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Thread: p a y e new real time rules from April 2013

  1. #11
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    I suppose the big boys might struggle to do this but the smaller amongst us can make up any shortfall with a check and sort the paper work next run.

    They tell me even a mistake in the name can lead to the whole thing grinding to a halt.

  2. #12
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    Quote Originally Posted by dico View Post
    does that mean you get more money or you lose more money. i get a end of year tax return and ive been paye for 6 yrs but still have to fill one in
    Dico,if your paye,why do you have to fill out tax returns. Unless yur holding a utr number

  3. #13
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    i had a utr number fred in early 2007 as i was self employed for part of that year i rang them and said i was paye but they still send the forms and we fill them in on line normally get a little back from paye. then they ask for it back a month later last 1 i got was £235 then they sent leter back month later saying i owed them £65 why give it to you in the first place lol!!!
    harp stays sharpe to the bottom of the glass!! if you can remember that your old too

  4. The Following User Says Thank You to dico For This Useful Post:

    frederik (18th March 2013)

  5. #14
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    Might be worth giving them a call to clarify.,tell em your not self employed any more.I didnt think you could make claims if yur paye.
    I had it in reverse,was on paye for 6 months,then got collared for extra. They bang you for late returns and £10 a day till returns are sent in.

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    dico (18th March 2013)

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    yeah you can make a claim fred as long as you dont take the p!ss may ring them this year thou as you say shouldnt need to mate. you owe them money fred there straight on it. they owe you money fred dont hold your breath. that p50 tax forms a joke aswell was out the other month so put in for a tax rebate 3 times they sent it back there fooking useless the inland revenue. you owe them money and they dont get it the baliff putting petrol in hes car for a visit!!!
    harp stays sharpe to the bottom of the glass!! if you can remember that your old too

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    aom (18th March 2013), frederik (18th March 2013)

  9. #16
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    BT has posted a few times now Frederik, you can claim against PAYE just as much as self employed, the main difference being you won't have spent much books in so most don't need to claim.

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    frederik (18th March 2013)

  11. #17
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    The Tax man wants to know your total earnings for any tax year.

    This can include PAYE,self employed,unearned income,interest on savings or investments.

    from your total income he will deduct your "personel allowance" plus all your expenses claimed,within the guidelines.

    he will arrive at a nett figure and you will pay income tax at the rate set for that tax year.
    Rigger

    What life this if full of care,
    we have no time to stand and stare ?

  12. #18
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    Quote Originally Posted by Rigger View Post
    The Tax man wants to know your total earnings for any tax year.

    This can include PAYE,self employed,unearned income,interest on savings or investments.

    from your total income he will deduct your "personel allowance" plus all your expenses claimed,within the guidelines.

    he will arrive at a nett figure and you will pay income tax at the rate set for that tax year.
    do you still get a personal allowance even though your self employed?

  13. #19
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    YES

    Your Personel allowances and rates of tax are the same however you earn your money
    Last edited by Rigger; 18th March 2013 at 09:51 PM. Reason: clarification
    Rigger

    What life this if full of care,
    we have no time to stand and stare ?

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    gunslinger757 (19th March 2013)

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