Login
|
Contact Us
Tax
Have Tax Questions? Ask a Tax Expert for Answers ASAP
Ask an Expert
Tax Questions
How JustAnswer Works:
Ask an Expert
Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
Get a Professional Answer
Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
100% Satisfaction Guarantee
Rate the answer you receive.
Ask bigduckontax Your Own Question
bigduckontax
,
Accountant
Category:
Tax
Satisfied Customers:
4950
Experience:
FCCA FCMA CGMA ACIS
75394688
Type Your Tax Question Here...
bigduckontax is online now
I have just recieved a p800t telling me i only earned 4404
This answer was rated:
★
★
★
★
★
I have just recieved a p800t telling me i only earned 4404 pounds year ending april 2015 and i am due a refund of 303.40 in tax overpaid but my p60 says i earned 15328.16 and paid tax of 1102.20 .which is correct have my employers been dishonest?
Share this conversation
Expert:
bigduckontax
replied 2 years ago.
Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to assist you with your question. I could not possibly comment on such discrepancies! I assume that as you have a P60 from your employers that you were paid under PAYE arrangements. As the end of the year process which produces the P60 mirrors the data to HMRC then the P800 from them should correspond with the P60. However, if there are other matters which you included in your self assessment tax return for the same tax year then the P800 would reflect thee in addition to the straight PAYE data. I refer to the possibility of some business losses being declared in your tax return which would have an effect on the position. You presumably know if the P60 information is correct. If so then you must check the P800 for accuracy. It will show the full breakdown of your tax position. If, by any chance, the P800 shows discrepancies then you should appeal against it. This is simply done by writing a letter to the tax office which issued it explaining the true position and requesting an amendment. This sort of thing happens more frequently than you might think and a letter usually resolves the matter. If you receiive a refund of tax then just put it to one side so to speak as HMRC might want it back when all the chips are down! I do hope that my reply has been of use to you and shed some light on your possible position.
bigduckontax and other Tax Specialists are ready to help you
Ask your own question now
Expert:
bigduckontax
replied 2 years ago.
Thank you for your support.
Ask Your Own Tax Question
Share this conversation
Related Tax Questions
Question
Date Submitted
I'm due a considerable amount of corporation tax and VAT and
22/04/2018
22/04/2018
If a UK registered company does work in Peru, invoices to
21/04/2018
21/04/2018
How much capital gains tax will I have to pay if I sell my
21/04/2018
21/04/2018
Tax accountant completed paperwork every year. Now been sent
20/04/2018
20/04/2018
I own an unmortgaged freehold flat which I have rented out
20/04/2018
20/04/2018
I am thinking of selling a flat I purchased in 2003 for my
20/04/2018
20/04/2018
I am an expat living in thailand, I sold my house in UK in
19/04/2018
19/04/2018
I live in Australia but receive a rental income from UK
19/04/2018
19/04/2018
I traded some Contracts for Difference (CFDs) and
19/04/2018
19/04/2018
I am resident in France and all my income is from the UK and
19/04/2018
19/04/2018
X
Ask a Tax Professional
Get a Professional Answer. 100% Satisfaction Guaranteed.
Tax Professionals are online now
Type Your Tax Question Here...
characters left: