Wonderful World of 160% taxation.



Got a tax demand for tax on a rented flat I own with my brother.

They want all last years and next years by the end of January. It used all
to be in arrears,
so 40% becomes effectively paying 80% of this years income.

However they told me about this last year and added it to my PAYE tax code,
so I am 8 months through the year of paying 80%.

So they want 160% of the income for this year.

Tax office is open so called, advice, "Pay it and claim it back". They
can't help until the new year as their system is off line and
with the expected rush they are unlikely to be able to deal with it until
before the penalty date.


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