RE: FN-FORUM: [OT] percentages and reductions

date posted 16th August 2003 23:54

Richard Parratt wrote:
>What do they do for 18% anyway? If it's just a case of overpaid PAYE,
>then filling a tax return at the end of the year will get you a refund,
>and once you've got the info together (which you have to do anyway) it
>shouldn't take more than an hour.

They don't do a lot for 18%. I wouldn't have chosen to do it that way if
I'd have realised the offer was still going to charge me 16.2%.

It was a case of overpaid PAYE but I didn't have time to figure out how to
get tax return documents because when I tried to register for doing it
online they told me I needed some code but no one I called seemed to be
able to tell me how to get the code.

[rant]
Basically I thought that the company would have some sort of relationship
with the tax office which meant that they would indeed get the refunds
sorted in 4-6 weeks. Instead it turns out they just send off my documents
and sit on their back sides until I call them up to ask what's going on,
they say they'll call the tax office, sit on their back sides a bit more
til I call asking what's going on again and they say "Oh the tax office
phone number is engaged." [sigh]

The whole thing's doing my head in. I'm going to call the tax office on
Monday to find out if I can sign something to take away the company's
authority over my affairs. It might leave me in hot water with regards to
the fact that I've signed a contract with them but considering they've been
lying to the tax office and treating me badly, well, I'm just fed up and
I'll take the consequences.
[/rant]

The other reason was because I have to do taxes in Australia as well which
I happily do over the internet but I'm yet to get my head completely around
the british system. I need to get an accountant type person, or atleast
have a chat with one. My own business hasn't been running that long and
perhaps my best bet is to go on a short course to get everything explained
to me.


Niina