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How long for tax repayment?
Estie
Posts: 20
Forumite
Hi. This is my first year of filling in a tax return as I have just set up my own business. I am due a repayment as I have over paid tax, which I have requested, but I am just wondering how long this usually takes. My husbands repayment came through in 48 hours, from when he requested it, but mine has been a couple of weeks now. My husband is full time employed, is that why he got his through quicker? Or should I be chasing mine?
Thanks
Thanks
0
Comments
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You say you have "just set up" your own business.
Do you mean you set up a business in the 2020:21 tax year?0 -
Yes. I "set it up" in anticipation of being made redundant, but due to Covid it was 18 months between being told I was being made redundant and actually finishing work. As a result I had all my set up costs in the 20-21 tax year, but I didn't properly launch the business until September 21.0
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Busy time of the year for the HMRC. At least submitting on time will see you higher up the processing queue.0
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Have you checked your Self Assessment account since filing your Self Assessment return?
You should be able to see the status of any refund (assuming there is one).0
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