when can we get our P60

[jane2009]

Hiya,
Anyone knows when can we get our P60? and when is the best time to call HM revenue to claim tax refund?

thank you

[Arthur Little]

Jane ... Form P60 is generally obtainable from one's employer at the end of each tax year [April 5]. Please note, however, that - in order to prevent fraud - duplicates are NOT available. But, in the event of the original being lost, then employers are, of course, able to provide a letter containing the appropriate details for reference purposes.

Therefore, I imagine the best time to call the Inland Revenue would be as soon as you have the relevant information needed (as indicated above) to entitle you to claim any refund.

[Terpe]

The P60's for the 2012-2013 tax year must be issued by the employer by 31st May 2013

You can write to HMRC at anytime if you believe your tax code is incorrect and/or that you have paid too much tax.
At this time of year (End-of-Year) I would suggest waiting until all the End of Year submissions have been made by your employer.
The Employer Annual Return P35 and all P14's (P60's) must be submitted to HMRC by 19th May 2013

So best to wait until you get your P60
You need to request that they calculate you tax liabilities and compare with their records.
Normally this is computed automatically and any money underpaid or overpaid is notified to you by letter.

At this time of year NEVER respond to text messages or e-mails claiming to be from HMRC. It will be a scam.
HMRC will send only formal letter.

[Arthur Little]

At this time of year NEVER respond to text messages or e-mails claiming to be from HMRC. It will be a scam.
HMRC will send only formal letter.

, Peter! Actually, MY reply had been based on the fact that I'd received mine (P60, that is) at the end of March.

[Terpe]

, Peter! Actually, MY reply had been based on the fact that I'd received mine (P60, that is) at the end of March.

Was that from a pension provider Arthur?
I had one of those as well

[Arthur Little]

Was that from a pension provider Arthur?

That's right, yes ... ... I meant to mention that.

[jane2009]

Thank you everyone! I got a feeling I have overpaid the tax this year. lol ...well the thing is starting from last april until December I got two jobs one of this is agency which I only work 30hours from April to December because I did a lot of overtime in my permanent job.I did resign my agency last December but I do notice they haven't change m tax code...thats the reason I want to call hmrevenue to ask do you think it is alright?

Cheers

[Terpe]

Thank you everyone! I got a feeling I have overpaid the tax this year. lol ...well the thing is starting from last april until December I got two jobs one of this is agency which I only work 30hours from April to December because I did a lot of overtime in my permanent job.I did resign my agency last December but I do notice they haven't change m tax code...thats the reason I want to call hmrevenue to ask do you think it is alright?

Cheers

Jane,
I have no idea whether you have paid the correct tax or not. As I said if you want to have it checked and you're not sure how to do it just send a letter to HMRC request they check for you.

It's interesting that you mentioned having two jobs though. Normally if you have more that one source of income you will be issued with a corresponding number of tax codes via a 'PAYE Coding Notice' for each source.

Your tax code tells each employer the tax allowances you get.

Your Personal Allowance is essentially your tax code, means your amount of tax-free pay.

Usually if you have a 'main job' where tax is paid and then you take up another job you'll receive another tax code at 'BR code'
This means that you pay basic rate tax on all your income from this second employer.

Here's the crunch, if you did not receive any second tax coding for your other job and yet were deducted tax in line with your existing only tax code, then instead of overpaying the tax you could have actually UNDERPAID tax. Means you may owe money to HMRC.
It's important you check back on your payslips and look at the tax code(s) that have been applied.
You should not normally expect to see the same code from each employer. (except under specific 'splitting' circumstances)

Tax-free payments (codings) may be split between different sources. HMRC will always try to accommodate any special requirements you may have.

Please do check you payslips tax codes and come back with any further questions

[jane2009]

Jane,
I have no idea whether you have paid the correct tax or not. As I said if you want to have it checked and you're not sure how to do it just send a letter to HMRC request they check for you.

It's interesting that you mentioned having two jobs though. Normally if you have more that one source of income you will be issued with a corresponding number of tax codes via a 'PAYE Coding Notice' for each source.

Your tax code tells each employer the tax allowances you get.

Your Personal Allowance is essentially your tax code, means your amount of tax-free pay.

Usually if you have a 'main job' where tax is paid and then you take up another job you'll receive another tax code at 'BR code'
This means that you pay basic rate tax on all your income from this second employer.

Here's the crunch, if you did not receive any second tax coding for your other job and yet were deducted tax in line with your existing only tax code, then instead of overpaying the tax you could have actually UNDERPAID tax. Means you may owe money to HMRC.
It's important you check back on your payslips and look at the tax code(s) that have been applied.
You should not normally expect to see the same code from each employer. (except under specific 'splitting' circumstances)

Tax-free payments (codings) may be split between different sources. HMRC will always try to accommodate any special requirements you may have.

Please do check you payslips tax codes and come back with any further questions

Hi Sir,
They split may tax code into two since i got two job...but since april to december I only worked 30 hours on my second job...and I resign last december but they haven't change my tax code since december to march as I only got one Job until now...Last year I also got two Job and got £500 tax return and I can't just remember when did I called them...cheers

[Terpe]

Hi Sir,
They split may tax code into two since i got two job...but since april to december I only worked 30 hours on my second job...and I resign last december but they haven't change my tax code since december to march as I only got one Job until now...Last year I also got two Job and got £500 tax return and I can't just remember when did I called them...cheers

Ok we're getting somewhere now.
So you had the two jobs and your tax code representing the free-pay allowance was split accordingly.
Now when you quit one of those jobs did either you or HMRC take any action to accurately regularise the existing tax code?
If not why not?
Presumably the tax code covers your salary.

Tax codes reflect YOUR personal tax free allowance. They only change IF and WHEN your personal allowance changes.
You haven't given any reason why your tax code (tax free allowance) should be changed.
The only reason to change your tax code is to amalgamate the previous two codes into one.

Now if your existing job is operating under the same code as when it was originally split into two codes AND you are paying tax, then yes you are overpaying.

Unless you contact HMRC they will probably 'code out' the overpayment during 2013-2014 tax period unless it's a significant amount.

You really must follow up with HMRC to have your total tax-free allowance allocated to a single code with your employer.
When you quit your second job, the employer should really have issued you with a form P45
HMRC should also have been issued with one and this ideally should have prompted them to re-allocate the code.

[jane2009]

Ok we're getting somewhere now.
So you had the two jobs and your tax code representing the free-pay allowance was split accordingly.
Now when you quit one of those jobs did either you or HMRC take any action to accurately regularise the existing tax code?
If not why not?
Presumably the tax code covers your salary.

Tax codes reflect YOUR personal tax free allowance. They only change IF and WHEN your personal allowance changes.
You haven't given any reason why your tax code (tax free allowance) should be changed.
The only reason to change your tax code is to amalgamate the previous two codes into one.

Now if your existing job is operating under the same code as when it was originally split into two codes AND you are paying tax, then yes you are overpaying.

Unless you contact HMRC they will probably 'code out' the overpayment during 2013-2014 tax period unless it's a significant amount.

You really must follow up with HMRC to have your total tax-free allowance allocated to a single code with your employer.
When you quit your second job, the employer should really have issued you with a form P45
HMRC should also have been issued with one and this ideally should have prompted them to re-allocate the code.

Yes Sir Terpe I got my p45 from previous...And yes my existing employer still using originally the split code that is why i got a doubt i overpaid...