 |
|
 |

|
|
| Author |
Message |
| Pie-Roe |
This post is not being displayed .
|
 Pie-Roe World Chat Champion

Joined: 05 Feb 2007 Karma :  
|
 Posted: 13:57 - 06 Jun 2008 Post subject: Tax, I don't understand? |
 |
|
Hello, quick one from me on tax.
I was recently working for a year at a company, then changed job.
My end of year from that company arrived.
My tax code was 527
I got 5833.63 in the year (not bad for a weekend job )
I paid 289.23 tax.
By my reckoning, and my mum's friends reckoning. It should have been:
I went 563.63 over my free tax limit.
Therefore I should get taxed 20% on that. So thats 112.73
So as I paid 289.23, I *should* get 176.50 back.
Can anyone confirm this? and if so who do I contact? my local tax branch? Or my ex employers local tax branch?
Cheers
pyro ____________________ Previous: GSF600, FZR600 x2, ZXR750, XT600 Tenere, CB125, CZ125, ETZ 250, ER5, CCM R30, DRZ400, RF600x4, RF900x2, GS500, VTR1000F, 640 SMC, CB250 NIGHTHAWK, GT550x3, GPX750 TE610, CB500, X11x2, SV650, ZING 125, TL1000R,CB250 Superdream, CBR1100XX |
|
| Back to top |
|
You must be logged in to rate posts |
|
 |
| psimpson |
This post is not being displayed .
|
 psimpson Nova Slayer
Joined: 06 Jul 2007 Karma :    
|
|
| Back to top |
|
You must be logged in to rate posts |
|
 |
| Itchy |
This post is not being displayed .
|
 Itchy Super Spammer

Joined: 07 Apr 2005 Karma :     
|
 Posted: 16:02 - 06 Jun 2008 Post subject: |
 |
|
no you should get it all back , come October there is a election bribe temporary + £600 in the personal allowance.
Thus you should have no tax to pay , however check your NI contributions if that particular year counts if you intend to retire in the UK that is. ____________________ Spain 2008France 2007Big one 2009 We all die. The goal isn't to live forever, the goal is to create something that will. In the end, your life will flash before your eyes. Make sure it is worth watching. |
|
| Back to top |
|
You must be logged in to rate posts |
|
 |
| yambabe |
This post is not being displayed .
|
 yambabe World Chat Champion

Joined: 12 Jul 2004 Karma :    
|
 Posted: 00:21 - 07 Jun 2008 Post subject: |
 |
|
What date did you start to work for that company, and did you have any taxable earnings from anywhere before that?
Looks like you are indeed due a rebate if that was your only earnings from April to April, and more than you think because last year the 10% starting rate was still in place for the first £2150 so that is what you should have been taxed at. (Itchy consider yourself slapped for getting that wrong!)
Also any idea why your tax code was 527 when the basic last year was 522? That will also figure in the calculation.............. ____________________ Sod falling in love, I wanna fall in chocolate.  |
|
| Back to top |
|
You must be logged in to rate posts |
|
 |
| Pie-Roe |
This post is not being displayed .
|
 Pie-Roe World Chat Champion

Joined: 05 Feb 2007 Karma :  
|
 Posted: 07:52 - 07 Jun 2008 Post subject: |
 |
|
I'm only 17. Didn't have any taxable earnings for that year no. Only the year before. I filled out one of those forms to say it was my only job and I was in full time education, if that did it.
Pyro ____________________ Previous: GSF600, FZR600 x2, ZXR750, XT600 Tenere, CB125, CZ125, ETZ 250, ER5, CCM R30, DRZ400, RF600x4, RF900x2, GS500, VTR1000F, 640 SMC, CB250 NIGHTHAWK, GT550x3, GPX750 TE610, CB500, X11x2, SV650, ZING 125, TL1000R,CB250 Superdream, CBR1100XX |
|
| Back to top |
|
You must be logged in to rate posts |
|
 |
| Pie-Roe |
This post is not being displayed .
|
 Pie-Roe World Chat Champion

Joined: 05 Feb 2007 Karma :  
|
 Posted: 22:32 - 27 Jul 2008 Post subject: |
 |
|
I never did get around to claiming this, how do I do so?
And I've lost the document that says this stuff
Do I need it?
Pyro ____________________ Previous: GSF600, FZR600 x2, ZXR750, XT600 Tenere, CB125, CZ125, ETZ 250, ER5, CCM R30, DRZ400, RF600x4, RF900x2, GS500, VTR1000F, 640 SMC, CB250 NIGHTHAWK, GT550x3, GPX750 TE610, CB500, X11x2, SV650, ZING 125, TL1000R,CB250 Superdream, CBR1100XX |
|
| Back to top |
|
You must be logged in to rate posts |
|
 |
| carvell |
This post is not being displayed .
|
 carvell Scuttler

Joined: 05 Sep 2003 Karma :  
|
|
| Back to top |
|
You must be logged in to rate posts |
|
 |
Old Thread Alert!
The last post was made 18 years, 80 days ago. Instead of replying here, would creating a new thread be more useful? |
 |
|
|
This page may contain affiliate links, which means we may earn a small commission if a visitor clicks through and makes a purchase. By clicking on an affiliate link, you accept that third-party cookies will be set.

|
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum You cannot attach files in this forum You cannot download files in this forum
|
Read the Terms of Use! - Powered by phpBB © phpBB Group
Debug Mode: ON - Server: birks (www) - Page Generation Time: 0.11 Sec - Server Load: 0.86 - MySQL Queries: 17 - Page Size: 55.65 Kb
|