't mix up the tax years. A few minutes with a wet towel wrapped round you head and the backs of several envelopes should have this matter resolved over the weekend.
I do hope that I have shown you a way forward with your problem.
Did you rescue details of the income paid out to you by the dissolved company or can you derive that from the company accounts even if these were not filed? Otherwise I suggest that you use the P45. As well as you having a copy HMRC will have one also, a point to which you should draw their attention when you communicate with them giving the relevant data asking them why they are wasting your time.
It is possible that HMRC already know the answer and are employing their usual guessing game technique. They will be back quick enough if the P45 data does not correspond to their data.
I recall in one job where I ran a huge pay roll section/ Wwe were continually bombarded by the Inland Revenue as it was then requesting details of previous years payments to employees. Eventually one of my clerks discovered that our P60s were in the tax office basement sealed up with a note from the chief of the office that under no circumstances were they to be opened. Thereafter all requests were refused and the IR directed to their basement store! Surprisingly all the queries which had wasted a lot of time dried up.
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