GW80 Posted December 2, 2011 Report Share Posted December 2, 2011 I have just received my P800 tax form in the post today and am not sure what it means. I have received 4 forms dating back to 2006/2007 tax year. All of them show that i have overpaid tax for each year. Now there is no total amount due on any of the forms just an amount for each year. My question is am i due the total of the 4 forms added together or are they calculated into the amount shown as overpaid for year 2009/2010. I'm not too well up on these matters as i had always been PAYE til this year. Your help would be most welcome. Quote Link to comment Share on other sites More sharing options...
Davyo Posted December 2, 2011 Report Share Posted December 2, 2011 (edited) I have just received my P800 tax form in the post today and am not sure what it means. I have received 4 forms dating back to 2006/2007 tax year. All of them show that i have overpaid tax for each year. Now there is no total amount due on any of the forms just an amount for each year. My question is am i due the total of the 4 forms added together or are they calculated into the amount shown as overpaid for year 2009/2010. I'm not too well up on these matters as i had always been PAYE til this year. Your help would be most welcome. i am a revenue officer and the p800 will be carrying any o/payment or u/payment forward into the next yr to calculate & so on, the last yr calculated will show the computation total for all yrs either due to you(overpayment) or in the worst case senario an u/payment the tollerance for HMRC not to collect an underpayment is 50.00(UNLESS YOU ASK FOR A P800 FOR THAT YR WHERE ONCE THEY ISSUE A P800 THEY HAVE TO COLLECT AN UNDERPAYMENT EVEN IF IT IS UNDER TOLLERANCE & THE SYSTEM STARTS RECOVERY PROCESS AUTOMATICALLY)) A payable order(IN THE CASE OF AN OVERPAYMENT) is then sent about 1 to 3 days after the p800 was issued.You need to allow 14 working days to receive the p/order from date of issue.We do not treat it as missing unless not recieved after the 14th working day Edited December 2, 2011 by Davyo Quote Link to comment Share on other sites More sharing options...
DSPUK Posted December 3, 2011 Report Share Posted December 3, 2011 Davy After reading that I think you must have been ordained to be a Tax officer. -- I went all glassy eyed after first few words. Dave Quote Link to comment Share on other sites More sharing options...
Sussexboy Posted December 3, 2011 Report Share Posted December 3, 2011 I got my P800 a couple of days ago, and this morning received a payment order from HMRC. Happy days, that is one Christmas present paid for! Quote Link to comment Share on other sites More sharing options...
Dibs Posted December 3, 2011 Report Share Posted December 3, 2011 Just has mine as well for 2006 and 2007 with a small bit back. Got the hairs on the back of my neck up when I saw it and thought here we go with a demand before Xmas. Happy days. Does that mean the rest are on the way for 08,09 and 10?? Quote Link to comment Share on other sites More sharing options...
GW80 Posted December 3, 2011 Author Report Share Posted December 3, 2011 Just in the door and cheque in the mail box, happy days a wee christmas bonus i wasn't expecting!! Quote Link to comment Share on other sites More sharing options...
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