Paying tax for upcoming tax year

[AdeleMarie88]

Hey, so paid my first lot of tax this jan, and I am certain I paid way too much, I don't think I filled out my tax return correctly...I busted my gut to save each week, and when I was talking to one of my parents, who picks up about £26,000 per year, I paid nearly as much tax as her. So my question is, can I start filling out my self assessment now, and add to it as the year goes on...and if it is much less than most recent bill will it look suspicious??

[AdeleMarie88]

Just to clarify another point if anyone can help me...I pay rent, £1.,170 per month, what percentage of this can I put through my tax? A CM friend of mine said you can't claim for bedrooms or bathrooms, but only living and kitchen, I got really confused, and I don't think I put through enough! X

[funemnx]

The is information in the Free Resources at the top of the page which should help you out a lot with what you can claim against :thumbsup:

[tulip0803]

Rent is 10% if you work 40 hours a week or a proportion same as council tax.

Did you have to pay some tax on account too? If in a tax year your earnings mean your tax is more than £1000 you have to pay half again on account for the next tax year and the other half by July. Then if you have earnt less you get a rebate and if you have earnt more you pay more IYSWIM

[AdeleMarie88]

Rent is 10% if you work 40 hours a week or a proportion same as council tax. Did you have to pay some tax on account too? If in a tax year your earnings mean your tax is more than £1000 you have to pay half again on account for the next tax year and the other half by July. Then if you have earnt less you get a rebate and if you have earnt more you pay more IYSWIM

Yes that's what I thought, perhaps I didnt over pay after all!

Yes I have to pay again in July! X

[AdeleMarie88]

The is information in the Free Resources at the top of the page which should help you out a lot with what you can claim against :thumbsup:

Thanks xxx

[tulip0803]

Yes that's what I thought, perhaps I didnt over pay after all!

Yes I have to pay again in July! X

Then in Jan you will have already made the two payments for this year 2013/14 so should have nothing or little to pay :thumbsup:. You are paying the tax upfront.

[AdeleMarie88]

Thank you for replies! Xxx

[Chatterbox Childcare]

Thank you for replies! Xxx

but you may need to pay again on account for the following year in Jan 15

[tulip0803]

but you may need to pay again on account for the following year in Jan 15

Oh yeah I forgot that bit!!!:laughing: