HMRC’s tax calculations - warning, may contain errors!
Bernard Merchant • September 24, 2018
HMRC may well have got your tax calculations wrong - please check!!
HMRC has recently sent out its tax calculation Forms P800 and PA302 for 2017/18. According to reports, a higher than usual number of these contain errors. If you’ve received a tax calculation what should you be checking?
If you’ve submitted a self-assessment for 2017/18 and receive a PA302 or P800, you need to ask HMRC to cancel one. Check all figures against your records but pay special attention to interest, dividends and rental income, plus outgoings for pension contributions and job expenses, as all these are likely to be estimated.Call Marden and Co on 01737851761 for help.
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