claim interest on overpaid tax from previous years?

kennewby

Hello,

I seem to over pay my tax billl every couple of years, but this year I thought " that £800 that I overpaid last year would have been better sitting in an ISA for me rather than just sitting with the revenue then coming off the following years tax bill "

Can I reclaim interest for this money back?

As my accountant works out my payments, is it not the revenues responabilty, or is it just one of those things that I'll have to live with?

Im not looking to blame anyone, btw, just thought someone out there may be able to help me out getting a little back from the revenue...

look forward to anyones help..

thanks
ken

fengirl_2

HMRC do pay interest on overpaid tax, its called repayment supplement. However, it is only due when the repayment is over a year late.
It's your responsibility to pay the correct tax and if your accountant can't do his sums correctly, maybe you should change him/her.