News2 mins ago
Tax Rebate
2 Answers
My accountant told me after calculating 2013/14 tax return, how much he can get me in rebate. He did not ask at the time ,and I did not mention it that I am in receipt of pension.
As I am of retirement age but worked beyond 65 my pension is liable for tax as it took me over how much I can earn. He has now been informed I am in receipt of state pension.
My accountant now says I am due a lot less.
Can he get me the initial amount back, and leave it up to me to pay any tax owed by Jan 31st 2015, or does he need to submit the amended return. TIA
As I am of retirement age but worked beyond 65 my pension is liable for tax as it took me over how much I can earn. He has now been informed I am in receipt of state pension.
My accountant now says I am due a lot less.
Can he get me the initial amount back, and leave it up to me to pay any tax owed by Jan 31st 2015, or does he need to submit the amended return. TIA
Answers
Best Answer
No best answer has yet been selected by malagabob. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.