TK1990

Thank you for the reply, but I’m not sure that link answers my question. If I’m not required to do self assessment, how would I pay tax for any earnings over £100k that may not have been captured through PAYE?

I have a question about Adjusted Net Income. I receive a private medical, dental and EV salary sacrifice benefit from my employer. The EV is there to bring my Adjusted Net Income below the £100k so i can continue to claim the childcare funded hours and tax free childcare from the government. The BIK for these benefits is taxed via payroll and as such the benefits do not get reported to HMRC via P11D. I get an annual benefits summary statement from my employer that shows the Benefits Taxed via payroll (PBIK), which includes the tax I have paid on the benefits for that year, and then the Benefits Reported to HMRC via P11D (not yet taxed), which is always zero. My question is - do I need to add the already paid for BIK value onto my Adjusted Net Income calculation? Or is it already accounted for? Thank you

I was alerted by HMRC that I no longer needed to file a self assesment tax return as of May 2023 as my income is above £100k but falls below the new £150k threshold. How does HMRC collect tax owed due to the erosion of the personal allowance for earnings over £100k? I am not sure if I owe tax for the 23/24 tax year (the year in which i no longer needed to submit a self assesment) and haven't recieved any communication from HMRC. Thank you