Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Fri, 19 Jul 2024 05:38:24 GMT by Val Khodakova
Hello. If my payslip says "Tax Paid -125.20" and then the same amount is paid to me, does it count as income? Can I use this as income when calculating my total earnings in a period? Thank you.
Posted Mon, 22 Jul 2024 14:53:47 GMT by HMRC Admin 17 Response

Hi ,
 
The minus sign indicates that this tax has been refunded to yourself, this amount is already included in your gross earnings.

You do not add it as an additional income.

It is not an additional payment, it is a refund of overpaid tax on the income you have earned.

Thank you .

You must be signed in to post in this forum.