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.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
N.I overpayment
steve866
Posts: 546 Forumite
in Cutting tax
Hi,
I received a letter from HMRC stating that I might have overpaid N.I in the previous tax year with a form to complete. I am planning on doing a self assessment anyway so will this be rectified as part of the SA or do I need to complete the form? Thanks
I received a letter from HMRC stating that I might have overpaid N.I in the previous tax year with a form to complete. I am planning on doing a self assessment anyway so will this be rectified as part of the SA or do I need to complete the form? Thanks
0
Comments
-
You must complete the form. NI overpayments are dealt with in a separate process and office. Presumably you had two jobs and paid too much NI at 12% or were both employed or self-employed?0
-
Thanks, yes I had 2 jobs.[Deleted User] said:You must complete the form. NI overpayments are dealt with in a separate process and office. Presumably you had two jobs and paid too much NI at 12% or were both employed or self-employed?0 -
OK - it is likely that the total of the two exceed the £50000 odd and you would be due a refund as you paid too much at 12% but it is a separate department (Newcastle upon Tyne?)0
-
I have now completed and returned the form. Does anyone know how long it takes for them to issue the bank transfer? Thanks0
-
By Christmas with a bit of luck.steve866 said:I have now completed and returned the form. Does anyone know how long it takes for them to issue the bank transfer? Thanks
2024.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.6K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards