Andrew Mann Keytime
Member Since: 4th Mar 2010
Payroll Manager Sleigh & Story
25th Apr 2016
I'm afraid you have us at a disadvantage there - my educated guess (as a former Revenue employee of 11 years or so) would be that in a case of additional tax due they'll pursue it all until they process the claim and in the case of a refund due they'll withhold the whole amount until they process the claim. (Cynical, moi?)
And as for how and when they'll confirm the claim, well I'm sure we'll read all about it on here very shortly....
12th Apr 2016
new Class 2 set up
Petestar1969 - In answer to point 1 I would hope that no-one was still paying the weekly charge, after all HMRC did promise to stop all DD collections....
if you find anyone who did there is no mechanism on the return as it currently stands for alerting HMRC to this beyond the white space notes....
.I'm sure it can be resolved in no time at all though (laughs like a drain...)
Djames - which software are you using or are you using HMRCs own site?
New ACA - yes you are right that as things currently stand for those who are ONLY employed you don't need to add any NIC information.
20th Jan 2016
Sorry, that's my typo - the article should say from 6 April 2015. However interest will only be paid gross if the person can verify that they will not exceed the £15500 limit (or £16000 in 2016/17). It's not an universal exemption to all account holders.
12th May 2015
yes, found apologies, no idea where that extra 1/2% came from.....maybe it's a premonition of things to come. :)
27th Feb 2015
In response to the above I can only say -
Marion, yes that is an oversight on my part.
I have read the last Budget in full as a punishment...
David, we were only really highlighting the new claim system for those on PAYE.
Presumably the self-employed will need to make a claim on a 2016 tax return.
(But they could of course make a claim to reduce POA in advance of that....something else to consider for those of you in practice)
20th Nov 2014
John - you are of course correct about the headline grabbing but if you see a voucher from The British Land Company plc (which was what set this train of thought in motion) you would have to be paying very close attention indeed not to file it along with all your other standard dividend vouchers in your plastic (insert supermarket of choice) bag for your agent...
It shows shareholding, gross dividend, tax deducted and net dividend payable prominently whilst the PID and tax rate are in pretty small print in one corner.
17th Jun 2014
Thanks for reminding us about that oversight on my part....at the end of the day our message is that everyone needs to be very alert indeed before we get to October....
11th Feb 2014
I would say that this would not be covered since the wording in the documentation is "you can claim the Employment Allowance if you are a business" and a hobby presumably is not a business.
However, nothing to be lost by asking HMRC to make a ruling here....you can let us all know the result if you do. :)
7th Jan 2014
And presumably there is no such thing as a "rogue" registered accountant........... :)
25th Oct 2013
oh no she won't...oh yes she will....goes on for a few minutes in this vein.
You are of course perfectly correct....