RichardD1

If anyone else looks at this thread in the future, I figured it out. It is all sources of income, excluding employment benefits, minus £22,015 (the threshold), minus pension contributions and gift aid; all multiplied by 9%.

Hello, I've just completed my first Self Assessment, and I'm not sure how it's calculated the Student Loan figure. Could anyone clarify please? I'm on a Plan 1 Student Loan. I have several sources of income: Main job + benefits Part-time job (less than £5k/yr) Dividends Interest on savings I thought it would ignore the part-time job (as it is less than the threshold), add all the others together, minus £22,015 (the threshold), and multiply by 9%. But it's not. I've tried everything, and can't get the figure to match. Does anyone know if I've missed anything? Thanks

I called the helpline today about this, and they were very helpful. They read out a list of every account I had, and how much interest had been reported to them.

I would advise going through this to check if you do need to or not: https://www.gov.uk/check-if-you-need-tax-return

Hello, Whenever my tax code changes, the letter says "Please keep this tax code notice". How long do I need to keep this for? And do I need to keep the hard copy, or can I scan it in and discard the original? Thanks.

Hello, Although we use Sage Payroll to calculate PAYE, I have been trying to also calculate it manually, but can't understand where the figures have come from. Using the manual tables: https://www.gov.uk/government/publications/taxable-pay-tables-manual-method, looking at Table C1 for Monthly paid employees, I see Column 1 is £3142, which is the monthly threshold for a Basic Rate taxpayer (£37,700, divided by 12 months, rounded up). But I can't understand where the £628.46 in Column 3 comes from? I'd have presumed 20% of Column 1, but doing that doesn't work, using either £3142, or the exact £3141.66. Could anyone explain please? Thanks.