I have a 2010-11 P800 for a taxpayer who has income in excess of 150k.
They have given him a personal allowance.
They have taxed all income above basic rate at 40%.
They have given him a refund.
My tax software has taken his PA away, and taxed at 40% and 50%.
I've double checked the tax rates for that year and yes, no PA and additional rate 50% applies.
I calculate tax due.
Has anyone else had HMRC make such a calculation? Is there anything I can do other than upset the client and give him the bad news?