Tax Returns

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  • Short answer is No.
    Longer answer is dependant on your tax contribution rate.
    NEST give you the tax relief when you contribute (as in they put that money into your pension, so you get 20% extra)
    If you are a higher rate tax payer 40/45% then you need to speak to HMRC to discuss the additional relief potentially entitled to.

  • Thanks dude, after doing some more reading I came to the same conclusion.

  • Anyone had a fake email from hmrc miss Rich g got an odd one through say rebate of 600 due click link, looked fairly good but still a bit sus.

  • Complete bullshit.
    HMRC will never text or email rebates.
    I had someone ring me up at work (I'm a payroller) asking for their tax refund that they got a text about.
    Told her it was bs and to delete it, and she was adamant it was legit. I convinced her to not click on any links and to call HMRC if she was that sure she was owed tax.
    (She wasn't)

  • Don't ever click anything that tells you you have a rebate or anything from HMRC that has a link, they're very clear about that. Any email you get from HMRC that you have a notification means you have to log into your account to check. If you're PAYE rebates are usually done automatically if your payroll is competent.

  • Several years ago I did some courier work, applied for a utrs number and then forgot all about it as I went on to do my master's. I earned around £1,100.
    A few months ago I took on some new part-time work and applied for my utrs, having forgotten that I already ahd it, and I was sent a bill for £1100 for not filling out a tax return - I promptly filled out a back tax return, but am still told I need to pay the money.
    Has anyone had an y experience with this, or advice?

  • Did you receive reminders?

  • I had moved twice in the intervening years and never thought to update my address.
    I'm frustrated as while there was a significant amount of naivety on my part, the tax return would've revealed that I earned a small untaxed wage and now I'm being asked to pay the same amount in fines.

  • Call them and beg forgiveness

  • Oof. Only about a seventh of that for me.

    Of course it's nice that if you pay through their site it takes 4-7 days for the money to appear in the actual self-assessment website. Nice and relaxing that.

    No treats for MiniGB for a good 11 months then.

  • £1.5k refund. Yay for me!

  • Dead to me

  • This morning's conversation:

    "Hi, HMRC. Uncharacteristically, I managed to get through to one of your humans in less than one minute to pay my tax, but when I called back because you've fucked it up, it took nearly an hour. Due to your enormous ineptitude, I've actually massively overpaid you, can I have my money back please?"

    "Errr, it might just be better if we hold onto it, is that ok?"

    "No, it fucking isn't. Give me my money."

  • Yeah just call them.

  • I've just submitted my SA online and received a submission number receipt. how long does it for it to appear?

  • Less than a day usually.

    (If you make a payment then that usually takes 4-7 days to appear on the website, which is less than relaxing.)

  • @Greenbank ta very much. I've popped back in and can now see a screen that says "submitted" but still no figures appearing so will check again later. Thankfully I transferred the money on Thursday to give it time to clear, must have been on my mind as it came to me during the night.
    cheers

  • Submitted my return on Friday got a reference number, should I get anything else, nothing seems to have changed when I go online and look.

  • @canonaxe, this happened to me on Sat (I think), i.e. I got the submission ref but it hadn't updated the figures. It takes a bit of time to filter through to showing the figures. My return has gone through just this morning so circa 48 hours for me.
    If you poke around in the SA screen you'll be able to get back to your return summary and it shows the submission receipt number.
    Edit: From memory to view it it's something like Tax Return options, select the year 16-17 and it should show in there even though its not processed.

  • Thanks, will have look just thought I might have seen some progress this morning.

  • @canonaxe, I guess this their busiest period

  • I'm PAYE but have filled in SA's the last four years for a steadily declining stream of side-income from music royalties. It used to be a few grand but these days it's in the hundreds. It's really hardly worth doing and I had last year's late fine refunded on the basis that the bit of cash generated is the side-effect of a hobby which is always more-than offset by the cost.

    Total additional earned this year was c.£500. I also bought a new laptop on which I make said music, so put that in as my one and only expense at £1,800 so net loss of £1,300. I was expecting HMRC to either accept that and give me a modest rebate - or worst case - pay a % of the £500 in additional tax. Total risk in the region of a couple of hundred quid I thought.

    For some reason the calculation kept spitting out that I owed them £1,180. I went back and tweaked my income every which way; made a profit, made a loss, declared no additional income or expenses and every time I re-calculated it kept saying I owed them £1,180.

    I started getting sweaty and called them up. Waiting on hold whilst re-running the calcs for the umpteenth time and it suddenly changed to me owing them £28. Fuck it. I'll take that to not have to deal with this shit any more. Hung up and submitted. *shrugs

  • I can't pay the full amount I owe. Called them up today, said I'll pay about 75% of it. They weren't bothered about setting up a payment plan for the rest.

  • How can you find out whether or not you're getting a refund, and the amount?

  • How can you find out whether or not you're getting a refund, and the amount?

    Log in to your Self Assessment account, it will show your liabilities and payments. If there's a small difference in your favour, you'll probably have to ask for them to pay it to you, because their default position seem to be to hang on it it and apply it to your next liability when that arises. This is not necessarily a bad thing if you don't desperately need the cash right now, since they pay interest.

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Tax Returns

Posted by Avatar for photoben @photoben

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