Yes!

  • Yes!

PAYE 2010 – Find an Accountant to help for Free!

Have you received a demand for underpaid tax from HMRC?  If you need assistance to respond to this then don’t despair! Free help is at hand.

A group of qualified volunteer accountants has been established to help those on low incomes affected by the 2010 PAYE underpayments fiasco.

The group aims to provide a tax calculation check as well as general advice and guidance regarding how to handle the HMRC demand for underpaid tax.

The group, set up by Elaine Clark, Managing Director at CheapAccounting.co.uk is made up of accountants who are regular contributors to UK Business Forums where they provide free accounts and tax advice.

UK Business Forums have lent their support to this initiative by providing a dedicated forum for those affected by the issue.

Elaine says

“My view is that the people hit hardest by these demands for underpaid tax will be those who think they have done nothing wrong as their tax is collected via the pay as you earn (PAYE) system.

“In all likelihood these people will never have received a letter from HMRC and the demand will be a great worry.

“I want to offer them a place to get advice and help on this matter and through the UK Business Forums we are able to do just that.”

To contact the group please visit UK Business Forums:

The helpline has now ceased but you can still email checkmypaye@cheapaccounting.co.uk.

Accountants who wish to help can email me at maxine@find-me-an-accountant.com, or checkmypaye@cheapaccounting.co.uk, or leave a comment on this blog, or post a comment at UK Business Forums.

List of Accountant Volunteers

Cheap Accounting, Nationwide

George Hay Accountants, Cambridgeshire

My Accountant Online, Nationwide

Farrant Frost, Wiltshire

Williams Lester, Cardiff

Wellwood Hoyle Associates Ltd, Lancashire

Alpha Business Services Ltd, West Midlands

Related Information

If you get a Tax Calculation you should check that you agree with the information given.  Read the accompanying notes. By the way, HMRC has recently announced they will not pursue amounts owed of less than £300

If you don’t agree with HMRC Calculation you can contact them on 0845 3000 627 and tell them why or you can write to them at the address on the calculation notice.

If the amount owed by you is less than £2000 the amount will be collected automatically through your tax code although you can ask for more time to pay if you need to.

If the amount is more than £2000 HMRC will write to you and ask for a payment to be made directly (not through your tax code).  You can ask to pay in instalments.

You may in some circumstances argue that HMRC had all the information that they needed to calculate your tax correctly and try to persuade HMRC to write off the underpayment.

For more info about this go to www.hmrc.gov.uk/esc/esc.htm.

Credit for part of this article goes to www.citizenadvice.co.uk

Please note that find-me-an-accountant.com is purely facilitating introductions to accountants who may or may not be able or willing to help you. No responsibility is accepted for services after introductions are made.

Your Name (required)

Your Email (required)

Subject

Your Message

Share

Tags: ,

2 Responses to “PAYE 2010 – Find an Accountant to help for Free!”

  1. Farah Teachey Says:

    Accounting and cash flow management are probably some of the most crucial part of every successful organization. I have inhouse accountant, but as well oursource the accounts to 3rd party charter accounting business.

  2. cheap accountant Says:

    I think this group is great idea and everyone should be encouraged to check their tax calculations and not simply rely upon the figures presented.

Leave a Reply

Archives

Maxxy

  • Maxxy Site