I would really appreciate some advise on a tax matter. I pay high rent and have therefore taken advantage of 'rental value' scheme.
To my surprise (and horror), when the tax bill came last week it was much more than I had expected. Upon further inspection, it became clear that my company had made a mistake. Instead of subtracting the rental value from my salary, they have accidently added it on. They have then projected this into 2010/2011.
This means my tax bill is nearly DOUBLE what it should have been.
So, I would normally go down the process of appealing this. However, I have since learnt that I may have some difficulty. The lease agreement is with my ex-girlfriend as I was out of the country at the time of signing and witnessing etc. I have paid the full rent since then (and have bank statements to prove it), and we have the stamped tenancy agreement and all receipts from the beginning).
My question is: should I go down the process of appeal? Will I still be eligable for the 'rental value' tax break?
Any advice on this would be much appreciated.