NHS worker since 1999? Are you due £1,000s of tax back
Comments
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cocoluvsmummy wrote: »I would disagree with this advice to claim direct to HMRC if you do submit a claim to them they will hold onto that claim for 6 months, send it back to you and tell you you MUST apply through your employer. The advice form HMRC is they will only consider a direct claim if you can not gain support from your employer, but you must provide proof of that.
Yes, I phoned HMRC who told me I had to go through my employer so I contacted HR and they will sort it out for me. HMRC also said once the ball is rolling it should take 12 weeks or get re-embersment so there is an advantage to going through HR anyway...... It will be quicker0 -
My understanding is that not all NHS boards are doing this. Therefore you need to ring them, find out if they are. If so go through your HR department. If not you need them to provide you with written confirmation that they are not taking this forward for you and then you have to do this independently.0
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Quick note about my experience! I am a nurse & midwife and was at the top of what was a 'G' when I was seconded for 12 months full time on a 'student' contract at mid-point 'E' - so I took a big financial hit to study although I did return to my previous pay point afterwards! My previous employer refused to process my application (they were basically being stroppy!) but I sent off the application myself using the Unite template (on their website) and a big pile of supporting paperwork (by recorded delivery). It took 4 months for an acknowledgement then my NI refund arrived - £1700. Four weeks later my tax has been refunded - £4800. Grand total of £6500! It has not affected my State Pension as I have in excess of 35 years already (I can't claim until 67 as far as the State Pension is allowed, I'm now 53). I have never claimed tax credits or anything else as my husband is a higher rate tax payer so there are no further repercussions from my claim. I now feel pretty good about getting my wrongly paid NI and Tax back - after all, I've only got back what I am owed! One small word of warning if you have any 'unearned income' (investments etc) this will have an impact as I have noticed a few £s deducted from the Tax element which I think is interest on a savings account... Good luck!0
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LOL, it will be you, me, and everyone else whose tax is paid into the "system" who will be funding thisSorry, I disagree. It will not be the NHS paying the money back it will be HMRC system because the NHS never informed them that employees were being seconded into full time education
it will doubtless be a vain hope that those promoting this loophole are not on a % based "commission" from the the amounts recovered from us, the taxpayers
and yes I accept that is a circular argument if you are an NHS employee, but then "you" have "never had it so good"0 -
CazRob
Either I've misunderstood what you've written or HMRC have got yours wrong!
One small word of warning if you have any 'unearned income' (investments etc) this will have an impact as I have noticed a few £s deducted from the Tax element which I think is interest on a savings account... Good luck!
If your NHS pay/salary/wages/bursary has now been deemed to be non taxable income this is likely to mean you have a lot of unused personal allowances so if you have investment income such as savings interest then any tax deducted from this would also now be refundable to you (assuming your interest was less than your unused tax allowances).
For the benefit of others maybe you could clarify what has happened to you - have you got more money back or less??
I suppose it might be different with dividends as the tax on these isnt refundable0 -
Sorry, I disagree. It will not be the NHS paying the money back it will be HMRC system because the NHS never informed them that employees were being seconded into full time education
It's all part of the same system, i.e. the public purse. It's the spirit of it, not the letter of it. The less money in the tax system, the less there is to spend on public services.0 -
Have just checked my paperwork from HMRC (all 5 pages of it!) Big mistake on my behalf!! I have been refunded a total of just under £16 which must have been interest originally paid on savings - it isn't specified but is under the heading of Dividends / BSI (which I guess is Building Society Interest) / Untaxed Interest. So, in short I got a bit extra! In my case it will certainly have been BSI but it's difficult to remember as my claim was for the financial year ending 2004 and I did have other investments at the time which would have dealt with by others...Thanks for posting a question! CazRob0
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As someone trying to sort this out for an NHS Trust, I'd be interested to know what people have heard from other employers about how they're approaching it.
From what I've heard some Trusts are trying to gather the information and send it to HMRC and others are telling people they have to claim for refunds direct.
Obviously we'd like to support our staff and ex-staff, but I'm not sure how much of the historical info is available and HMRC are impossible to get hold of. For one query we had I had to write to HMRC's Chief Exec before I got a response - 9 months it took!
We've also had conflicting info about the eligibility criteria, but any submissions the Trust makes you have to agree that: "I understand that you may take legal action if I knowingly give incorrect information."0 -
Quick note about my experience! I am a nurse & midwife and was at the top of what was a 'G' when I was seconded for 12 months full time on a 'student' contract at mid-point 'E' - so I took a big financial hit to study although I did return to my previous pay point afterwards! My previous employer refused to process my application (they were basically being stroppy!) but I sent off the application myself using the Unite template (on their website) and a big pile of supporting paperwork (by recorded delivery). It took 4 months for an acknowledgement then my NI refund arrived - £1700. Four weeks later my tax has been refunded - £4800. Grand total of £6500! It has not affected my State Pension as I have in excess of 35 years already (I can't claim until 67 as far as the State Pension is allowed, I'm now 53). I have never claimed tax credits or anything else as my husband is a higher rate tax payer so there are no further repercussions from my claim. I now feel pretty good about getting my wrongly paid NI and Tax back - after all, I've only got back what I am owed! One small word of warning if you have any 'unearned income' (investments etc) this will have an impact as I have noticed a few £s deducted from the Tax element which I think is interest on a savings account... Good luck!
Cazrob
Do you mind me asking what a mid-point E is? Is it the same as a mid-Band 5? I know the system changed when Agenda for Change came in, but I'm just wondering what your salary was in order to get such a big refund! Was the course just for one year?
I've just submitted my claim. I did a 1-year course on a mid-Band 5 in 2009/10 and would be delighted if it came close to £6500 :T
DebbieHIGHEST DEBT £63,300 LBM 27/5/2020 DEBT FREE DATE 31.08.20220 -
:j:jYes, a 5 would be the same as an 'old' E as far as salary is concerned - a staff nurse pay point really. Lots of colleagues have now received their NI and tax back and we have all got very similar amounts. We all studied full time for 12 months on a post-reg undergraduate course (Specialist Community Public Health Nursing) ... Hope this helps! Caron!0
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