The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> VAT, Payroll & Tax -> Additions to personal allowance and tax return
Post Info TOPIC: Additions to personal allowance and tax return
Cheshire


Master Book-keeper

Status: Offline
Posts: 8646
Date:
Additions to personal allowance and tax return
Permalink  

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

__________________

 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
Donna CBK


Senior Member

Status: Offline
Posts: 426
Date:
Permalink  

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

__________________

 

Donna Curling - Complete Book-Keeping Ltd (CBKLtd) - 07939 101900

Payroll & bookkeeping solutions - info@completebookkeeping.co.uk

www.completebookkeeping.co.uk

IAB Training centre - Ringwood

 
Cheshire


Master Book-keeper

Status: Offline
Posts: 8646
Date:
Permalink  

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



__________________

 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

Status: Offline
Posts: 8646
Date:
Permalink  

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

Status: Offline
Posts: 3904
Date:
Permalink  

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.


__________________

John 

 

 

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


Master Book-keeper

Status: Offline
Posts: 8646
Date:
Permalink  

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

Status: Offline
Posts: 8646
Date:
Permalink  

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
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> VAT, Payroll & Tax -> Additions to personal allowance and tax return
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About