I was filling in the tax return for my nephew and am not sure where to put this form of income. I know many years ago when it applied to myself and it was a paper return there was an area for "other income". But I can't seem to find it in the online version.
I'll explain what it is....
When he was employed his employer made payments each month to an external holiday fund. I'm sure I've mentioned it on here before because when the holiday pay is made using this fund it is not subject to national insurance (this concession ends in October 2012). When he left this employment there was still money left in this fund. The payments were then made directly into his bank account when the holidays occurred. They had tax deducted by this external company. I know myself (because I keep EVERYTHING) that when they make a payment they have a tax reference. Would I just treat this as another "employment" and quote the tax reference. I'd need to phone up this company to make sure it was the same number today as it was all those years ago - and if not get the up to date reference number.
Or does it go somewhere else on the return?
__________________
Never buy black socks from a normal shop. They shaft you every time.