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PAYE refund ?

Help I`ve been sent a cheque for an over £2k overpayment for tax year 2011-2012.
I finished work and took early retirement end of March 2011 and only started paying tax on my £6k pension April 2012.

Comments

  • When did you receive your final payment from your employer and when did you start getting your pension?
  • Ranger8
    Ranger8 Posts: 388 Forumite
    Part of the Furniture 100 Posts
    edited 5 August 2012 at 7:16PM
    When did you receive your final payment from your employer and when did you start getting your pension?

    Thanks for the reply no doubt you can tell I know nothing about taxation even though I`ve paid it for nearly 40yr.:D
    My pension and final payment (tax free) were both in April 2011.
  • Hmmm so no tax paid on salary or pension last year yet £2000 rebate?
    It definately relates to 2011/2012 does it? Do you have any other income? Tax on bank interest? Is there a breakdown on the paperwork or just a cheque?
  • Ranger8
    Ranger8 Posts: 388 Forumite
    Part of the Furniture 100 Posts
    The info readout says my PAYE income for 2011-2012 was £19437 and £4414 tax paid ?
  • I take it you only earned your £6k pension + final payment from work? If this is the case and you disagree with the 19k figure you need to phone HMRC
This discussion has been closed.
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