I've been sent a self assessment form, but I'm PAYE???

[devnull]

I've no idea why, but HMRC have sent me a notification to complete my self assessment online. I've always been on PAYE since i've ever started working, like most employees, I pay tax every month, which is dealth with by my empoyer.

Are there any obvious reasons why HMRC might ask me to do this? FYI my pay is Sales Compensation based, so varies a bit each month, but not excessively.

I've tried ringing them, but unfortunately as its that time of the year, hold times are massive, so looking for some advice on here.

Thanks!

[devnull]

I see, thanks. The request is for Tax Year 14/15 - whilst I'm a 40% Tax payer, I didn't more than 100k.

[devnull]

Hmm, i'll have to download my P60 for that year, but it *might* be the 100k one, maybe. I did have a larger than usual bonus at the end of the year, but not sure if it pushed me over the threshold, I certainly paid a mega amount of tax that month.

Let's assume it was down to earnings. Are these self assessments to verfiy your earnings vs your P60 to ensure they are correct and tally up, or is there usually an instance that it is likely that HMRC owe me (unlikely!) or I owe them, even though my finance dept will calculate the tax for me?

[devnull]

sidicks said:

devnull said:

I see, thanks. The request is for Tax Year 14/15 - whilst I'm a 40% Tax payer, I didn't more than 100k.

If you're a 40% taxpayer, how have you arranged to pay the extra tax due on your savings?

I am not sure I follow what relevance this has in this instance?