HMRC cockups- are they for real?

[sasguru]

Now that I am setting my affairs in order for my semi-retirement, I've started a shell company for occasional consultancy assignments when I feel bored (although this is very much optional - I'm hoping not to get sucked in to work too much ever again).
Anyway get two letters from HMRC - one says you've underpaid us Income tax last year, please pay us X. The 2nd letter says Congratulations, you've over paid tax last year, here's a cheque for 2X. FFS

[OwlHoot]

Now that I am setting my affairs in order for my semi-retirement, I've started a shell company for occasional consultancy assignments when I feel bored (although this is very much optional - I'm hoping not to get sucked in to work too much ever again).
Anyway get two letters from HMRC - one says you've underpaid us Income tax last year, please pay us X. The 2nd letter says Congratulations, you've over paid tax last year, here's a cheque for 2X. FFS

The first letter is for you, and the second for your CUK sockie

HTH

[The Spartan]

Is it any wonder the government is cutting their numbers

[BrilloPad]

Is this consultancy for your work on eco sheds?

[sasguru]

Is this consultancy for your work on eco sheds?

Sadly I don't have my eco shed anymore. However I will be building a new and improved one shortly: this will include bar, pool table, table football, guest accomodation/office/gym space with an integral bathroom

[BrilloPad]

Sadly I don't have my eco shed anymore. However I will be building a new and improved one shortly: this will include bar, pool table, table football, guest accomodation/office/gym space with an integral bathroom

That must be handy for the once a year that andyw comes to stay.

[xoggoth]

I was doing my P11D last minute this morning and was not sure if my sister's subscription to The Society of Authors, which she needs for genuine business reasons, was subject to Class 1 NICs and checked this guidance: http://www.hmrc.gov.uk/guidance/cwg5.pdf

Found a typically fantastic HMRC flowchart that explained it all:

[The Spartan]

Just got off the phone with HRMC it'll take 4 weeks for them to process my P85, how's that for effiency I sent it a week ago

[sasguru]

That must be handy for the once a year that andyw comes to stay.

Perhaps I should start a Humour consultancy for the hard-of-humour and/or laboured of humour, like yourself.

[ThomasSoerensen]

Perhaps I should start a Humour consultancy for the hard-of-humour and/or laboured of humour, like yourself.

I would discourage you from starting anything - anything.

Just stop any activity you are doing at the moment and don't start anything new.