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I started my work since last april and last in october and then I am not working. Can I claim tax refund this year and what is the process and when can I apply?
Please help..

2007-03-10 03:39:15 · 8 answers · asked by Anonymous in Business & Finance Taxes United Kingdom

8 answers

Visit hmrc.gov.uk - this is the official site of Her Majesty's Revenue & Customs and this is where you will find an application form, and will be able to learn more information to determine whether you will be eligible to receive a refund or not.

Basically, you can get a refund if you were overtaxed. If, during the time you worked, you received less than the tax-free threshhold (can't remember exact figure but in the vicinity of £4,500) but still paid tax, then yes, you will be eligible to get it back. You could also get a refund if you should have paid tax at a certain rate but were in fact charged a higher rate, for which there could be many reasons, such as you were working without an NI number so were taxed at the emergency rate.

Anyway just download the application form - it doesn't take long to fill in - and then send it off; you'll be able to find out on the website where to send it to. You will also need to send your P45 and possibly other supporting documentation.

The tax year ends on April 5 and you will be able to submit your application any time after that, unless you are permanently leaving the country and then you can submit it anytime.

Please note that you can only get back income tax, not National Insurance.

2007-03-10 03:51:15 · answer #1 · answered by Anonymous · 0 2

I would advise that you claim the refund yourself in these circumstances. Using a company to reclaim the refund will result in a smaller refund for you as they will take out their fee.

At the end of the day, you have paid to much tax. It is a simple calculation and there is nothing to negotiate.

As mentioned in other answers, just write to the Revenue enclosing you P45 and confirm that you have not worked since.

The office you need to write to can be found here:

http://www.hmrc.gov.uk/local/individuals/index.htm

Enter the three digit number at the front of the employer reference noted on your P45.

If you haven't heard anything by the end of April I would suggest you ring the number noted on the website to chase them up.

2007-03-12 10:53:40 · answer #2 · answered by ~cathy~ 1 · 1 0

For any work carried out this year, you would need to complete a form P50 'Claiming back tax if you are not working'. You can get one from your local HMRC office or from the Internet. This is a short form confirming that since leaving employment, you have not been in receipt of Jobseekers Allowance or are in receipt of a pension etc. This form is completed and sent in to HMRC with your P45.

However, being near the end of the tax year (5 April) you would be better writing a letter confirming you have not been working or claiming since leaving employment, and sending it to HMRC with your P45. If you haven't worked, you will be due something back, as you will not have used all of your tax free allowances.

2007-03-13 11:27:47 · answer #3 · answered by Anonymous · 0 0

The best time to claim your income tax rebate is after the end of the financial year - 6th April. All you have to do is write to HMRC (formerly the Inland Revenue) with copies of P45s, P60s, payslips etc which show how much you earned and how much tax was deducted, and ask them to recalculate your tax and they will send you a cheque for the amount you overpaid.

For the year 2006/7 the personal allowance was £5,035 per person, up to this amount you do not pay income tax. The next £2,090 is charged at 10%, then up to £32,400 it is charged at 22%. After that, 40%.

Therefore, for example, if you only earned £6,000 in the tax year 2006/7, the tax due would be (6000-5035) x 10% = £96.50

You might also have paid National Insurance (NI) on top of this, but you cannot get that refunded.

2007-03-10 06:54:51 · answer #4 · answered by Craig B 1 · 0 2

Write a short letter, detailing what your earnings and any taxable benefit have been between the 6 April 2006 to the present. Enclose your P45(1) from your last employer if you still have it. Send it to the Tax Office dealing with your last employer, if poss, or alternatively send it to your local Tax Office, and include your National Insurance Number on the letter. Also mention whether you'll be getting any income before the 5 April this year.

2007-03-10 03:50:48 · answer #5 · answered by Starman 3 · 1 1

You have two options. You can either contact the Inland Revenue yourself forwarding them on your P45's and P60's or you can use a company such as www.taxfix.co.uk or www.digitaxuk.com who will get the money back for you. Generally speaing using a company to do it will be quicker and youll probably get more back. At the end of the day it all depends on how much time you have and how much you want to waste dealing with the Inland Revenue.

2007-03-10 23:57:35 · answer #6 · answered by MrFinance 3 · 0 0

I can prepare a tax return for you to claim your refund back.. let me know

email me or call me on 07003401367

2007-03-12 05:28:10 · answer #7 · answered by Pat 4 · 0 0

Contact your local Tax office and get a Reclaim form.

2007-03-10 03:43:09 · answer #8 · answered by Froggy 7 · 2 0

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