Why won't the tax bill be coded out - using HMRC software

Why won't the tax bill be coded out - using...

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Am helping someone by checking their TR. Logged on to their user name etc.

The tax for 14/15 is, suspiciously!, £2,993.

I/we have "entered YES" so that this is collected via 16/17 PAYE.

But one runs the Tax calc it says £2,993 to pay Jan 16. I have tried to fudge the numbers to see if any different but same result won't be coded out.

When I view the TR (which doesn't look much like a TR to me!!!) - the HMRC software version I mean - there is nothing in the section about underpaid tax, ie not even NOT ENTERED.

Any thoughts anyone? Unless someone can offer advice the choice appears to be get my friend to call HMRC which will mean a LONG time on phone as I can't use agent line, or file it myself using proper software?

Thank you

Replies (8)

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By HeavyMetalMike
23rd Dec 2015 11:39

Oh yes, the lady is on mat leave so HMRC might say she can't code it from 16/17. But surely HMRC software isn't that clever???

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By The Innkeeper
23rd Dec 2015 11:43

The question to ask

how much does the individual earn under PAYE. If the earnings are low then it might not be possible

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By HeavyMetalMike
23rd Dec 2015 11:44

180000!

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Replying to Paul Crowley:
Red Leader
By Red Leader
23rd Dec 2015 11:49

avinalarf

HeavyMetalMike wrote:

180000!

She should be paying you!

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RLI
By lionofludesch
23rd Dec 2015 11:48

Owing

It always shows up as owing until approved by HMRC.

Go back after Christmas.  Or maybe later.

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Replying to New To Accountancy:
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By HeavyMetalMike
23rd Dec 2015 11:56

So you say take a punt and file it (I won't be pushing the buttons.).

Even though software - the calc - says all due Jan 16?

A bit risky for me..

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Replying to Doru 1:
RLI
By lionofludesch
23rd Dec 2015 11:59

Risky ?

HeavyMetalMike wrote:

So you say take a punt and file it (I won't be pushing the buttons.).

Even though software - the calc - says all due Jan 16?

A bit risky for me..

It's 1.66667% of her earnings.  And it's just a timing difference, not extra tax.

How much of a risk can it be ?

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By Marion Hayes
23rd Dec 2015 12:16

Maximum underpayment

If there is already an underpayment in next years code number, and the total is £3,000 or more, you will not be able to code out anyway.

Submitting return is not a risk. If you are happy the figures are right you have no choice but to file before 30th December. You then have till April to get next years code right.

I believe coding out is the default position and you have to opt out in order to pay so do as recommended.

 

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