Self Assessment 13/14

[anthony]

Yeah, I've been in contact with my accountant so hopefully they would be able to shed some light on this....

Regarding that UK Tax Calculator - should I add up both P45 values both of Total pay to date and run that figure through it and see if the Tax values add up? or run them as two different "elements"

[anthony]

Is your total income over £100k? If so, then you'll be losing some or all of your personal allowance, which is something that won't have been factored into your PAYE code.

Alternatively, the second employment may have beggared up your tax by not entering the right info from the first P45 or ignoring it.

Without knowing the numbers, impossible to say.

No it's just under the 100k mark. So worst case scenario would be company b has done a royals dog breakfast on my tax etc. would I still have to pay this tax bill and then reclaim it: or would my accountant be able to "do something"?

[BlasterBates]

Yeah, I've been in contact with my accountant so hopefully they would be able to shed some light on this....

Regarding that UK Tax Calculator - should I add up both P45 values both of Total pay to date and run that figure through it and see if the Tax values add up? or run them as two different "elements"

Add them up and enter as one pay to date. The amount of tax should then be the same as in the self-assessment.