George Williams

How will this be treated if this retrospective action makes my past adjusted net income increase past the threshold for High Income Child Benefit Charge or past the threshold for abatement of the personal allowance?

I will be receiving a back payment under the McCloud Judgement of my public Service Pension in three parts: A. A correction to my tax free lump sum B. Back payment to correct underpaid pension C. Interest on the back payment. Parts B and C are being taxed at my marginal rate before payment to me (equivalent to a D0 tax code). Do I need to declare any part of this payment on my SATR?

Thank you but they specifically cannot talk about the tax implications of the McCloud judgement. Is there a better contact?

Hello I am a member of a public pension scheme and I am affected by the McCloud Judgement. As such I am due back pay of my pension which will be delivered as a lump sum plus interest minus my tax rate (40% in my case). How is this income treated for the purposes of Adjusted Net Income which is used in the eligibility for The High Income Child Benefit Tax Charge and for the abatement of the personal allowance for incomes about £100,000? The back pay is for the last 5 years but is all coming in one go in this tax year.

Thank you. I contacted both my company and HMRC and the tax code has now been corrected to exclude the car. Thank you for the reply

I use salary sacrifice for financing my car lease. The BIK tax is payrolled (we no longer get P11D). However, my tax code has been adjusted to include the BIK tax. Is this not taxing me twice for the same thing?

When looking at my "Your PAYE income tax summary" on the HMRC App or website, it underreports both my income and income tax as it excludes what I pay through my pension which I am in receipt of. Why is this excluded here but included when I look at my income elsewhere in the app (eg "annual tax summary"). It should be the same.

Thank, that's very clear. It's just a shame there's so much "advice" on here,on other posts, which doesn't seem to get that distinction correct.

I am trying to calculate my adjusted net income. However, despite reviewing the regulations and HMRC guidance I find there are two versions of the calculation. Firstly at: https://www.gov.uk/guidance/adjusted-net-income It does not mention adding employer pension contributions to the total. However at: https://www.gov.uk/guidance/pension-schemes-work-out-your-tapered-annual-allowance It states you must add your employer pension contributions. Are these 2 different net incomes? 1. As an example if my salary were £100,000 gross (assuming zero personal pension contributions) and my employer made pension contribution of £20,000, is my adjusted net income for the purpose of personal allowance £100k or £120k? And for tapered allowance is my net income £100k or £120k? 2. I receive a £1000 dividend (inside dividend allowance). Is this included in my adjusted net income in either case? (Personal allowance or tapered allowance calculation)? 3. Can I see my adjusted net income calculation from previous tax years?