You are staying the obvious but I cannot arrive at £7.777.
I am happy and sure the guy has now paid the correct tax
Am amazed it took HMRC only 14 days to pay the refund
In contrast I have just done a tax LOSS claim against total income of previous year and the refund took 4 months.
I cannot get to the precise figure of £7,777. That's all.
The 55 year old was very generous to me giving me £1,000 for writing to his pension company and completing the form to clawback the £3500 Tax. His phillipine girlfriend is very lucky.
My answers
I have read your article on Amazon and truly enjoyed it.
Thank you all for the discussion. It was very amusing.
Matter closed
It's very simple my friend.
Taxable amount £21,000
Tax deducted £7.777
Refund £3577
I gave no pension advice.
The guy lives with his mom and has other substantive funds. I think the man must be in love.
You are staying the obvious but I cannot arrive at £7.777.
I am happy and sure the guy has now paid the correct tax
Am amazed it took HMRC only 14 days to pay the refund
In contrast I have just done a tax LOSS claim against total income of previous year and the refund took 4 months.
I just cannot get to the figure of £7,777.
Of course the pension provider would decuct tax on the 75% of the lump sum payable.
I cannot get to the precise figure of £7,777. That's all.
The 55 year old was very generous to me giving me £1,000 for writing to his pension company and completing the form to clawback the £3500 Tax. His phillipine girlfriend is very lucky.
I agree with you Baz. YOU espouse fiscal wisdom with coherent articulation