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Recent content by notsofun

  1. N

    Can you work out how much you owe based on day rate?

    Thank you so much you have actually been really helpful. That makes sense. My bubble is still a lot happier knowing that its is not £22500 :) which is what the letter was for. And looking into it the exact loan amount is £43K . when you say deduct the PAYE amount, is that the tax due on 15K...
  2. N

    Can you work out how much you owe based on day rate?

    They would not commit to an amount, though said I should use the above calculator, and it comes to over £9K. Cannot believe all this time I thought I owned double what I actually did. At least that makes it somewhat better....
  3. N

    Can you work out how much you owe based on day rate?

    No, my total income for the year was under £80K. No other sources of income. Good to know that I should not be taxed at 50%
  4. N

    Can you work out how much you owe based on day rate?

    So using my example, 325 (day rate) x 225 (45 weeks) = 72150 - 9018 - 15000 = 48,132 and using the calculator here based on 48, 132 w ww.listentotaxman.com - ListenToTaxman Tax Calculator 2016 / 2015 / 2015 UK Salary Calculator / Tax Calculator / Income Tax Calculator. Incorporates PAYE...
  5. N

    Can you work out how much you owe based on day rate?

    looked at the notice and it said Pay, pensions ,profit £44300 @ 50% = the 22K so looks like the loun amount is £44K? Do these loans get taxed at 50%?
  6. N

    Can you work out how much you owe based on day rate?

    Was via white collar, umbrella. I'll have to check the notice I received. How much tax should you pay on the Loan amount? I can probably find the loan amounts.
  7. N

    Can you work out how much you owe based on day rate?

    I should have made it more clear. The £80K was gross based on a day rate of £325 per day. It was not the loan amount.
  8. N

    Can you work out how much you owe based on day rate?

    Hey guys , I earned £80k in 2010-2011 based on my day rate. The discovery leter I got was for £22k . Is this correct ? I never thought to query it as people said the amounts HRMC were sending were about right , but meeting up this weekend with people in the same scheme (WC) their numbers are...
  9. N

    CLSO - DEADLINE 30th JUNE

    Thanks for the replies guys. One last question in relation to the CLSO, i'm going away mid August till end of September, and will not be in the country. What is the best way to deal with the correspondence and the settlement that the HRMC will send? You have to agree by 30th of September...
  10. N

    CLSO - DEADLINE 30th JUNE

    Hey guys, What happens in the situation when the HRMC have not raised an investigation letter for one of the years in question? Does sending in an CLSO allow them to open an investigation for the missing years? I am aware that not everyone got letters for the years in question, some got it...
  11. N

    HMRC enquiries for Schemes through ASMG / White Collar

    Hey mate, what was the 1200 to MYFD for? I thought they operated on a monthly charge.
  12. N

    HMRC enquiries for Schemes through ASMG / White Collar

    hey guys, just trying to catch up with all this. Can I ask what the end of June deadline is? I am not aware of this, I thought the settlement opportunity was till Jan 2015.
  13. N

    HMRC enquiries for Schemes through ASMG / White Collar

    I think he has not been on the forums since 13th of April, that is what his profile says. Can anyone else help?
  14. N

    HMRC enquiries for Schemes through ASMG / White Collar

    Could I also have PM rights please.
  15. N

    HMRC enquiries for Schemes through ASMG / White Collar

    Can I also be added to this list. I tried calling the a few numbers for whitecollar today and got disconnected ringtones, anyone else experience this? Are they moving offices?
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  1. Contracting
    1. General
      1. Brexit
    2. Business / Contracts
      1. Coronavirus Assistance
    3. Accounting / Legal
      1. Umbrella Companies
      2. HMRC Scheme Enquiries
      3. The Future of Contracting
      4. IR35 Reform
    4. Technical
    5. Welcome / FAQs
  2. Social
    1. Light Relief
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