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Which tax form?

I know I should pay tax on a matured (in Dec 2002) bond. I have it fixed in my head that it is income tax not capital gains, as there was a life assurance element. Anyway, press says to get a form by Oct 5th if not received already. Is this the full-blooded self assessment thingie, when I am normally on PAYE?

I did ring tax office (but it turned out to be the wrong one, as I'm a temp and it keeps changing). Got the right office and the chappie said I needed form ??? (I'm fairly sure it ended in 7) and offered to put me through to the forms department. Ah well, I thought it wouldn't matter that I hadn't quite caught the number he told me - they would know in a forms department, wouldn't they?! ... the girl didn't know and put me back to the 'experts'. After listening to lots more music, I explained again to a different person, who said she didn't think there was a form for paying extra via PAYE - "people just write in", she said.

I don't like to spend any more time on the office phone - can anyone tell me what form I need and if I can download it. (I don't mind writing a letter if that's what they really want, but I can't believe IR can be that informal!)

Possible problem with PAYE is that, as a temp, I might not be working long enough this tax year to pay it all that way, but I have the wherewithal for a cheque or whatever. All I really want is to avoid the whole self-assessment thing.

Thanks for any help

Reply to
klondyke
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In message , klondyke writes

If there was tax to pay then the LIfeCo will have issued a 'chargeable event' certificate. Did you get one?

Reply to
john boyle

Thanks for both replies - yes, the lifeco didn't call it a certificate but it gave all details and informed me of the amount of the chargeable gain 'to assist in filling in income tax return', (it was the word 'gain' rather than 'event' which made me suddenly wonder whether perhaps it was regarded as a capital gain, in which case I would have less tax to pay, but I reckon that's just wishful thinking) so presumably if I send a copy of that with a covering letter, all will be well?

Would certainly be a relief as the thought of filling in the dreaded self assessment fills me with terror, even though I have a degree in maths. LOL

Thanks again

Reply to
klondyke

If you look at a self assessment form, which you can download from the inland revenue web site

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, you will find that Q12 is the section which you need to fill in. Self assessment isn't anything to be worried about, really. You will probably find that there are only a few boxes to fill in.

Reply to
Terry Harper

Is that right, Doug? Surely if a Self Assessment return needs to be completed, it is necessary for a CEG to be included on that return.

But that begs the question ... if a Self Assessment return needed? Well if one is issued for the Revenue, it must be completed. But if not issued, no need to notify chargeability unless the CEG means more tax actually payable to the Revenue.

Reply to
John

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