Originally posted by MarillionFan
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Reply to: 3% Tax and the Netherlands
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Previously on "3% Tax and the Netherlands"
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Originally posted by norrahe View PostAnd if the payroll is based in NL, you may get hit by cloggy hector if you're not careful. He makes Uk hector seem like a nice guy!
I found out earlier that Hector has changed by Tax Code because of the pension payment I made last year which was an accumulation of 3 years back payments. That resulted in a tidy tax refund via my self assessment as I maxed out my higher rate contributions. I received my cheque back in June.
Having then paid me the money back, the tax office then decided to change my tax code so they could refund me the money again via my PAYE. Completely clueless to the fact I've had my refund, they're now going to allow me to off 45% of (77.5-10) tax back in advance. I will of course, have to pay this in due course when I do my SA, which is due in Jan 2017.
So I could tell them now and not accrue it, or alternatively I could thank them for that fact they've just give me an interest free loan for around 30k until the beginning of 2017.
Who the fook writes their systems???
It's in my favour this time Hector. Lol.Last edited by MarillionFan; 23 October 2015, 18:03.
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Originally posted by MarillionFan View PostFound the issue. Tax office has given me a code of 7750L. Which according to payroll gives me 75k tax free.
Fookin' idiots.
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Originally posted by BrilloPad View PostIsn't 7750L your signing on number?
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Found the issue. Tax office has given me a code of 7750L. Which according to payroll gives me 75k tax free.
Fookin' idiots.
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Given that the top rate of tax in NL is 52%, there may be a bit of a discrepancy.
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Mention your 39/40 record. That is sure to ingratiate them to you...
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3% Tax and the Netherlands
So I got my payslip again this month, and for the second month running I paid just 3% PAYE Tax. I contacted payroll when it first happened and they said my tax code had been changed and that's why.
Again this month, 3% tax.
Is it because payroll is based out of the Netherlands and I'm now in the same boat as Uber or Costa Coffee? Or is it because clientco's payroll team are bloody incompetent.
Last year, I got hit for an extra 8k in back taxes due to their incompetence.
Do you reckon I have a case for getting the company I work for to pay any fines?Tags: None
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