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View Full Version : i luuuurve the tax man!!!!!


busasean
22-08-07, 02:24 PM
just got a £950 tax rebate!!!

Viper
22-08-07, 02:46 PM
Smug Git !!! ;)

ASM-Forever
22-08-07, 04:45 PM
I got about a grand last year and its a great feeling.

In reality though they mugged you for the cash previously......

kwak zzr
22-08-07, 05:44 PM
I got about a grand last year and its a great feeling.

In reality though they mugged you for the cash previously......

yep the GIT did nick it from you in the first place.

Alpinestarhero
22-08-07, 05:45 PM
Coooooooooooool

Can I have some?

Matt

lynw
22-08-07, 06:35 PM
In reality though they mugged you for the cash previously......

No they didn't. Cant blame the tax man for taking more than necessary, same as if you underpay - thats not how the system works.

YOUR COMPANYS PAYROLL department work out what to deduct and THEY pay it over with a declaration to HMRC. They then pay the balance after deductions into your account as your salary. If THEY get it wrong HMRC don't know that til the final annual figures go in or you query it.

Or are tax officers supposed to be psychic now too? :p;):lol:

on yer bike
22-08-07, 06:54 PM
question lynw, I eventually got all my tax rebated to me (dunno if you remember but I was having problems earlier this year and asked on the forum, had to take legal action against my work, but eventually got it. but they sent me the whole amount of tax I'd paid back.) now I owe the tax man around 50p, what should I do, should I wait until the tax man asks for it, is there some sort of fine for not paying these things? in which case do I have to fill out some forms and send a cheque etc blady blady blah!

mac99
22-08-07, 07:16 PM
No they didn't. Cant blame the tax man for taking more than necessary, same as if you underpay - thats not how the system works.

YOUR COMPANYS PAYROLL department work out what to deduct and THEY pay it over with a declaration to HMRC. They then pay the balance after deductions into your account as your salary. If THEY get it wrong HMRC don't know that til the final annual figures go in or you query it.

Or are tax officers supposed to be psychic now too? :p;):lol:

So your company's payroll decide what tax code to put you on now?

lynw
22-08-07, 07:33 PM
So your company's payroll decide what tax code to put you on now?

You<----------------------------------------------------> the point of my post ;):p

They have to tell the revenue about any taxable benefits for them to adjust the tax code. Also, if your payroll screw up and underpay [which has been known], then the Revenue will adjust your tax code to collect it the following year. So while the Revenue make the decision about your code, its not plucked out of thin air. It is actually based on information YOUR COMPANY GIVE THEM.

But the point actually was the Revenue dont collect the money. Its your payroll that pay it over. Ergo I was merely pointing out the concept that the Revenue "mugged" people for the cash previously is not strictly true. They just go by what YOUR company is telling them as far as payments, declarations and deciding your tax code goes.

:)

lynw
22-08-07, 07:39 PM
question lynw, I eventually got all my tax rebated to me (dunno if you remember but I was having problems earlier this year and asked on the forum, had to take legal action against my work, but eventually got it. but they sent me the whole amount of tax I'd paid back.) now I owe the tax man around 50p, what should I do, should I wait until the tax man asks for it, is there some sort of fine for not paying these things? in which case do I have to fill out some forms and send a cheque etc blady blady blah!

Congratulations, you have now just pushed me back into vowing I will never help anyone on this forum EVER again with their tax problems or give advice or a balancing pov to correct mistaken ideas. Its clearly not appreciated to warrant such sarcasm. :smt013

ASM-Forever
22-08-07, 07:46 PM
Congratulations, you have now just pushed me back into vowing I will never help anyone on this forum EVER again with their tax problems or give advice or a balancing pov to correct mistaken ideas. Its clearly not appreciated to warrant such sarcasm. :smt013

Actually i am pretty sure thats a genuine question.

kitkat
22-08-07, 08:34 PM
cool, what are you going to spend it on?

on yer bike
23-08-07, 05:57 PM
that was a genuine question, and the exact amount I owe is 58p I'm not sure if at that low cost they'll ignore it or not, and don't want to be in trouble for not paying any tax if there is any fines etc. oh well thanks anyway.