HMRC, PAYE and a bit of a rant
Discussion
I am a humble employee who pays tax through the PAYE scheme.
My total BIK for the tax year 2012/2013 was £210.00.
I moved employment in December - but handed in my P45 on the first day and was on the 'right' tax code from my first pay cheque.
Just filled in my Self Assessment for HMRC to deliver the fantastic news that I owe them £3340 to be paid before 31st January 2014.
I have absolutely no objections to paying tax - but it really boils my piss when they take it all up front - then tell me I owe them another 3 grand.
If they are going to f
k it up to that extent then there seems to be no point to PAYE. I might as well withhold everything until end of the year, make some money off they tax I would have paid monthly and then pay the correct amount in one go.
I appreciate that this is a pointless whinge - but it's really riled me that I'm 3k worse off than when I got up this morning.
My total BIK for the tax year 2012/2013 was £210.00.
I moved employment in December - but handed in my P45 on the first day and was on the 'right' tax code from my first pay cheque.
Just filled in my Self Assessment for HMRC to deliver the fantastic news that I owe them £3340 to be paid before 31st January 2014.
I have absolutely no objections to paying tax - but it really boils my piss when they take it all up front - then tell me I owe them another 3 grand.
If they are going to f
k it up to that extent then there seems to be no point to PAYE. I might as well withhold everything until end of the year, make some money off they tax I would have paid monthly and then pay the correct amount in one go.I appreciate that this is a pointless whinge - but it's really riled me that I'm 3k worse off than when I got up this morning.
No - I'm not sure.
However I have filled in all the details for the on-line self assessment - checked, double checked and checked again that I have all the details correct - which I do (for as long as my P60 and P11D are correct) and it comes out that I owe them £3k.
I have no objections paying tax - I'm lucky enough to have a job and a job that is well paid. Although it's not a popular view on PH I don't mind paying tax to support those in society who are less lucky than I am.
However when they have a system that collects tax from source - and see's fit to deduct if before you see it and they still get it wrong to the tune of £3k - that really pisses me off.
ETA - having double checked with an on-line tax calculator HMRC are correct (as you would expect them to be). I'm still annoyed though. Paying an extra £270 a month wouldn't be too bad - but having to fork out the lot in one lump sum is painful..
However I have filled in all the details for the on-line self assessment - checked, double checked and checked again that I have all the details correct - which I do (for as long as my P60 and P11D are correct) and it comes out that I owe them £3k.
I have no objections paying tax - I'm lucky enough to have a job and a job that is well paid. Although it's not a popular view on PH I don't mind paying tax to support those in society who are less lucky than I am.
However when they have a system that collects tax from source - and see's fit to deduct if before you see it and they still get it wrong to the tune of £3k - that really pisses me off.
ETA - having double checked with an on-line tax calculator HMRC are correct (as you would expect them to be). I'm still annoyed though. Paying an extra £270 a month wouldn't be too bad - but having to fork out the lot in one lump sum is painful..
Edited by Mr Gearchange on Monday 13th January 18:01
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