Self-assessment my arse

Posted by: Tim Jones on 26 January 2004

Woe is me. How the hell was I to know when I got my P60 in May last year that it was one of those....forms I actually needed to keep. And not chuck out in the course of making my flat look habitable.

Now unless I have either the P60, or (and opinion varies on this) my payslip for March 2003 (oh yeah, another thing it was really obvious I should hang on to at the time...), I can't fill in my tax return. So I'm going to be fined £100.

Having spent hours and hours on the phone to various helplines, my current employer, my previous employer, and the local tax office I now feel like a character from 'Brazil'

Does anyone have any bright ideas about how one could find out the amount of income you earned during 02/03 and how much PAYE tax you paid on it?

Tim
Posted on: 26 January 2004 by John C
Tim, happened to me too. I wrote to salaries and wages asking for a copy and they sent me the details a day later (request had to be in writing). As we work for the same type of organisation it should be the same for you.

John
Posted on: 26 January 2004 by Berlin Fritz
Never mind chaps you'll have yer "Freedom of Information Act", in motion soon then the Big Conversation can get even bigger, so long as you've paid your Council tax that is ?

Fritz Von Oscarwildewasnotwrong²

Graham Ricketts
Posted on: 26 January 2004 by matthewr
To be fair the P60 does mostly consist of a large warning about how its really important, difficult to get hold of a duplicate and is requried to fill in your Tax Return. As with the P11D (the benfits one).

I've done mine and they owe me £42 (Hurrah!) and I am considering sending them a letter threatening to charge them £100 if they don't get it to me sharpish.


Annoyingly though I haven't submitted it yet as the software I use (TaxCalc) no longer allows you to do onloine submissions via the free version. Having to pay TaxCalc £20 to get my £42 seems unfair.

Matthew
Posted on: 26 January 2004 by Tim Jones
Matthew -

Are you suggesting I should actually read what it says on Government forms? You sound like my Mum.

Any how in May last year I was an underpaid stoker in the engine rooms of spin, with no way of knowing I would ascend into the realms of my current tax bracket.

AG - says 31.1 here...

Tim
Posted on: 26 January 2004 by matthewr
<Jaw drops at idea of public servants in the higher tax bracket>

We Evil Capitalists don't generate all that Tax Revenue so it can be squandered on Healthcare you know...
Posted on: 26 January 2004 by NB
Tim


Does anyone have any bright ideas about how one could find out the amount of income you earned during 02/03 and how much PAYE tax you paid on it?
______________________________________________________________


Send your Tax Return in before Friday with the employment pages ticked. Send a blank employment page in with the Return.

The Revenue will then return the incomplete Return to you and then must give you a further 14 days to obtain the information. In the meantime obtain the figures from your employer. If you cannot find the figures then keep returning the Retunr to the Inland Revenue without any figures on it stating you have lost the details.

The Revenue will eventually give up returning it to you and enter the figures themselves. They already hold the figures you need on file. The whole sistem is a joke but it works.

By the way doesn't the statement "YOU WILL NEED IT IF YOU NEED TO COMPLETE A TAX RETURN" on your P60 indicate something to you?


Regards


NB
Posted on: 26 January 2004 by NB
By the way I AM P****D OFF WITH TAX RETURNS!!!!!!!!
Posted on: 26 January 2004 by Derek Wright
quote:
We Evil Capitalists don't generate all that Tax Revenue so it can be squandered on Healthcare you know...


I did not think that Tim was involved providing healthcare but was more in the line of harrassing the poor sods that are in the line of providing health care by dumping information on them <g>

Derek

<< >>
Posted on: 26 January 2004 by Tim Jones
NB -

You are clearly Very Great. If I ever become Head of Everything, you will be in line for a gong.

Degsy - Roll Eyes

I also do my bit in defending the 'poor sods' (as you put it) to the likes of the D Mail and trying to make sure the public continue to support the NHS's founding principles. it's a dirty job, but...

Tim
Posted on: 26 January 2004 by MichaelC
A prize for the first person to guess what Alex hates!

Mike
Posted on: 26 January 2004 by MichaelC
A client of mine was presented with a 96 page Tax Return last week - any advances???

Mike

Oh and his wife's return ran for approximately 60 pages.
Posted on: 26 January 2004 by Martin D
alex
me too
martin
Posted on: 27 January 2004 by NB
Quote:-

Hey NB

One word....Taxcalc!

Best, Alex
____________________


It doesn't matter how good the computer package is , if the client is disorganised and doesn't give you all the info!


Regards


NB

PS


I hate them too!
Posted on: 27 January 2004 by NB
One thing I hate more than Tax Returns are the clients that leave it until 3 days before the deadline until they bring them in!

Why oh Why oh Why?
Posted on: 27 January 2004 by NB
Quote:-

A client of mine was presented with a 96 page Tax Return last week - any advances???
______________________________________________________________


No advance on that one but I have just been given 5 years worth of Returns by someone who is a little behind!


Why do clients expect us to perform miracles?



Regards



NB
Posted on: 27 January 2004 by Tim Jones
quote:
Originally posted by NB:
One thing I hate more than Tax Returns are the clients that leave it until 3 days before the deadline until they bring them in!

Why oh Why oh Why?


Yes. Isn't it dreadful when people leave things til the last minute. Eek
Posted on: 27 January 2004 by NB
I have no sympathy Tim Big Grin

Mine was done ages ago, well last week really Wink
Posted on: 27 January 2004 by Steve Toy
I took my Tax Return into my accountant's office in December.

My accountant rang me today to tell me how much I need to pay and how much I have therefore to enter on the blank giro slip that the Inland Revenue have bothered to send me this year, unlike last when I had to use a photocopy.

I owe about 500 quid less tax than I thought.

Smile Smile Smile Smile Smile Smile Smile Smile Smile Smile

Taking Tasha for dinner tonight.



Regards,

Steve.
Posted on: 27 January 2004 by Rasher
I'm still waiting for the bad news.. Frown
Posted on: 27 January 2004 by NB
Rasher,

What your Accountant hasn't already told you how much your Tax bill is?


Regards


NB
Posted on: 27 January 2004 by NB
This makes a change! I am actually sat at a desk without a Tax Return sitting on it!


Regards


NB
Posted on: 27 January 2004 by NB
Alex,

I am seriously thinking of charging a £250 surcharge for Tax Returns brought into my office in January 2005.

What do you think, do you think it would stop then January deadline panic?


Regards


NB
Posted on: 27 January 2004 by NB
Quote:-

I have only got one more to do, and I know that the liability will be zero
_____________________________________________________________

Only one, you lucky B, I have about 20 left to go and I know there are a few more to come in.

I had a corker come in today, see the American Stock OPtion thread! Still she gave me three days to sort it out, how much more time could I possibly want!


Regards

NB
Posted on: 27 January 2004 by MichaelC
quote:
Originally posted by NB:
I am seriously thinking of charging a £250 surcharge for Tax Returns brought into my office in January 2005.

What do you think, do you think it would stop then January deadline panic?


NB

I suspect that they will go elsewhere - there will always be another willing to do the job. I guess it is down to whether or not you wish to retain them as clients.

Mike
Posted on: 27 January 2004 by MichaelC
quote:
Originally posted by alexgerrard:
I have only got one more to do...Enough is enough. There must be more to life.


Sadly Alex there isn't - having completed that last batch of returns it will suddenly dawn upon you that there is all the other work that was temporarily suspended whilst the Tax Returns were being processed - 28 February filing deadlines, the SA Notices of Enquiry (Capital Gains Tax seems to be the flavour for Croydon at the moment) and on it goes.

Who would want to be an accountant?

Cheers

Mike