Tax - TSR guide and questions thread
Discussion about all the financial aspects of life - from bank accounts, overdrafts and budgeting to tax, savings and investments. For discussion about student loans, grants, and bursaries please use the Student Financial Support subforum.
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Re: Tax - TSR guide and questions thread
I don't know if this is the right thread, but maybe someone can help me out.
I am completing my SAAS application and I don't know which option should I choose. I live in Romania and hopefully I'll study at Glasgow Caledonian Uni.
My course start date is 10 september 2012.
Have you been / expect to be, ordinarily resident in Scotland on 01 August 2012*
Yes No
Have you been / do you expect to be, ordinarily resident in the UK (and Islands) continuously since 01 August 2009*
Yes No
So, what should I choose at these two answers?
Thank you.
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Re: Tax - TSR guide and questions threadThis may be helpful, but if not I'd suggest that you post a separate thread in the Student Financial Support sub-forum: http://www.hmrc.gov.uk/cnr/simple-gu...-residence.pdf(Original post by remuskittles)
I don't know if this is the right thread, but maybe someone can help me out.
I am completing my SAAS application and I don't know which option should I choose. I live in Romania and hopefully I'll study at Glasgow Caledonian Uni.
My course start date is 10 september 2012.
Have you been / expect to be, ordinarily resident in Scotland on 01 August 2012*
Yes No
Have you been / do you expect to be, ordinarily resident in the UK (and Islands) continuously since 01 August 2009*
Yes No
So, what should I choose at these two answers?
Thank you.
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Re: Will I get taxed?
No, you shouldn't be taxed, just make sure you get a proper tax code and not an emergency one. If it's your first job or for some other reason you don't have a P45, you'll need to complete a P46. You can earn up to £8105 per year without paying tax. You might pay some national insurance if you earn more than £146 a week in any one week (for example over the summer if you do extra hours) but they'll be fairly minimal. See:
http://www.hmrc.gov.uk/incometax/personal-allow.htm for tax personal allowances
and http://www.hmrc.gov.uk/ni/intro/basics.htm for National Insurance -
Re: Will I get taxed?HMRC do not deduct your tax, your employer deducts tax on their behalf and it is them you should take it up with. Phoning HMRC will achieve very little. If the OP was being taxed, she should take it up with her employer/HR, check her tax code and probably complete a P46 (since that's the likely reason). Once your tax code is updated correctly, you will automatically receive the tax back in your pay slip and there is no need to "reclaim it" unless the tax year has finished.(Original post by Aack)
You may well be taxed, in which case you would need to claim it back.
If you've just started the job, ring HMRC and tell them not to tax you as you won't earn more than the tax threshold.
Personal allowance is over £7k iirc. -
Re: Will I get taxed?Well, my numerous experiences with the advice I gave would beg to differ(Original post by Pkysam)
HMRC do not deduct your tax, your employer deducts tax on their behalf and it is them you should take it up with. Phoning HMRC will achieve very little. If the OP was being taxed, she should take it up with her employer/HR, check her tax code and probably complete a P46 (since that's the likely reason). Once your tax code is updated correctly, you will automatically receive the tax back in your pay slip and there is no need to "reclaim it" unless the tax year has finished.
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Re: Will I get taxed?Despite AAck's "numerous experiences" he is still incorrect. Employers make deductions through PAYE, which they then pay to HMRC. HMRC do not, as he suggests, have access to every employers payroll system in the country, that would be a logistical nightmare. What would you do if you were a small shop? Phone HMRC and give them your computer passwords? I am not sure how you think this could possibly work. If employers use an incorrect tax code, they will make the wrong deductions. Once they correct your tax code this will then be rectified. I'm not sure who he phones at HMRC, but I can assure you they will only suggest what I have done.(Original post by chocolate buttons)
Thanks for the replies.
I filled out a P46 when I started my job.
I am due to get paid on Friday so I'll see what happens....
Short answer, you shouldn't be taxed, but if you are just check your tax code. If it's an emergency code (http://www.hmrc.gov.uk/incometax/emergency-code.htm) then speak with your employer. Sometimes it takes a month or two for them to sort it out, but don't panic, once it's sorted you'll get all the money back automatically through PAYE.Last edited by Pkysam; 08-05-2012 at 15:55. -
Re: Will I get taxed?(Original post by Pkysam)
HMRC do not deduct your tax, your employer deducts tax on their behalf and it is them you should take it up with. Phoning HMRC will achieve very little. If the OP was being taxed, she should take it up with her employer/HR, check her tax code and probably complete a P46 (since that's the likely reason). Once your tax code is updated correctly, you will automatically receive the tax back in your pay slip and there is no need to "reclaim it" unless the tax year has finished.HMRC are able to adjust tax codes (by issuing a revised coding notice), but so can employers if they receive a correctly completed form P46.
Let's not make this into unhelpful argument please, guys.
£8,105 now, for 2011/12.(Original post by Aack)
Personal allowance is over £7k iirc.Last edited by Illusionary; 08-05-2012 at 15:57. -
Re: Tax - TSR guide and questions threadOkay thank you :-)(Original post by Illusionary)
Check with your employer whether they've processed your form P46 yet; if they haven't, find out when they will do as you should get a refund via the payroll system at that point. -
Re: Tax - TSR guide and questions threadActually, one more point - is the tax code shown on your payslip "BR", or something else? If different, what is it?(Original post by chocolate buttons)
Okay thank you :-) -
Re: Tax - TSR guide and questions threadYes it is BR(Original post by Illusionary)
Actually, one more point - is the tax code shown on your payslip "BR", or something else? If different, what is it? -
Re: Tax - TSR guide and questions thread(Original post by chocolate buttons)
Yes it is BR
Go with what I said above then.
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Re: Tax - TSR guide and questions thread
How long does it generally take the government to give tax back?
I was put on emergency tax for a temporary job at christmas which took about £70, but I get up to £8000 annual tax-free so seeing as I only got paid around £300 I should be getting the tax back. I wrote to the tax office and they wrote back saying they will look into it. Just wondering how long this is going to take? I definitely should receive the money back and it would really be useful to get back soon for universities savings. I have new job now, just working saturdays, who I think are also taking tax incorrectly (haven't been able to see a payslip yet - the website made errors) if I correct them, is it possible they will repay all the tax I am owed? -
Re: Tax - TSR guide and questions threadThat will depend on their current workload - there's no harm to a call to follow up if you can get through. Have you completed a form P46 for your new employer? Not doing so is likely to be the reason why you're being taxed incorrectly, if indeed you are. If you've not yet completed one, do so now.(Original post by MissBlueskys)
How long does it generally take the government to give tax back?
I was put on emergency tax for a temporary job at christmas which took about £70, but I get up to £8000 annual tax-free so seeing as I only got paid around £300 I should be getting the tax back. I wrote to the tax office and they wrote back saying they will look into it. Just wondering how long this is going to take? I definitely should receive the money back and it would really be useful to get back soon for universities savings. I have new job now, just working saturdays, who I think are also taking tax incorrectly (haven't been able to see a payslip yet - the website made errors) if I correct them, is it possible they will repay all the tax I am owed?