Inland Revenue P85 Question
#1
Just Joined
Thread Starter
Joined: Jun 2004
Posts: 14
Inland Revenue P85 Question
On the P85 form that you need to fill in before leaving the country it asks for your mortgage details in Section 3: Mortgage amount and lender name & address.
Any reason why this is? Do the Inland Revenue inform your mortgage company that you've left the country?
Cheers for any thoughts.
Any reason why this is? Do the Inland Revenue inform your mortgage company that you've left the country?
Cheers for any thoughts.
#2
Re: Inland Revenue P85 Question
Could it be because of MIRAS relief? the old mortgage relief, didnt that get wiped out?.
I cant think the IR would inform your mortgage lender but why not ring them and ask them why they need the info, they have ot be straight with you . Unless you sign something that says they can share the info I dont think they have the right...
I cant think the IR would inform your mortgage lender but why not ring them and ask them why they need the info, they have ot be straight with you . Unless you sign something that says they can share the info I dont think they have the right...
#3
Re: Inland Revenue P85 Question
Originally Posted by TobyShadow
On the P85 form that you need to fill in before leaving the country it asks for your mortgage details in Section 3: Mortgage amount and lender name & address.
Any reason why this is? Do the Inland Revenue inform your mortgage company that you've left the country?
Cheers for any thoughts.
Any reason why this is? Do the Inland Revenue inform your mortgage company that you've left the country?
Cheers for any thoughts.
Not sure about this and would like to know the answer. Another thing I would like to know the answer for is... Why does solicitor need your NI when selling house?
Sarah
#4
Joined: Mar 2005
Posts: 2,027
Re: Inland Revenue P85 Question
Originally Posted by teach
Hi Toby,
Not sure about this and would like to know the answer. Another thing I would like to know the answer for is... Why does solicitor need your NI when selling house?
Sarah
Not sure about this and would like to know the answer. Another thing I would like to know the answer for is... Why does solicitor need your NI when selling house?
Sarah
#5
Re: Inland Revenue P85 Question
Originally Posted by Vanessa
Needs details because of Money laundering Regulations.
Sarah
#6
Re: Inland Revenue P85 Question
Originally Posted by TobyShadow
On the P85 form that you need to fill in before leaving the country it asks for your mortgage details in Section 3: Mortgage amount and lender name & address.
Any reason why this is? Do the Inland Revenue inform your mortgage company that you've left the country?
Cheers for any thoughts.
Any reason why this is? Do the Inland Revenue inform your mortgage company that you've left the country?
Cheers for any thoughts.
I wouldn't worry about entering details. Well, I am submitting mine in the next few weeks, and I don't think there's anything to worry about
#7
Just Joined
Thread Starter
Joined: Jun 2004
Posts: 14
Re: Inland Revenue P85 Question
Cheers for everyone's info. I spoke to the CNR and they said that the form was used to build up a picture of your financial affairs. It's not a compulsory form anyway....something that I didn't realise.
#8
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Joined: Apr 2005
Location: Gloucester
Posts: 346
Re: Inland Revenue P85 Question
I have heard from some people that you can get your tax back if you leave in the first 6 months of the tax year. Is this true and if so how do you go about getting it?