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17 February 2010, 18:25
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#1
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RIBnet supporter
Country: UK - England
Town: Hants
Length: 8m +
Engine: 300hp plus
Join Date: Sep 2007
Posts: 3,072
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Tax code blunders
I have been reading articles recently about tax coding blunders for PAYE coding notices for this coming tax year. Most papers have an article.
Having read one article I checked my papers which arrived yesterday, 4 codings sent to me were all incorrect despite my accountant completing submissions. A follow up to the tax office with accountant today has confirmed that ALL my given PAYE codings were wrong and I would have paid too much in next finance tax year. So despite using an accountant the Tax office still got codings wrong against the correct submissions.
Apparently the tax office are re-coding me so will wait for these notices. As a word of advice to everyone, check your codings and check against examples in recent news articles as it is clear the Tax office has really fouled it up and this is the day after I discovered that fuel duty tax returns I submitted had been lost from submissions in January.
Here is a link to start http://www.moneysavingexpert.com/new...rect-the-error
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17 February 2010, 19:30
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#2
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Member
Country: UK - England
Town: swanwick/hamble
Boat name: stormchaser
Make: custom rib
Length: 8m +
Engine: inboard/diesel
Join Date: Aug 2007
Posts: 3,848
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my girlfriend said, they buggered all the ones who have two incomes up, your accountant should have known about it a long time back, give him a kick up the arse
she said get it sorted or you'll be paying about £100 a month too much
deep joy, living with an accountant
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17 February 2010, 20:50
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#3
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Member
Country: UK - England
Town: Up Norf
Make: Avon SR4,Tremlett 23
Length: 4m +
Engine: Yam 55, Volvo 200
Join Date: Apr 2007
Posts: 5,217
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Apparently the nice people at the Inland Revenue are using a new system which threw out the wrong codes.
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17 February 2010, 21:22
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#4
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Member
Country: Other
Town: Principalite d'Chaos
Boat name: The Nashers Revenge!
Make: Windsor Brothers
Length: 6m +
Engine: Optimax 225
MMSI: "Mmmmm SI" she said!
Join Date: Jan 2004
Posts: 4,924
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It's not just the inland revenue who can muck it up.
Years ago whilst I was being paid a standard monthy wage with no overtime, bonuses, etc, the company I worked for cocked up my Tax payments and I went 2 years paying too little tax each month.
The Tax office caught up with it and I was landed with a £2000 bill.
The Tax office said I should have calculated my tax contribution myself each month to check I was paying the correct amount.
Yeah right, who does that?
My employer said exactly the same thing, and it appears that(at that time, don't know about now) it's the employees responsibility to check they are paying the correct amount of tax each month not your employer.
Luckily I had the ear of some decent people at head office who arranged a bonus for me that year to pay it off, however the local accountant never really did forgive me for going above his head, and my expenses were always queried or delayed after that.
Nasher.
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17 February 2010, 21:45
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#5
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Member
Country: UK - England
Town: Southport
Boat name: Qudos
Make: 5.4 Searider
Length: 5m +
Engine: Yam 115 V4
MMSI: 235068784
Join Date: Sep 2008
Posts: 3,930
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Quote:
Originally Posted by Nasher
... however the local accountant never really did forgive me for going above his head, and my expenses were always queried or delayed after that.
Nasher.
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He should have had an almighty kick up the backside! And then asked you to forgive him!
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19 February 2010, 20:36
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#6
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Member
Country: UK - England
Town: Weymouth
Length: no boat
Join Date: Aug 2005
Posts: 247
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a good way of keeping money in the government coffers!!!!!
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I went alongside the carrier, I survived and didnt even get shot at!!!
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21 February 2010, 08:48
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#7
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RIBnet admin team
Country: UK - England
Town: The wilds of Wiltshire
Boat name: Dominator
Make: SR5.4
Length: 7m +
Engine: Yam 85
MMSI: 235055163
Join Date: Jul 2005
Posts: 13,069
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Yup, they've messed mine up too
Apparently I have 2 jobs-except I haven't worked at one of them for 2 years...
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26 February 2010, 13:52
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#8
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RIBnet supporter
Country: UK - England
Town: Hants
Length: 8m +
Engine: 300hp plus
Join Date: Sep 2007
Posts: 3,072
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Quote:
Originally Posted by Nos4r2
Yup, they've messed mine up too
Apparently I have 2 jobs-except I haven't worked at one of them for 2 years...
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I hope they have sorted yours out, With the stroke of a pen after a telephone call my tax liability has been halved to standard rate 20%, so worth checking, what a cock up by tax offices
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