PAYE Tax Refund

[vnadgir]

Hi,

I have been trying to calculate the taxes and NI that I need to pay as part of a contract under a Umbrella Company last year.

I was working as a contractor and my payroll was being processed by an Umbrella Company who were charging me 10% for their services. However, paying the employers NI was in my part of this equation.

My hourly rate was 12 GBP with a weekly commitment of 37.5 hours making a Gross Total of 450 per week. However, the Umbrella Company used to run monthly payrolls and hence I am left with the following payslips for the months from december 2008 to March 2009

Date              Gross Sal   NI         PAYE-TAX   NET-Sal
31/12/2008     3240.00    306.57   547.20        2386.23
31/01/2009     1065.00      67.21   112.20         885.59
28/02/2009     1620.00    128.37   223.20        1268.43
31/03/2009     1202.00      82.61  139.60          979.79

I was hoping if someone could advise me if I am owed a Tax and NI return.

I would really appreciate any help that I could get.

Thanks and Regards,
M

 

[Jaykay]

The tax is calculated on your total income for the year. Did you have a job before December 08 and what were the P45 figures?

 

[vnadgir]

No, I came to the country in July and this was my first job that year till April of 2009.

I believe that I am owed a refund in the vicinity of about 1000 pounds, but would like to confirm from a more learned source.

Thanks again.

 

[elaine@cheapaccounting]

Very quick calc based on above and assuming full personal allowance for year:

gross £7127

PA £6475

Subject to tax at 20% = £652

Tax £130.40

Tax paid £1022.20

So assuming no other income rebate is £892 (approx and loads of caveats!! - like me reading the figures correctly because they are not lined up well!)

 

[vnadgir]

Thanks,

You are very right in your assumptions that full PA is utilised for these earnings alone as they were my only earnings for the year.

I am sorry I couldnt do a better job at aligning them as I cant post a MS-XL type table in this forum.

What are the other caveats you talked about??? How can I claim the taxes back?

On the p60 for the year, it says

Pay = 7127.00
Tax Deducted = 1022.20
Final Tax Code of 603L M1

If that is of any help.

I didnt have a NI Number at that time and hence the NI number field is Blank, but NI has been deducted.

Thanks again,
M

 

[elaine@cheapaccounting]

How to claim back:

http://www.hmrc.gov.uk/incometax/overpaid-thro-job.htm

 

[billy buntin]

i am getting the feeling that the employer has made a cock up here, u said the tax code was 603L m1. and u didnt have a job before dec. did the employer get you to complete a P46 when you started? if so what statement did you tick? if it was statement A the employer should of had you on a cumulative code and not m1, and you wudnt have paid tax in the 1st place. if they didnt get u to complete a p46, they should have put u on a BR code. this is the think i hate, folk are quick to knock hmrc employees, but there are sooooooooo many times that it is actually the EMPLOYER that is wrong!!!!

 

[E Storey]

Thanks,

You are very right in your assumptions that full PA is utilised for these earnings alone as they were my only earnings for the year.

I am sorry I couldnt do a better job at aligning them as I cant post a MS-XL type table in this forum.

What are the other caveats you talked about??? How can I claim the taxes back?

On the p60 for the year, it says

Pay = 7127.00
Tax Deducted = 1022.20
Final Tax Code of 603L M1

If that is of any help.

I didnt have a NI Number at that time and hence the NI number field is Blank, but NI has been deducted.

Thanks again,
M

You should write a letter to your local tax office listing each of the jobs above (include the company name). Then ask them for a refund.

Simples!