Do I get interest paid on Tax rebate?

Rugbyplayer

Can someone help?

Being a plonker for the last 4 years I have been on a BR tax code incorrectly as I only have 1 job. Calculating my rebate myself using P60's I am owed,

06/07 - £447
07/08 - £1407
08/09 - £1206
09/10 - £1295
10/11 - £1000 (already refunded in pay)

I have called the tax office and they have confirmed that there is a refund due for 08/09 & 09/10 and that is in the process of being refunded but could not confirm the amount. At my request they are now investigating 06/07 & 07/08.

Q. Am I due interest on the sum's owed and how would HMRC calculate this?
Any help would be much appreciated!

Rugbyplayer

Thanks Jimmo

Do they pay a flat rate?

jennifernil

This gives some information.....



http://www.hmrc.gov.uk/rates/interest-repayments.htm#itnic

not very generous!

Mikeyorks

............. and it's only paid where the refund is after the 31st Jan following the year involved. So only up to and including 08/09 if they process it (09/10) prior 31.1.11