What will the Inland Revenue calculate for one?

Aug 03, 2005 5 Replies

It has always been a mystery to me as to what sums the Inland Revenue would perform for one, if one were to submit one's tax return by 30th Sept.. Nothing on the return says "you may stop here, if you wish the revenue to do the rest of the calculation for you".



Anybody have any ideas about this, or even personal experience? ( I'm particularly intersted in the main form and the capital gains one, especially the latter given the imponderability thereof).



Is this a stupid question, by the way?


The calculation being worked out for you is any tax and NIC - not filling in gaps on the return for you by adding and subtracting the boxes. However I believe minor omissions can be corrected without the return being sent back but this is not an excuse not to complete all the boxes.

That's pretty much what I suspected. Hardly seems much point, unless I am not understanding you?

one point would be that they tell you how much to pay. You can use software (including the Revenue's own on-line) to do the calcs and make a payment then find that their calculation of what you owe is different. I have both underpaid and overpaid while using their website, having them do the calulation for you would avoid that (FWIW).

Phil

In message , GPG writes

You only need to fill out the self assessment form if you get it in by

30/9 you don't need to fill out the tax calculation book thingy.

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