Hi there ,
Hoping somebody can help me with a query.
I am contracting via an Umbrella company and have been on the same contract for over two years so am not claiming any expenses, but paying tax via PAYE and also NI.
I have received a P800 tax calculation from HMRC and they have advised me that I have underpaid my previous years tax by £1800 (2012/2013). I have checked the annual Gross figures they have quoted against my last P60 from my Umbrella company and the overall sums match.
Not sure why there would be a difference between the tax i've paid and what HMRC think I should pay?
Not sure whether to just accept it and pay up, or question this with my Umbrella company. Is there any advice out there as to what I can do?
Thanks in advance.
Hoping somebody can help me with a query.
I am contracting via an Umbrella company and have been on the same contract for over two years so am not claiming any expenses, but paying tax via PAYE and also NI.
I have received a P800 tax calculation from HMRC and they have advised me that I have underpaid my previous years tax by £1800 (2012/2013). I have checked the annual Gross figures they have quoted against my last P60 from my Umbrella company and the overall sums match.
Not sure why there would be a difference between the tax i've paid and what HMRC think I should pay?
Not sure whether to just accept it and pay up, or question this with my Umbrella company. Is there any advice out there as to what I can do?
Thanks in advance.
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