Associate
- Joined
- 1 Nov 2010
- Posts
- 234
? This in no way affects you then
My fiancee has a child and its based on the household not the parent so I have to do a tax return for this.
? This in no way affects you then
No it just means it is assessed based on your means... which it is.
This is the internet, it's not a required stipulation for being angry about something? This in no way affects you then
The tax.What is? Child benefit, or child benefit tax?
The tax.
Anyone is elligible for the benefit, as standard. It only gets withdrawn (ie repaid, as a tax) if you later go over the threshold.
You might be on £120k a year, but get fired in March, at which point you'll only have earned £40k, which is below the limit...
.
TBH, I'm not sure how else they'd gauge it fairly, if your income is not forecastable salary...Tempted to get all pedantic over this even though i understand exactly what you are actually saying....
Same boat here.Just got a letter from HMRC asking me if I should have been paying self-assessment income tax on child benefits my wife and I have been receiving for the past...while.
March is the last full month of the year is all i meant, by march your example would be nearly fully paid.TBH, I'm not sure how else they'd gauge it fairly, if your income is not forecastable salary...
Feel free to get pedantic, though. I'm not a tax accountant, so I'm sure my terminology is inaccurate, but long as you get what I'm saying I'm happy!
Im sorry but this is a very slopey shoulders attitude to take. You are responsible for paying the correct tax to HMRC year on year, nobody else is, just as i am responsible for signing that my tax return has been completed accurately and i would be rightly fined with interest if i misrepresented my position.Same boat here.
The sickening thing is households with nearly double the limit but neither of the parents over the 50k mark don't pay back a penny...Go figure.
Also had a phone call with them to confirm what I needed to pay back, I said ok lets get this sorted, they said, no no we need to double check it, identify a charge, then charge you interest, then send you the bill in a few weeks. I now have to pay extra interest because they cant link their own systems and automatically reduce payments. The levels of failure in HMRC are ridiculous.
Im sorry but this is a very slopey shoulders attitude to take. You are responsible for paying the correct tax to HMRC year on year, nobody else is, just as i am responsible for signing that my tax return has been completed accurately and i would be rightly fined with interest if i misrepresented my position.
It sounds as though they are merely charging interest and not fining you? They'd be within their rights to take it further would they not?
It sounds very reasonable of them to me? to merely charge you interest up until the point at which you called them to resolve? They would be within their rights to fine you on top (with interest) - You are the one who has underpaid your tax, it is your responsibility solely hence the slopey shoulders. I dont think that "oh its not my fault i didnt know" is a defense which they acceptI think you are completely missing the point. I was ready to pay when I phoned them, which was the day I got the letter, highlighting my mistake at overlooking it. It was confirmed I would not be fined as the reasoning was acceptable as honest oversight. I am being charged interest on the amount I owe back in overpaid child benefit from the day I called them, that time delay is their issue, not mine.
I never said I didn't need to pay the money back, so you can take your "slopey shoulders attitude" comment and shove it tidily up your behind.
I think you are completely missing the point. I was ready to pay when I phoned them, which was the day I got the letter, highlighting my mistake at overlooking it. It was confirmed I would not be fined as the reasoning was acceptable as honest oversight. I am being charged interest on the amount I owe back in overpaid child benefit from the day I called them, that time delay is their issue, not mine.
I never said I didn't need to pay the money back, so you can take your "slopey shoulders attitude" comment and shove it tidily up your behind.
I may have misunderstood him (or perhaps you did), i think he is saying that the situation is that they are demanding interest from the date at which it was first due - right until the point that he contacted them. This seems entirely reasonable to me, if anything a light touch.Don't rely on what you've been told yet. Technically you're liable for penalties for failure to notify (which HMRC may well decide not to charge), but the interest is liable from the date is was originally due, not when you were informed.
It sounds very reasonable of them to me? to merely charge you interest up until the point at which you called them to resolve? They would be within their rights to fine you on top (with interest) - You are the one who has underpaid your tax, it is your responsibility solely hence the slopey shoulders. I dont think that "oh its not my fault i didnt know" is a defense which they accept
I may have misunderstood him (or perhaps you did), i think he is saying that the situation is that they are demanding interest from the date at which it was first due - right until the point that he contacted them. This seems entirely reasonable to me, if anything a light touch.
I may have misunderstood him (or perhaps you did), i think he is saying that the situation is that they are demanding interest from the date at which it was first due - right until the point that he contacted them. This seems entirely reasonable to me, if anything a light touch.
I may have misunderstood him (or perhaps you did), i think he is saying that the situation is that they are demanding interest from the date at which it was first due - right until the point that he contacted them. This seems entirely reasonable to me, if anything a light touch.