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A guide to our HMRC Tax Calculation & Tax Year Overview requirements
FOR INTERMEDIARY USE ONLY A guide to our HMRC Tax Calculation & Tax Year Overview requirements Online HMRC Tax Calculation Online HMRC Tax Year overview HMRC Contact Centre SA302 Self Assessment Tax Calculation Commercial Software Tax HMRC postal SA302 Tax Year Overview Calculation Self Assessment Tax
Online HMRC Tax Calculation LOGO 2Ms A N Other’s tax return: 2016-17 IN PROGRESS Your tax return is 100% complete Unique Taxpayer Reference (UTR): 123456789103 6. View your calculation Tax calculation This section provides you with a breakdown of your full calculation. If it says your tax return is 100% complete then you have submitted your return and this is a copy of the information held on your official online Self assessment tax account with HM Revenue and Customs. Pay from employment £33.254.00 Pay from all employments £33,254.00 Profit from all self-employment £46,800.00 Interest (covered by Personal Savings Allowance) £249.00 UK pensions and state benefits £5,004.00 Total income received £85,307.00 minus Payments into a retirement annuity contract etc. £3.00 Personal Allowance £11.000.00 Total £11,003.00 Total income on which tax is due £74,055.00 How we have worked out your income tax Your basic rate limit has been increased by £1.00 to £32,001.00 for pension payments etc. This reduces the amount of income charged to higher rates of tax. _____________________________________________ Amount Percentage Total _____________________________________________ Pay, pensions, profit et c £32,001.00 @ 20% £6,400.20 £42,054.00 @ 40% £16,821.60 Interest received from bank of building societ y etc. £0.00 @ 10% £0.00 £0.00 @ 20% £0.00 £249.00 @ 40% £99.60 Total income on which tax has been char ged £75,864.00 Income Tax char ged £23,221.80 plus Class 4 National Insurance contributions £36,836.00 @ 9% £3,315.24 £1,800.00 @ 2% £36.00 Total Class 4 National Insurance contributions due £3,351.24 plus High Income Child Benefit Charge £4,539.00 plus State Pension lump sum payment £1.00 @ 40% £0.40 6 1 of 2 01/05/2017 14:02 All figures used are for illustrative purposes only All figures used are for illustrative purposes only Without supplying all requested proofs your case can’t progress to Case Assessment stage. Nationwide Building Society, Nationwide House, Pipers Way, Swindon, Wiltshire, SN38 1NW. Correct at time of going to print. F1062 (2FWREHU 2017)
Commercial Software Tax Calculation This can only be accepted in conjunction with the HMRC Online Tax Year overview Self Assessment - Tax Calculation Name XXX 2 Tax Reference Address XXX 11111111111111111 Tax Calculation for 2016 - 17 (year ended 5 April 2017) Income received (before tax taken off) Pay from all employments £19,458.00 Profit from partnerships £2,142.00 Interest received from UK banks and building societies £50.00 Total Income received £26,526.00 minus Personal allowanc e £11,000.00 Total income on which tax is due £15476.00 How I worked out your Income Tax Pay, pensions, profit et c £10,600.00 @ 20% £2,120.00 Interest received from bank of building societ y etc. £50 @ 0% = £0.00 Dividends from companies etc. @ 0% = £0 Income Tax charged £17,086.00 minus 10% tax credits on dividends from UK companies (not repay able) £487.60 Income Tax due after dividend tax credits £2,120.00 plus Total pension savings charges (£2,985 minus tax treated as paid £0) £2,984.60 Income Tax due £5104.60 minus Tax deducted From all employments, UK pensions and state benefits -£2,003.80 Interest received from UK banks and building societies £10.00 Total tax deducted £3,100.80 Total Income Tax due £17,086.00 plus Capital Gains Tax Taxable capital gain 4 £18,000.00 £10,400.00 @ 18% £1,872.00 £7,600.00 @ 28% £2,128.00 £4,000.00 Capital Gains Tax due £4,000.00 Income and Capital Gains Tax due £7,100.80 1 of 2 01/05/2017 14:02 This is an example of a All figures used are for illustrative purposes only All figures used are for illustrative purposes only commercial software tax Without supplying all requested proofs your case can’t progress to calculation. There are several Case Assessment stage. other versions, but they must include the same information. Nationwide Building Society, Nationwide House, Pipers Way, Swindon, Wiltshire, SN38 1NW. Correct at time of going to print. F1062 (2FWREHU 2017) Nationwide Building Society, Nationwide House, Pipers Way, Swindon, Wiltshire, SN38 1NW. Correct at time of going to print. F1062 (October 2017)
Online HMRC Tax Year overview 1 LOGO Home Cymraeg Contact HMRC Help Sign out Information as at 01 May 2017 2 Ms A N Other Unique Taxpayer Reference (UTR): 12345678910 Tax years Tax year overview Please select the appropriate tax year you wish to view a summary for from the drop-down menu and click ‘Go’. 05 Apr 2017 Go Tax year ending: You can also view tax returns due/received by following Tax return options. Tax year ending 05 Apr 2017. This is a copy of the information held on your official online Self Assessment tax account with HM Revenue and Customs. Print your tax year overview Please note: To view a breakdown of an amount, follow the appropriate link in the ‘Description’ column. Description Amount (£) 4 Tax 16,140.60 Surcharges 0.00 Interest 0.00 Penalties 0.00 Sub total 16,140.60 Less payments for this year 15,059.40 Less other adjustments 0.00 Total 1,081.20 5 1 of 2 01/05/2017 14:02 All figures used are for illustrative purposes only All figures used are for illustrative purposes only Without supplying all requested proofs your case can’t progress to Case Assessment stage. Nationwide Building Society, Nationwide House, Pipers Way, Swindon, Wiltshire, SN38 1NW. Correct at time of going to print. F1062 (2FWREHU 2017)
HMRC postal SA302 Self Assessment Tax Calculation 1 LOGO Self Assessment: Tax Calculation 205077:000000000001:001 UTR 12345 6780 MRA SOMEONE NNO AA112233A 1 ANYTOWN ROAD Date 01 May 2017 ANYTOWN Issued by: ANYWHERE HM REVENUE & CUSTOMS AN1 9GG ANY OFFICE ANYTOWN ANYWHERE AN1 3YY Telephone 12345 6789101 Issue No: 2017/001 Tax Calculation for 2016/17 (year ended 5 April 2017) Thank you for your tax return. We enclose our tax calculation based on the amounts shown in your tax return. Our calculation shows the tax due under Self Assessment for 2016/17 is £15,065.78, payable in three amounts: 1st payment on account £6,298.22 due by 31 January 2017 2nd payment on account £6,298.22 due by 31 July 2017 Balancing payment £2,469.34 due by 31 January 2018 We also calculate the payments on account towards your tax bill for 2017/18 are: 1st payment on account £7,532.89 due by 31 January 2018 2nd payment on account £7,532.89 due by 31 July 2018 If your income for 2015-16 has gone down you can ask to reduce these payments on account. Find form SA303 Self Assessment claim to reduce your payments on acc ount at gov.uk/understand-self-assessment-statement/change-your-payments-on-account Please note the total amount due by 31 January 2018 is £10,002.23. We will add this amount to your SA300 Self Assessment Statement. The above figures do not take into account any payments you may have made towards amounts due on these dat es, or any other amounts which may be outstanding or becoming due. You will receive an SA300 Self Assessment Statement nearer the due date telling you how much t o pay. Please note we charge interest and penalties on payments made after a due date. You can find out how to pay us at gov.uk/pay-self-assessment-tax-bill If you are registered for Self Assessment Online, log in at online.hmrc.gov.uk and use the ‘View acc ount’ pages to see what you owe. This tax calculation is based on figures in your tax return, before it has been checked. It is not our confirmation that your return is complete or correct. If, at a later date, your return is found to be incorrect, your tax calculation will be amended accordingly. The amount of Student Loan repayments included in this calculation will be reported to Student Loans C ompany and credited to your Student Loan account. We have sent a copy of this notice and calculation to your agent. We will write to you and your agent again if we have any questions about your tax return. Please let us know if there is anything you do not agree with or do not understand in our calculation. Our telephone number is shown above. 5 SA302 Page 1 HMRC 06/13 All figures used are for illustrative purposes only All figures used are for illustrative purposes only Without supplying all requested proofs your case can’t progress to Case Assessment stage. Nationwide Building Society, Nationwide House, Pipers Way, Swindon, Wiltshire, SN38 1NW. Correct at time of going to print. F1062 2FWREHU
HMRC postal SA302 Self Assessment Tax Calculation Self Assessment: Tax Calculation 205077:0000000001:001 UTR 12345 67890 MR A SOMEONE NNO AA112233A Date 01 May 2017 Tax Calculation for 2016 - 17 (year ended 5 April 2017) Income received (before tax taken off) Pay from all employments £33,254 Profit from self-employment £46,800 Interest received from UK banks and building societies £2,464 Total Income received £82,518 minus Personal allowanc e -£11,000 minus Savings Allowance -£500 Total income on which tax is due £71,018 How I worked out your Income Tax Pay, pensions, profit et c £32,000 @ 20% = £6,400.00 £37,054 @ 40% = £14,821.60 Interest received from bank of building societ y etc. £0 @ 10% = £0.00 £1,964 @ 40% = £785.60 Total income on which tax has been charged ----------------- £71,018 Income Tax charged £22,007.20 plus Class 4 National Insurance contributions £36,836 @ 9% = £3,315.24 £1,800 @ 2% = £36 Total Class 4 National Insurance contributions due £3,351.24 plus High Income Child Benefit Charge £5,000.00 Income Tax and Class 4 National Insurance contributions £30,358.44 minus Tax deducted From all employments, UK pensions and state benefits £5,029.80 CIS vouchers and profits £10,421.00 Interest received from UK banks and building societies £524.9 Total tax deducted £15,450.80 Income Tax and Class 4 National Insurance contributions due £14,907.64 Page 3 All figures used are for illustrative purposes only All figures used are for illustrative purposes only Without supplying all requested proofs your case can’t progress to Case Assessment stage. Nationwide Building Society, Nationwide House, Pipers Way, Swindon, Wiltshire, SN38 1NW. Correct at time of going to print. F1062 2FWREHU
HMRC Contact Centre SA302 Self Assessment Tax Calculation LOGO Ref: 9230176036 2 Year: 2017 OUID: 240601 3 Name: Ms A N Other _______________________________________________________________________________________________ Tax Calculation for 2016 - 17 (year ended 5 April 2017) Income received (before tax taken off) Pay from UK Land and propert y £ 4,376.60 Interest received from UK banks and building societies £ 48.00 Dividends from UK companies (plus 10% tax cr edits) £ 950.00 UK pensions and state benefits £ 46,376.60 £ 60,376.60 Total Income received £ minus Personal allowanc e 11,000 Total income on which tax is due £ 49,376.60 How I have worked out your Income Tax Pay, pensions, profit etc. £ XX,XXX.XX @ 20% = £ XX,XXX.XX £ XX,XXX.XX @ 40% = £ XX,XXX.XX Interest received from a bank or building society etc. £ XX,XXX.XX @ 10% = £ XX,XXX.XX £ XX,XXX.XX @ 20% = £ XX,XXX.XX £ XX,XXX.XX @ 40% = £ XX,XXX.XX Dividends from companies et c. £ XX,XXX.XX @ 10% = £ XX,XXX.XX Pay, pensions, profit et c. £ XX,XXX.XX @ 32.6% = £ XX,XXX.XX Total Income on which tax has been char ged. £ XX,XXX.XX Income Tax charged £ XX,XXX.XX minus 10% tax credits on dividends from UK companies (not repa yable) £ XX,XXX.XX Income Tax due after dividend tax credits £ XX,XXX.XX minus Tax deducted From all employments, UK pensions and state benefits £ XX,XXX.XX Interest received from UK banks and building societies £ XX,XXX.XX Total tax deducted £ XX,XXX.XX Total Income Tax due £ XX,XXX.XX SA302 Page 1 of 1 Printed 01/05/2017 All figures used are for illustrative purposes only Without supplying all requested proofs your case can’t progress to Case Assessment stage. All figures used are for illustrative purposes only Nationwide Building Society, Nationwide House, Pipers Way, Swindon, Wiltshire, SN38 1NW. Correct at time of going to print. F1062 2FWREHU
Tax Year Overview LOGO Help Close Information as at 01 May 2017 Ms A N Other 3 2 Unique Taxpayer Reference (UTR): 12345678910 Tax years Self Assessment Tax year overview Select taxpayer Please select the appropriate tax year you wish to view a summary for from the drop-down menu At a glance and click ‘Go’. About you 05 Apr 2017 Go Ask a question Tax year ending: View account You can also view tax returns due/received by following Tax return options. Tax years Tax year ending 05 Apr 2017. 4 Surcharges This is a copy of the information held on your official online Self Assessment tax account with HM Interest Revenue and Customs. If you want to print this information for your records, use the print facility Penalties on your browser. Payments/Credits received Please note: To view a breakdown of an amount, follow the appropriate link in the ‘Description’ column. Repayments Tax return options Description Amount (£) Reduce payments on account Tax 16,140.60 Request a repayment Surcharges 0.00 View statement Interest 0.00 Penalties 0.00 FAQs Sub total 16,140.60 Business help and Less payments for this year 15,059.40 educationemails Less other adjustments 0.00 Total 1,081.20 SA302 Page 1 of 1 Printed 01/05/2017 All figures used are for illustrative purposes only All figures used are for illustrative purposes only Without supplying all requested proofs your case can’t progress to Case Assessment stage. Nationwide Building Society, Nationwide House, Pipers Way, Swindon, Wiltshire, SN38 1NW. Correct at time of going to print. F1062 2FWREHU
