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Cheshire


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Additions to personal allowance and tax return
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Hi

Looking at a self assessment and wondering how to do this.   First year in S/A due to addition of sole trader income.

Tax code/PA higher than standard allowance....this due to additions relating to job related allowances eg uniform cleaning allowances/prof subs.

Tax deducted on P60 but there appears to be a small shortfall despite the correct tax code showing on it (can only presume at this point this is poss due to wrong tax code being used until later in year).

Software shows tax calculation with only standard personal allowance of £11850 taken off, so actually showing tax owed as even higher.   Need this to show actual tax owed obviously.

How/where to adjust tax return to take into account the 'additions' ie the additional allowances?

 

I am using taxfiler.

If not aware of taxfiler, please advise what box on tax return?

Thanks

 

 

Im seriously losing the plot!!



-- Edited by Cheshire on Sunday 5th of January 2020 06:04:05 PM

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 Joanne 

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Donna CBK


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Sorry Joanne, not used Taxfiler for Personal tax yet, still got mine to do - if I find it I will update you but not scheduled to complete mine until next week

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Cheshire


Master Book-keeper

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Hi Donna That would be a MASSIVE help, thank you! Im banging my head on the wall and its probably soooooo obvious!



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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Cheshire


Master Book-keeper

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OK - fresh eyes after posting at 9.58....I hadnt included the allowance items as expenses in the employment pages, so this resolves part of it.

 

Can I ask someone to run a couple of numbers via whatever tax return software they are using?   Literally just pay from employment, tax taken off (per P60 and the allwances) - I am still getting tax owed, whether done manually or via taxfiler, yet agent line states nothing is o/s from the employment!!!!!

PM me please.  Or let me know on here and if you have PMs allowed I can PM you.

 

THANKS

 



-- Edited by Cheshire on Monday 6th of January 2020 10:33:45 AM

__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Leger


Master Book-keeper

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Hi Joanne
I was going to mention the allowances section last night but just come to comp and I hadn't posted it...doh.
Drop us an email and I'll have a look at the figures you want checking.


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 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
Cheshire


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Ah yes - the allowances section only covers marriage allowance transfer, blindness and married couples!!

I will bung you an email to the admin one. THANK YOU!


__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Cheshire


Master Book-keeper

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Thank you John for running this scenario through your software.....and proving Im not going completely mad.

 

Now I just have the issue of HMRC stating that the payroll is correct, when its obvious they didnt take enough tax under PAYE.  Small amount but an issue.  Any ideas how to sort?

 

Might start a new thread



__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
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