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P800 demand for tax....Panicking slightly!


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Hi,

 

I hope I have posted in the right forum. I have basically received a demand for £2100 in unpaid income tax from Inland Revenue under their P800 tax calculation. Essentially, I have paid all my tax for 2009-2010 at Basic rate when I should have paid higher rate on about £5000. No real arguments about this except that I pay everything via PAYE.

I think the problem stems from the fact I had three jobs simultaneously so two of them deducted tax at basic rate and the other one used the BR code. My question is: How much of this is my fault? Should I have informed the taxman that I think I am not paying enough tax? For me £2000 is a lot of money to pay back in one go!

 

Any advice would be most appreciated!

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Hi,

 

I hope I have posted in the right forum. I have basically received a demand for £2100 in unpaid income tax from Inland Revenue under their P800 tax calculation. Essentially, I have paid all my tax for 2009-2010 at Basic rate when I should have paid higher rate on about £5000. No real arguments about this except that I pay everything via PAYE.

I think the problem stems from the fact I had three jobs simultaneously so two of them deducted tax at basic rate and the other one used the BR code. My question is: How much of this is my fault? Should I have informed the taxman that I think I am not paying enough tax? For me £2000 is a lot of money to pay back in one go!

 

Any advice would be most appreciated!

 

Any ideas anyone? I am quite stuck at the moment!

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