Proactive

The Proactive Accountant

Did you get a Pension Coding Form?

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There is no legal requirement to complete a P161 form

The people at HMRC Towers have (in their wisdom) decided to rearrange the way that some work is done. Today we learnt more about the new National Insurance and PAYE Service.

It can cause problems. One of which is the way explanations are delivered. Have a look at thisĀ  extract from a letter which we received form the newly introduced Complaints Service . . .

gobbledegook

If you can translate that paragraph into English please let us know!

Anyway, the new Pension Coding Form P161 is something which we think you can safely ignore. HMRC is perfectly well equipped to get your coding notice wrong, with or without the details on the new form. They seem to do that already by not checking your tax return properly. Save yourself the time and just shred the P161 when you get it!

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Posted on 9 Apr 2010 by The Proactive Accountant Dot Com

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Posted in 5. Tax 4 months, 4 weeks ago at 8:08 pm.

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