We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
HMRC holding overpaid tax after IVA F&F
Hi,
I had an IVA running from 2002 to 2006, which had HMRC as one of the creditors. The IVA was completed under a full and final agreement in 2006, and since everything has been fine.
Last year I had a period of redundancy, luckily receiving a payout, but paid tax according to my code. The long period looking for work meant that when I submitted my return this year, there was a large sum of overpaid tax due for repayment.
I have been advised by HMRC that the repayment has been cancelled (no reason), but that the operations dept are looking into it based on something from 2000-2001.
My question is can HMRC recover unpaid tax once the IVA is complete? I was under the impression they were treated like any other creditor. I have received little further info as yet, so cannot advise on the precise reason for the delay. The contact centre seemed to think it may be related to Class 2 NI.
All suggestions welcome.
Thanks
Al
I had an IVA running from 2002 to 2006, which had HMRC as one of the creditors. The IVA was completed under a full and final agreement in 2006, and since everything has been fine.
Last year I had a period of redundancy, luckily receiving a payout, but paid tax according to my code. The long period looking for work meant that when I submitted my return this year, there was a large sum of overpaid tax due for repayment.
I have been advised by HMRC that the repayment has been cancelled (no reason), but that the operations dept are looking into it based on something from 2000-2001.
My question is can HMRC recover unpaid tax once the IVA is complete? I was under the impression they were treated like any other creditor. I have received little further info as yet, so cannot advise on the precise reason for the delay. The contact centre seemed to think it may be related to Class 2 NI.
All suggestions welcome.
Thanks
Al

0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 348.6K Banking & Borrowing
- 252.2K Reduce Debt & Boost Income
- 452.5K Spending & Discounts
- 241.3K Work, Benefits & Business
- 617.8K Mortgages, Homes & Bills
- 175.8K Life & Family
- 254.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards