Reply to: Self Assessment when working through an umbrella company

[Andy Hallett]

Andy, stop sending me mails for 25K perm Project Coordinators ya little git!!

Just doing what our customers want.

Getting some spam for gigs isn't exactly going to kill you is it and one day that spam might result in you getting a gig. I would rather be spammed than completely passed over for a gig.

[TykeMerc]

As people have said it sounds right you need to fill in a Self assessment form.

Fortunately they've considerably improved the form and the information notes over the years they've been issuing them so filling one in is pretty trivial these days.
Your umbrella company will have the info and can (should) be easily able to answer any questions you have in regards to the employment with them.

[ASB]

Both

To add a few words. I think op will need to fill in two employment pages. One contains the figures from the myco employment, which sounds like nil. The other from the brolly, which sounds like the income from that.

It is all clearly explained in the help notes. Summat like "fill in one page for each employment held during the year"

[northernladyuk]

Andy, stop sending me mails for 25K perm Project Coordinators ya little git!!

It's cruel, isn't it?

[Jessica@WhiteFieldTax]

Thought so. Since my ltd company hadn't been dissolved until december 2013, they still require a self assessment form filled

Question:
from april 2013 to april 2014 i was working under the umbrella system so if they DO require a form filled in, should i submit tax figures from the umbrella system or the ZERO figures from my ltd company (since i stopped trading in nov 2012)

thanks

Both

[Joeb359]

lol, sorry clare, i think you've pretty much answered my question

just phone HMRC and ask if they still require it.

[Joeb359]

Thought so. Since my ltd company hadn't been dissolved until december 2013, they still require a self assessment form filled

Question:
from april 2013 to april 2014 i was working under the umbrella system so if they DO require a form filled in, should i submit tax figures from the umbrella system or the ZERO figures from my ltd company (since i stopped trading in nov 2012)

thanks

[Clare@InTouch]

thanks to everyone for their help.

Think i may have found the reason.
I used to have a LTD company which stopped trading in November 2012 but only today did i find out that the company was actually dissolved in December 2013. so im guessing this explains why HMRC have sent me the self assessment letter?
i telephoned my old accountants and found out this information today (they are offering to help me fill out the self assessment form but for 120+ VAT)


do you guys still think i should phone up the HMRC and confirm why they've sent it or does the above pretty much confirm everything.
i could telephone them and mention i wasn't trading throughout the 2013/2014 tax period and see what they say? (perhaps get my accountants to confirm this via an email or something)

Thanks

If you were a director then you'd need a return, so that explains it.

If you had no income apart from PAYE during that period you could still try calling HMRC to check they want a return though, they may say No.

[Joeb359]

thanks to everyone for their help.

Think i may have found the reason.
I used to have a LTD company which stopped trading in November 2012 but only today did i find out that the company was actually dissolved in December 2013. so im guessing this explains why HMRC have sent me the self assessment letter?
i telephoned my old accountants and found out this information today (they are offering to help me fill out the self assessment form but for 120+ VAT)


do you guys still think i should phone up the HMRC and confirm why they've sent it or does the above pretty much confirm everything.
i could telephone them and mention i wasn't trading throughout the 2013/2014 tax period and see what they say? (perhaps get my accountants to confirm this via an email or something)

Thanks

[LisaContractorUmbrella]

If you are working through a proper PAYE umbrella company who have deducted tax and NIC's on all your earnings (not just a small part with the rest in loans or similar) and you don't earn more than £100,000 per year or have income from another source then it's unlikely that you would have to fill out a SA tax return. HMRC do make mistakes so it's worth giving them a quick call and asking why it has been sent to you. Otherwise your umbrella company will be able to provide you with details of your earnings and tax paid for the financial year.

[ASB]

this is the thing, NONE of the criteria applies to me.


not even the 40% tax grade. strange

None of the criteria as listed on their website? Or none similar. They think you need one. You dont. Its easy to fill in. If your only income is from the brolly it is trivial.

but when you ring them they may tell you not to worry. Make sure you get a call reference and ask for written confirmation.

[Clare@InTouch]

i see, so all the tax figures ill need for the form will be available in either a p60 or p45. i thought it might be more complicated than that,.

i just find it strange im having to fill one out.

It may just be random - call HMRC to explain, and they may cancel the request.

If not, it can be easy enough to complete yourself via the HMRC Gateway. Just make sure you have your P60, P11D and bank interest details to hand and that should cover the most common entries.

Your umbrella may be able to recommend an accountant if you prefer, and you should be looking at no more than around £150 for a basic tax return (and even that's higher end, if it's a simple return).

[northernladuk]

In that case,

HM Revenue & Customs: Do you need to complete a tax return?

Andy, stop sending me mails for 25K perm Project Coordinators ya little git!!

[Andy Hallett]

this is the thing, NONE of the criteria applies to me.


not even the 40% tax grade. strange

In that case,

HM Revenue & Customs: Do you need to complete a tax return?

[northernladuk]

this is the thing, NONE of the criteria applies to me.


not even the 40% tax grade. strange

That's not because your money is held offshore and is just loaned to you is it?