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Discuss Emergency tax in the Business Related area at ElectriciansForums.net

M

Millwalljoe

Hi iv just got my self a apprentiship with a company and im self employed iv worked my first month on emergency tax and was charged 30% insted of 20% i now have my utr number and will hand into my employer
Im only 16 so new to this stuff my utr number was under the CIS ( construction industry scheme) how do i go about claiming my tax back for that month do i have to wait till febuary?
Thanks for the help
 
Payroll should implement your tax code with the next months pay and that should sort it out - oops missed the SE bit. Yes it will be after the end if the tax year.
 
Last edited by a moderator:
Joe I doubt that in between now and February you will earn over the £10K tax limit. All the tax you pay from now until then will be refundable. Please keep all your receipts for tools, expenses etc for the end of the tax year and get a cheap local accountant to do your books for this year. No point in paying £400 to an accountant to claim a £300 tax rebate!
 
Joe I doubt that in between now and March you will earn over the £10,600 tax free limit. All the tax you pay from now until then will be refundable. Please keep all your receipts for tools, expenses etc for the end of the tax year and get a cheap local accountant to do your books for this year. No point in paying £400 to an accountant to claim a £300 tax rebate!


Corrected that for you
 

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