I was unemployed for around 4.5 months in f/y 2011/12 (September 29th - February 13th). I received JSA up until late January 2012. I recently enquired about whether I was due a tax rebate due to the period of unemployment and I have since been informed that I owe them money!
I probably received JSA for just under four months and HMRC are saying I owe them £506.60 as income tax on JSA. This seems like a huge amount when I consider the benefits I received.
Can anyone clarify? I have no problem paying what I owe, but I do have a problem when it feels like I'm being ripped off...
All advice gratefully received (I'm trying to work this out for myself but struggling!)
I probably received JSA for just under four months and HMRC are saying I owe them £506.60 as income tax on JSA. This seems like a huge amount when I consider the benefits I received.
Can anyone clarify? I have no problem paying what I owe, but I do have a problem when it feels like I'm being ripped off...
All advice gratefully received (I'm trying to work this out for myself but struggling!)