i luuuurve the tax man!!!!!

just got a £950 tax rebate!!!

Smug Git !!!

I got about a grand last year and its a great feeling.

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

Originally Posted by ASM-Forever

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.

Coooooooooooool

Can I have some?

Matt

Originally Posted by ASM-Forever

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?

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!

Originally Posted by lynw

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?

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

Originally Posted by mac99

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

You<----------------------------------------------------> the point of my post

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.

Originally Posted by on yer bike

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.