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Tax back from hmrc

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Comments

  • hara____ said:
    HMRC are slowly getting there with the 2024-25 tax calculations. My savings interest for that year was corrected in the last couple of days, and my tax code revised.
    Yes, same for me. 
    Don't wait for your ship to come in, swim out to it.
  • kimwp
    kimwp Posts: 3,490 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    hara____ said:
    HMRC are slowly getting there with the 2024-25 tax calculations. My savings interest for that year was corrected in the last couple of days, and my tax code revised.
    Yes, same for me. 
    Same for me actually - they adjusted my tax code as I earned less interest than predicted. But not enough to refund the overpaid income tax.
    Statement of Affairs (SOA) link: https://www.lemonfool.co.uk/financecalculators/soa.php

    For free, non-judgemental debt advice, try: Stepchange or National Debtline. Beware fee charging companies with similar names.
  • kimwp said:
    hara____ said:
    HMRC are slowly getting there with the 2024-25 tax calculations. My savings interest for that year was corrected in the last couple of days, and my tax code revised.
    Yes, same for me. 
    Same for me actually - they adjusted my tax code as I earned less interest than predicted. But not enough to refund the overpaid income tax.
    You don't get tax overpaid in one tax year refunded via your tax code for a different tax year.

    You would get a P800 calculation for the tax year you have overpaid.
  • kimwp
    kimwp Posts: 3,490 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Just got a message - £1203 overpaid.
    Statement of Affairs (SOA) link: https://www.lemonfool.co.uk/financecalculators/soa.php

    For free, non-judgemental debt advice, try: Stepchange or National Debtline. Beware fee charging companies with similar names.
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