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Redundancy & the Tax Man

Hi,

Last year, between March & May, I was unemployed and on Jobseekers allowance due to redundancy. In May, I secured new employment and am still with the firm I joined now.

A friend of mine mentioned that it's likely that I've paid too much tax over the year because this period of redundancy can affect how much I am supposed to pay and I may be due a rebate.

Is this true? Can anybody confirm my friend's comments as true?

If it is true - What form should I fill out? Where can I get it? Is there someone I should ring?

Thanks all,

Chris W (aka True Mister Six)

Comments

  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    edited 1 April 2010 at 10:31AM
    www.HMRC.gov.uk

    worth a read

    http://www.hmrc.gov.uk/incometax/refund-reclaim.htm

    should help

    Something like this should have happend

    You should have given your p45 to the job center.

    Not sure but did you get a p60 from the job center for the 2008/2009 tax year?

    This year should be OK if you gave the p45 that you got from the job center when you signed off to your new employer.
  • Thanks for that.

    I've had a read and downloaded the form.

    I'm not certain I gave the right P45 to my new employer - I'd have to check with finance but I may have given them the P45 from the employer that made me redundant.

    Off to finance I go...
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