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Overpaid and therefore paid Income tax and NI
LauraAl
Posts: 9 Forumite
Hi,
Wondered if anyone could halp me please. I have a part time job and I don't earn enough to pay either income tax or national insurance. I've been paid today via BACS and I have been paid too much. Because I got too much I have therefore been taxed and had to pay national insurance.
What I would like to know is, should I have the tax and national insurance that I have paid incorrectly refunded into next months wage? If I don't get it back then I'm going to be out of pocket.
I have received tax rebates before so if I have to wait until April to be able to get that back then I guess I'll have to, but I've never had to claim back NI and have assumed that once it's paid you can't get it back?? It's not my fault so I was wondering how it works. I am awaiting a call from my manager to find out why it happened and exactly what the extra money was ( I haven't received my wage slip yet). I just wondered has anyone else been in this suitation before, and if so what happened?? I'd also like to get it straight in my head before I speak to my manager tomorrow.
Many thanks in advance and I hope this all makes sense.
Laura
Wondered if anyone could halp me please. I have a part time job and I don't earn enough to pay either income tax or national insurance. I've been paid today via BACS and I have been paid too much. Because I got too much I have therefore been taxed and had to pay national insurance.
What I would like to know is, should I have the tax and national insurance that I have paid incorrectly refunded into next months wage? If I don't get it back then I'm going to be out of pocket.
I have received tax rebates before so if I have to wait until April to be able to get that back then I guess I'll have to, but I've never had to claim back NI and have assumed that once it's paid you can't get it back?? It's not my fault so I was wondering how it works. I am awaiting a call from my manager to find out why it happened and exactly what the extra money was ( I haven't received my wage slip yet). I just wondered has anyone else been in this suitation before, and if so what happened?? I'd also like to get it straight in my head before I speak to my manager tomorrow.
Many thanks in advance and I hope this all makes sense.
Laura
0
Comments
-
Sorry, I did post something, realised I had misread your post. So overwrote it.
Ignore me...........................
Was it an error by your company that you have been overpaid or have you done more hours etc.
to warrant the extra money.
If you have earned the money, the tax refund will come automatically but NI is not refundablemake the most of it, we are only here for the weekend.
and we will never, ever return.0 -
Hi, thank u.
No I didn't do the extra hours, it looks like perhaps payroll paid me twice. So I worked 36 hrs but got paid for 72.
L0 -
The payment for the overpay will prob be taken back next time you get paid hence showing a - figure in the tax as a refund but for the NI you can claim this back at the end of the tax period be sending your P60 to the tax office:
If you think you have overpaid but you have not been notified, you should write (after the end of the tax year) to HMRC’s National Insurance Contributions department.
Your letter should include:- Your National Insurance number
- Why you think you have overpaid NICs
- Which tax years you think you have overpaid in
- Which class(es) of NICs you think you have overpaid
- A P60 or statement from your employer showing the NICs that have been deducted from your wages during that tax year (if you are employed)
0 -
this happened to me a couple of months ago you will get the tax and NICs back on next months payNeeding to lose weight start date 26 December 2011 current loss 60 pound Down. Lots more to go to get into my size 6 jeans0
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