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overpayment tax - claims company
u751904
Posts: 361 Forumite
in Cutting tax
I filled in a form provided via unison. the company undertaking the free evaluation wasn't unison - just a 'service' offered through unison. anyway - sent form off. Company said well we think you have paid too much tax, and they'll complete the process of claiming back the tax, obviously they take a percentage off each pound received in commission. Fair enough. However is there a way of checking this out myself? I've had numerous jobs since the recession started, some full time some part time. So it is a bit complicated. any ideas before I give this company a cut of my tax rebate - which may be little of course.
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Comments
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Yes, you can do this yourself. Remember if you use a claims company they normally get their fee by you signing ANY refund over to them, they then send you this less their fee. This means they not only get a proprtion of any fees/subscriptions/laundry costs they claim on your behalf but also of any other amount that may be refunded at the same time.
For example if you were due £100 tax refund because of fees/laundry costs etc and the fee you agree is 20% then they get £20 (or maybe £20 + vat)
but if you have also overpaid for other reasons (possible per your post) and weredue £1000 refund they get £200 (or200 + vat)0 -
It's unbelievable unions do this - referring members to fee charging services for claiming tax rebates. My union does the same. These companies usually want about 40%!! Unions should be giving members free advice on how to make sure their tax is correct. Wonder if the union gets referral commission.
Also, HMRC sometimes give refunds based on a claim without checking, which they then might investigate later and find isn't valid - so you could get a refund, pay the company 40%, then have HMRC taking it all back!!0 -
If you have sent the form off .... you are committed unless you contact them immediately because you have given permission for them to act as your agents with HMRC.0
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If you have sent the form off .... you are committed unless you contact them immediately because you have given permission for them to act as your agents with HMRC.0
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I doubt the OP has any idea what he signed.0
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If your union is recommending you use unqualified ambulance chasers - then leave them.0
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