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Self Assessment tax return money owed & software
E11btt
Posts: 27 Forumite
in Cutting tax
I am employed and need to complete a self assessment tax return every year due to being a high earner. I just completed one this year and after adding my expense, pension, subscriptions and charitable donations info, I am owed money by HMRC. Can someone tell me when do they roughly pay this out?
And finally, I have been collecting my info over the year on a spreadsheet, but was wondering if there is any software available for me to do this? Most of the apps are geared towards ltd company and sole trader contractors but I am employed. Thanks in advance.
And finally, I have been collecting my info over the year on a spreadsheet, but was wondering if there is any software available for me to do this? Most of the apps are geared towards ltd company and sole trader contractors but I am employed. Thanks in advance.
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Comments
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Usually about a week or so after you file your return.
Assuming you have actually claimed the refund when completing your return.0 -
This one says it copes with multiple sources of income, so presumably it can cope with your situation, but I don't know for sure. Personally I just use a spreadsheet. It's not difficult to create one that works out the correct tax liability.0
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Sorry did you post a link ? I can’t see which software you are referring toJeremy535897 said:This one says it copes with multiple sources of income, so presumably it can cope with your situation, but I don't know for sure. Personally I just use a spreadsheet. It's not difficult to create one that works out the correct tax liability.0 -
I think I have, a total amount appeared in the amount I overpaid in tax section and I was asked to provide bank details where I wanted any funds sent to in the previous section ?Dazed_and_C0nfused said:Usually about a week or so after you file your return.
Assuming you have actually claimed the refund when completing your return.0 -
If you don’t complete that section a cheque will be sent to you (correct as of two years ago)E11btt said:
I think I have, a total amount appeared in the amount I overpaid in tax section and I was asked to provide bank details where I wanted any funds sent to in the previous section ?Dazed_and_C0nfused said:Usually about a week or so after you file your return.
Assuming you have actually claimed the refund when completing your return.1 -
Apologies. It took a long time to load and I forgot to add it. Here it is:E11btt said:
Sorry did you post a link ? I can’t see which software you are referring toJeremy535897 said:This one says it copes with multiple sources of income, so presumably it can cope with your situation, but I don't know for sure. Personally I just use a spreadsheet. It's not difficult to create one that works out the correct tax liability.
https://www.uktaxcalculators.co.uk/tax-calculators/personal-tax-calculators/multiple-income-tax-estimate/
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