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  • FIRST POST
    • scottcru
    • By scottcru 2nd Oct 17, 9:04 PM
    • 13Posts
    • 0Thanks
    scottcru
    Self Assessment Newbie Question
    • #1
    • 2nd Oct 17, 9:04 PM
    Self Assessment Newbie Question 2nd Oct 17 at 9:04 PM
    Hi,

    I hope someone can help me. I have been required by the Inland Revenue to start completing a self assessment tax return for the 2016-17 tax year onwards. Having recently completed and submitted the assessment, the online system has calculated that I have overpaid tax by approx. £500. That's obviously a pleasant surprise, but has led me to question whether I may have been overpaying tax for a number of years.

    I have a very simple tax return - main full time employment, PAYE, savings and investment interest etc., and my arrangements are very similar to previous years.

    Am I able to request to undertake a self assessment for previous years? or request a tax review or similar?

    Thanks in advance.
Page 1
    • Dazed and confused
    • By Dazed and confused 2nd Oct 17, 9:30 PM
    • 1,936 Posts
    • 872 Thanks
    Dazed and confused
    • #2
    • 2nd Oct 17, 9:30 PM
    • #2
    • 2nd Oct 17, 9:30 PM
    Personally or would lead me to question if I had completed the return correctly (it being a suprise to have overpaid £500).

    There is usually a specific reason why a tax return is needed, Child Benefit, income over £100k, large amounts of untaxed income - what prompted you needing to do one?

    Why not check the figures for the previous year yourself before getting embroiled in completing possibly unnecessary forms?
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