|
samthe
Rank; Private Primate
188 Posts |
Posted - 27/01/2009 : 18:03:19
|
Ring them and tell them it is an actual not an estimate, but I don't think it is going to matter, provided - as you say - the estimate and actual are the same. In effect what is happening is that you are being paid on your 07-08 income. When you come to do the annual declaration (after the end of this tax year) you will give them your 08-09 P60 figure. Then, provided that your 08-09 income was not more than £25,000 above your 07-08 income, the payments you have received will have been correct.
However, if your 08-09 income is above your 07-08 one (even if it is only by a small amount), you need to ring them before the end of March and give them your best estimate for the 08-09 income. If you don't do that, the provisional payments they will make to you from the start of the 09-10 tax year up to the date your annual declaration is done will be wrong, and you will have been overpaid. |
 |
|
anyone advise me please?
Posted - 27/01/2009 : 16:13:21
