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13 March 2012
'Problems with returns are your fault'
I was interested to read the replies to the query The young ones and readers might be interested in my self-employed daughter’s experience.
The current tax return only asks for a tick if the student loan is repaid via employment; there is no box to tick if you are self employed.
So the procedure now seems to be as follows.
- You notify that you have a student loan on your tax return as a ‘white space’ disclosure.
- HMRC ignore this.
- HMRC send you a tax request calculating the self employment tax due but ignoring the student loan.
- You pay this tax demand.
- Months later HMRC notice you have a student loan and accuse you of not properly putting it on the tax return.
- ...
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