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  • FIRST POST
    • ashg1990
    • By ashg1990 24th Mar 18, 3:27 PM
    • 6Posts
    • 0Thanks
    ashg1990
    hmrc confuse me am i getting a repayment on monday
    • #1
    • 24th Mar 18, 3:27 PM
    hmrc confuse me am i getting a repayment on monday 24th Mar 18 at 3:27 PM
    Well this is my first time in 3 years i have actual got a tax rebate
    i requested this for repayment on 20/03/2018
    next day it to pending ban repayment

    today i check and its show this

    Bank repayment:269.73
    Date:26 Mar 2018
    Payee:You
    does this mean i will have 269.73 in my account on monday ?
Page 1
    • le loup
    • By le loup 24th Mar 18, 4:57 PM
    • 3,891 Posts
    • 3,923 Thanks
    le loup
    • #2
    • 24th Mar 18, 4:57 PM
    • #2
    • 24th Mar 18, 4:57 PM
    If Monday is the 26th March, why wouldn't it be in your account then?
    • ashg1990
    • By ashg1990 24th Mar 18, 6:40 PM
    • 6 Posts
    • 0 Thanks
    ashg1990
    • #3
    • 24th Mar 18, 6:40 PM
    • #3
    • 24th Mar 18, 6:40 PM
    I am just wondering if the date given by hnrc is the day I actually get my rebate
    • dori2o
    • By dori2o 24th Mar 18, 8:49 PM
    • 7,776 Posts
    • 13,048 Thanks
    dori2o
    • #4
    • 24th Mar 18, 8:49 PM
    • #4
    • 24th Mar 18, 8:49 PM
    The change to the statement means that the payment has now been authorised and released.

    26 March is the next working day. This is when the BACS info will be sent to the bank. Most banks BACS systems dont operate on Sat/Sun but thats a decision thats entirely down to your bank.

    It now depends on how long it takes your bank to process a BACS payment. This differs from bank to bank but on average its around 3-5 working days.

    They may process it the same day but that would be unusual.

    HMRC do not issue repayments through the Faster Payment Service.

    The only thing you can do is check your bank account on Monday morning.
    To equate judgement and wisdom with occupation is at best . . . insulting.
    • ashg1990
    • By ashg1990 25th Mar 18, 4:04 PM
    • 6 Posts
    • 0 Thanks
    ashg1990
    • #5
    • 25th Mar 18, 4:04 PM
    • #5
    • 25th Mar 18, 4:04 PM
    The change to the statement means that the payment has now been authorised and released.

    26 March is the next working day. This is when the BACS info will be sent to the bank. Most banks BACS systems dont operate on Sat/Sun but thats a decision thats entirely down to your bank.

    It now depends on how long it takes your bank to process a BACS payment. This differs from bank to bank but on average its around 3-5 working days.

    They may process it the same day but that would be unusual.

    HMRC do not issue repayments through the Faster Payment Service.

    The only thing you can do is check your bank account on Monday morning.
    Originally posted by dori2o
    So I am guessing I may not get it tommorow then
    • le loup
    • By le loup 25th Mar 18, 5:09 PM
    • 3,891 Posts
    • 3,923 Thanks
    le loup
    • #6
    • 25th Mar 18, 5:09 PM
    • #6
    • 25th Mar 18, 5:09 PM
    Yes you will. It's like a salary BACS payment or a banks interest payment. Your company tells you what date pay day is and they set up a BACS run three working days ahead.

    You don't need to understand all this stuff but if people tell you that you will be paid on a certain day, you will be paid on that day.

    If you are that concerned, stay up until just after midnight tonight and you will see the payment arrive in your bank.

    Why do people have so much anxiety? It's 269.73 for goodness sake. Hardly life changing!
    • ashg1990
    • By ashg1990 25th Mar 18, 5:35 PM
    • 6 Posts
    • 0 Thanks
    ashg1990
    • #7
    • 25th Mar 18, 5:35 PM
    • #7
    • 25th Mar 18, 5:35 PM
    Yes you will. It's like a salary BACS payment or a banks interest payment. Your company tells you what date pay day is and they set up a BACS run three working days ahead.

    You don't need to understand all this stuff but if people tell you that you will be paid on a certain day, you will be paid on that day.

    If you are that concerned, stay up until just after midnight tonight and you will see the payment arrive in your bank.

    Why do people have so much anxiety? It's 269.73 for goodness sake. Hardly life changing!
    Originally posted by le loup
    Thanks for the info the reason for the question is because normally I would see a pending transaction the day before it goes in I checked today nothing pending.

    And as for your smart comment no it is not life changing but seeing as I have been out of work due to ill health the money is somewhat needed due to not having much food or electric but I guess in my position it isn't that life changing no but it sure helps.

    As for anxiety I am a sufferer of depression and anxiety so that may be why.

    Thanka for kicking me into the gutter a little bit further and knocking my confidence for even asking a question

    For goodness sake why do I always do something wrong hope you have a brilliant day in your perfect life
    • Baggies67
    • By Baggies67 5th Jul 18, 6:13 PM
    • 1 Posts
    • 0 Thanks
    Baggies67
    • #8
    • 5th Jul 18, 6:13 PM
    • #8
    • 5th Jul 18, 6:13 PM
    I wonder if anyone could help me, I sent my tax return off on 7th April since then I have had to send my receipts off ect and mileage logs. But it!!!8217;s been 10 working days now since I sent all this off is it worth giving them a call see what!!!8217;s happening it!!!8217;s mentally draining me now
    • Pennywise
    • By Pennywise 5th Jul 18, 6:58 PM
    • 10,908 Posts
    • 20,592 Thanks
    Pennywise
    • #9
    • 5th Jul 18, 6:58 PM
    • #9
    • 5th Jul 18, 6:58 PM
    I wonder if anyone could help me, I sent my tax return off on 7th April since then I have had to send my receipts off ect and mileage logs. But it!!!8217;s been 10 working days now since I sent all this off is it worth giving them a call see what!!!8217;s happening it!!!8217;s mentally draining me now
    Originally posted by Baggies67
    10 working days is nothing in the HMRC la-la land. Don't realistically expect any response for a couple of months. You "may" hear from them more quickly, but realistically, it will be weeks/months rather than days.
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