nomad97
Resident Geek
Yesterday I received a brown envelop through the post from HM Revenue and Customs. I had an unpleasant surprise when I open the letter, they said that I owed the Tax Man a few thousand pounds in unpaid tax. Don't worry though, we will deduct this from your pension in monthly payments commencing April 2020. WTF? Not to worry my arse! The pound is nose diving to the bottom and they want to claim back taxes too.
In previous years, they have always indexed my UK State Pension in line with the annual review. Of course, living in Thailand we do not receive any increase in our 'frozen' pension. I think they got that right this year. However, one of my other pensions is paid 'free of tax'. I have benefited from this arrangement for the past 15 years and now, out of the blue, they have included this pension in my total income liable for tax. If it's not one thing it's another.
I have written to them in the new on-line version of what they call your Personal Tax Account. I have pointed out most politely that I believe their calculation is in error, and why. They have promised a reply in the next 7 days. I await their reply with interest.
In previous years, they have always indexed my UK State Pension in line with the annual review. Of course, living in Thailand we do not receive any increase in our 'frozen' pension. I think they got that right this year. However, one of my other pensions is paid 'free of tax'. I have benefited from this arrangement for the past 15 years and now, out of the blue, they have included this pension in my total income liable for tax. If it's not one thing it's another.
I have written to them in the new on-line version of what they call your Personal Tax Account. I have pointed out most politely that I believe their calculation is in error, and why. They have promised a reply in the next 7 days. I await their reply with interest.