Tax Credits P60 vs PAYE Anytime

djfattony2000 · 2013-02-15 10:28:03

Hi just a quick one for you. Am I right in saying that the sum of the "Gross relief Due" of my "Claimed Tax Credits" on PAYE Anytime should equal the tax credit figure on my P60? Theres a large difference between the two over the last 4 years. The credits on the p60 are much lower. I submitted a p21 balancing for each…

15-02-2013 11:28AM

#1

djfattony2000

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Hi just a quick one for you.

Am I right in saying that the sum of the "Gross relief Due" of my "Claimed Tax Credits" on PAYE Anytime should equal the tax credit figure on my P60?

Theres a large difference between the two over the last 4 years. The credits on the p60 are much lower.

I submitted a p21 balancing for each year, will this be taken into account in that calculation?

Thanks in advance.

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#2 15-02-2013 12:01PM

Citizenpain

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Are you paying enough tax to utilise all your credits?

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#3 15-02-2013 12:03PM

djfattony2000

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I would have thought so. I'd be in the upper tax band.

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#4 15-02-2013 12:27PM

Citizenpain

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Are you married & jointly assessed? - I am ; so PAYE Anytime show both mine and my wifes TaxCredits
My P60 shows only those allocated to me

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#5 15-02-2013 02:43PM

djfattony2000

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No Im solo.

Strange, Ill see what comes of it.

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