PAYE but owe HMRC
Discussion
I've got a 500 quid tax bill to be paid at the end of this month for the 24/25 tax year.
I was in a full time job paying PAYE until June this year. I've not worked since.
Is it worth trying to contact my former employer and complaining to them/speak to HMRC, or just pay up and hope that it's sorted at the end of this tax year.
Cheers
I was in a full time job paying PAYE until June this year. I've not worked since.
Is it worth trying to contact my former employer and complaining to them/speak to HMRC, or just pay up and hope that it's sorted at the end of this tax year.
Cheers
croyde said:
I've got a 500 quid tax bill to be paid at the end of this month for the 24/25 tax year.
I was in a full time job paying PAYE until June this year. I've not worked since.
Is it worth trying to contact my former employer and complaining to them/speak to HMRC, or just pay up and hope that it's sorted at the end of this tax year.
Cheers
Did you get any bonuses or one-off payments in March 2025 (that can sometimes throw the PAYE calculations out). Alternatively did you get any benefits through work which weren't taxed (eg PHI, company car etc)? these get reported on p11d and are usually collected via an adjustment to your tax code.I was in a full time job paying PAYE until June this year. I've not worked since.
Is it worth trying to contact my former employer and complaining to them/speak to HMRC, or just pay up and hope that it's sorted at the end of this tax year.
Cheers
Unless you had some form of BIK where an error arose or perhaps income from say savings or other unearned income which may be more likely , giving up your job this tax year shouldn't have impacted that coding for the previous year.
HMRC will be expecting that payment ( normally its by 31/01 ) so doing nothing will mean they will start to add interest.
HMRC will be expecting that payment ( normally its by 31/01 ) so doing nothing will mean they will start to add interest.
croyde said:
Cheers all. Yes, I suspect my health insurance supplied by my employer is the reason. It was a much higher cost in 24/25 than previously.
So I presume this extra payment would have been taken through an adjusted tax code if I had carried on working.
Yup - won't mean necessarily that the ultimate tax paid /due for the year 25/26 will be correct as it stands either but that's a year away to worry about !So I presume this extra payment would have been taken through an adjusted tax code if I had carried on working.
Fwiw one of my Adult children is still having BIK issues with an old tax year ( also for health insurance ) but that's because his previous employer screwed up.
Without wanting to start a new thread is there any way to contact HMRC by email?
Did my SA:
Initially £1,300 due back and they do it via my PAYE.
2 months later they delete my pension payments and I owe £6k
I resubmit my SA with the pension payments added and I owe £1.5k
My self assessment portal says I owe the £1.5k by end of month (that's fine, can pay), but the main landing page still has the £6k, due in February but relating to the same period (with my pension payments again absent from the system). I am over the taper in the year, but have plenty of carry forward which they don't seem to recognise.
Did my SA:
Initially £1,300 due back and they do it via my PAYE.
2 months later they delete my pension payments and I owe £6k
I resubmit my SA with the pension payments added and I owe £1.5k
My self assessment portal says I owe the £1.5k by end of month (that's fine, can pay), but the main landing page still has the £6k, due in February but relating to the same period (with my pension payments again absent from the system). I am over the taper in the year, but have plenty of carry forward which they don't seem to recognise.
PAYE is a method of collecting the majority of individuals tax, however it is not fool proof & tax remains the responsibility of the individual.
Two employees on same wage ar same work can have different tax codes - employers are not told the reason for a code so don’t know if it is “correct” - note however individuals are told how their tax codes is made up & are advised to tell HMRC of any changes. Changes with bank interest / charitable giving / subscriptions etc all can affect an individual tax beyond what the employer is aware of.
Two employees on same wage ar same work can have different tax codes - employers are not told the reason for a code so don’t know if it is “correct” - note however individuals are told how their tax codes is made up & are advised to tell HMRC of any changes. Changes with bank interest / charitable giving / subscriptions etc all can affect an individual tax beyond what the employer is aware of.
Greenmantle said:
Panamax said:
croyde said:
I was in a full time job paying PAYE until June this year. I've not worked since.
Savings income?Dividend income?
State pension?
Savings income!
Sold the house as the mortgage was becoming unpayable thanks to interest rises.
Eversince I've had a little cash (majority went to ex) the interest rate keeps going down
kiethton said:
Without wanting to start a new thread is there any way to contact HMRC by email?
If there is I've never found it.The only time I have received an email and hence had the ability to communicate via was following an email to their CEO who then passed it ( as I suggested ) to one of his complaints team to look into.
When resolved and she had then moved on I tried to use it again on a similar topic ( LPA issues ) but not receivable.
croyde said:
Greenmantle said:
Panamax said:
croyde said:
I was in a full time job paying PAYE until June this year. I've not worked since.
Savings income?Dividend income?
State pension?
Savings income!
Sold the house as the mortgage was becoming unpayable thanks to interest rises.
Eversince I've had a little cash (majority went to ex) the interest rate keeps going down
If you’re a basic rate taxpayer anything over £1000 interest is taxable (if not in an ISA)
Banks, building societies tell HMRC directly how much interest you’ve received
funinhounslow said:
How much?
If you re a basic rate taxpayer anything over £1000 interest is taxable (if not in an ISA)
Banks, building societies tell HMRC directly how much interest you ve received
Croyde says "little cash" - he'd need about £20k for the whole year in order to get £1k interest. If you re a basic rate taxpayer anything over £1000 interest is taxable (if not in an ISA)
Banks, building societies tell HMRC directly how much interest you ve received
p.s. I think the
was meant to be sarcasticCountdown said:
funinhounslow said:
How much?
If you re a basic rate taxpayer anything over £1000 interest is taxable (if not in an ISA)
Banks, building societies tell HMRC directly how much interest you ve received
Croyde says "little cash" - he'd need about £20k for the whole year in order to get £1k interest. If you re a basic rate taxpayer anything over £1000 interest is taxable (if not in an ISA)
Banks, building societies tell HMRC directly how much interest you ve received
p.s. I think the
was meant to be sarcasticGassing Station | Finance | Top of Page | What's New | My Stuff