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Re-claiming overpaid Tax
musical_kez
Posts: 1 Newbie
Hi I'm a student and have been paying tax in my current job since i have been working there for 2 years.
I told them i was a student and they said it was my problem and have to sort it.
I have been trying to get hold of HRMC and can never get through to them to find out how to go about re-claiming.
Can anybody help me??
Many thanks
I told them i was a student and they said it was my problem and have to sort it.
I have been trying to get hold of HRMC and can never get through to them to find out how to go about re-claiming.
Can anybody help me??
Many thanks
0
Comments
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Submit a P50. Hopefully, it'll get done quicker than mine.0
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1. What is your tax code on your payslips?
2. Did you give your employer a P46 when you started?Signature removed for peace of mind0 -
It's an uphill battle but I'm in the same situation as you. I'm not certain P50 is the right form for you- that's to claim back tax when you're not working for the rest of the tax year (April to the following April). To claim back tax from the last few years, you need an R40 form. Unsurprisingly, the tax office don't make any of this information very clear on their website but I can confirm that I've filled in one of these from previous years and got a cheque back...eventually. It currently takes 3-12 months to process but it does get through eventually.
Anyway the link to the form is here: R40 and you need to print it off, fill it in, and send it to the tax office that your current employer uses (I believe). This can be found on the P45 form you hopefully received at the end of the tax year- and this is the form you're going to need to work out how much you're owed.
You need to fill in the amount you earned before tax, the tax you paid, and the final amount you received. You can also claim back any tax you paid on interest in bank accounts, if need be. HMRC have also produced a guide to filling in this form- available here.
PM me if you have any questions, I'll try and help!0 -
musical_kez
I recently sent HMRC a letter explaining that I believed I had overpaid PAYE for the past two previous tax years. I provided as much information such as approximate earnings and asked them (nicely) if they could check my situation for the past two years.
Yesterday, I received a breakdown of my previous earnings and tax payments with their decision and a cheque for £820.00.
It took approximately six weeks from sending the letter to receiving the cheque but it was certainly worth waiting for.
I did not submit any forms, just information of my former employers with approximate and actual earnings.
If the HMRC owe you money - you will get it.0
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