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Tax rebate 2019

18990929495138

Comments

  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    edited 17 April 2020 at 6:01PM
    Not that this will be of much comfort to those still waiting but I did my self assessment and submitted it bank holiday Monday afternoon (13th) and didn't need to do any separate steps to request repayment from my tax account. I had just filled out my bank details as part of the process for an overpayment, and the money was visible on my bank account yesterday Thurs 16th. 

    It's only a few months since my last return - as for 18/19 I owed them money, so left it as late as possible, whereas this year they owed me five grand, so I did it nice and early... I'm not self employed just PAYE, so the refund just related to pension/ vct/ eis/ charity compared to my tax code.

    I don't have my final P11D and couldn't be bothered to do all my CGT calc while waiting for my (nothing to pay there) so I just used a generous guesstimate of P11D numbers with a note to say they were estimates, and at some point later this year I'll submit the proper one and get a little bit more cash back. Absolutely no complaints here about the speed with which they paid me out !
    Is the money available or is it just showing as pending? 
    Available in my bank account since yesterday as a balance rather than as pending, and when looking at the online transaction list and online printable statement today, it was datestamped yesterday 16th.

    Actually something I hadn't noticed previously, transaction type for the credit in my account is showing as a 'DEB' (debit card transaction) with the last 4 digits of my debit card number next to it, rather than an incoming 'bank giro credit' or similar. I wonder if they have simply performed a partial refund of the transaction when I gave them a large payment in January for my 2018/19 tax? That transaction was paid by me using that debit card, linked to this current account.

    On my tax return for 2019/20 that I was doing on Monday I did enter my proper sort code and account number in the relevant fields for how to pay me any overpayment (and not any debit card details). I didn't notice on Thursday how they paid me, just that they had paid me. Perhaps they have already validated in the past that those debit card details are how my personal tax bill got paid, and as the debit card is in my name and still has a few months left before it expires, maybe it is cheaper or quicker to just send money back through it, rather than arranging a BACS or similar.
  • The system will update tomorrow with today's information. It has to change to issued so id say tue or Wednesday 
    When did you file your tax return if you don’t mind me asking? 
    I filed on the 6th,,hmrc are opening a portal for companies to claim back furloughed money so im hoping theres no delay
  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 18,099 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    edited 17 April 2020 at 7:34PM
    Not that this will be of much comfort to those still waiting but I did my self assessment and submitted it bank holiday Monday afternoon (13th) and didn't need to do any separate steps to request repayment from my tax account. I had just filled out my bank details as part of the process for an overpayment, and the money was visible on my bank account yesterday Thurs 16th. 

    It's only a few months since my last return - as for 18/19 I owed them money, so left it as late as possible, whereas this year they owed me five grand, so I did it nice and early... I'm not self employed just PAYE, so the refund just related to pension/ vct/ eis/ charity compared to my tax code.

    I don't have my final P11D and couldn't be bothered to do all my CGT calc while waiting for my (nothing to pay there) so I just used a generous guesstimate of P11D numbers with a note to say they were estimates, and at some point later this year I'll submit the proper one and get a little bit more cash back. Absolutely no complaints here about the speed with which they paid me out !
    Is the money available or is it just showing as pending? 
    Available in my bank account since yesterday as a balance rather than as pending, and when looking at the online transaction list and online printable statement today, it was datestamped yesterday 16th.

    Actually something I hadn't noticed previously, transaction type for the credit in my account is showing as a 'DEB' (debit card transaction) with the last 4 digits of my debit card number next to it, rather than an incoming 'bank giro credit' or similar. I wonder if they have simply performed a partial refund of the transaction when I gave them a large payment in January for my 2018/19 tax? That transaction was paid by me using that debit card, linked to this current account.

    On my tax return for 2019/20 that I was doing on Monday I did enter my proper sort code and account number in the relevant fields for how to pay me any overpayment (and not any debit card details). I didn't notice on Thursday how they paid me, just that they had paid me. Perhaps they have already validated in the past that those debit card details are how my personal tax bill got paid, and as the debit card is in my name and still has a few months left before it expires, maybe it is cheaper or quicker to just send money back through it, rather than arranging a BACS or similar.
    It is normal for card payments.

    https://www.gov.uk/hmrc-internal-manuals/self-assessment-manual/sam110116

    Although filing your 2019:20 return would not normally prompt a refund of tax paid for 2018:19.  Did you mean payment for 2019:20 payment on account?
  • CostaYo
    CostaYo Posts: 20 Forumite
    Seventh Anniversary 10 Posts
    Issued 20 april .finally 
  • Issued :) 20th
  • Issued 20th 
  • When should I get that 
  • Issued . Be in bank monday . Tuesday latest 👍🏻👍🏻👍🏻🤙🤙
  • CostaYo
    CostaYo Posts: 20 Forumite
    Seventh Anniversary 10 Posts
    When should I get that 

    Tuesday morning 

  • david127dl
    david127dl Posts: 10 Forumite
    10 Posts First Anniversary
    Issued 20th
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