Overpaid income tax rebate

[rfisher]

How far back can you go to claim overpaid income tax?

[Hyper10]

I don't know but if you have a look on HMRC site and do a search and at least it's definitive, always print your findings as they're given to deleting things.

[ledger]

I tried to get a refund for overpayment recently, pretty sure it was a 4 years limit

[Eric Mc]

It's now limited to the previous four tax years. So - as we are now in 2013/14, reclaims can be made for tax years, 2012/13, 2011/12, 2010/11 and 2009/10.

HMRC website says -

Time limits for claiming a tax refund through PAYE
The time limits for claiming a refund are shown in the table below. If you don't make a claim within the time limit you'll miss out on any refund due.

Time limits for claiming back PAYE tax


2009-10 i.e. Tax Year ended 5 April 2010. Claim by 5 April 2014
2010-11 i.e. Tax Year ended 5 April 2011. Claim by 5 April 2015
2011-12 i.e. Tax Year ended 5 April 2012. Claim by 5 April 2016
2012-13 i.e. Tax Year ended 5 April 2013. Claim by 5 April 2017

As you can see, all tax years from 2008/09 and earlier are now outside the time limits.

[rfisher]

Thanks.

Any point in appealing to get years further back included if we are talking £1000's?

[sumo69]

rfisher said:

Thanks.

Any point in appealing to get years further back included if we are talking £1000's?

I am afraid not - the law isn't discretionary.

Do you need help?

Regards

David

[Mattt]

Sorry to slightly hijack, but what's the process for overpaid PAYE? Assume someone left a job halfway through the year then didn't work again.

[LouD86]

How do you go about claiming it back? I havent recieved any is several years, I moved a lot, and I know ive overpaid. Any ideas?

[Eric Mc]

There are two routes. You can elect to complete a Self Assessment tax return for the tax years involved - taking into account the time limits outlined above.

Alternatively, you can fill in a type of simplified tax return called a Form P800. The time limits also apply to this route.

HMRC explains the process below, taken from their website.



Tax Refund Claims for Previous Years

If you've paid too much tax for previous years, HMRC will send you a P800 Tax Calculation and any refund you may be due by the September after the tax year. You do not need to send us your P60 certificate.

If you think you are due a repayment and HMRC has not notified you by the September after the tax year then you can telephone or write to tell HMRC why you think you've paid too much tax

In most cases you'll get back the tax you've overpaid as long as you claim on time. Read the section 'Time limits for claiming a tax refund through PAYE'

[rfisher]

This is tax charged on savings interest, not paye.

Don't know if that makes a difference.

[Eric Mc]

Phone up HMRC and ask what you should do.

Filling in a self assessment return is the best way to sort out your affairs and that applies to ALL taxpayers.

Why do you think you have overpaid tax on interest income?

[rfisher]

Not me - paye coding indicates a savings income tax charge which is likely to have been carried over for several years since the last sa form was submitted.

[Eric Mc]

So, the PAYE coding was adjusted by HMRC in order to collect some extra tax that an individual was expected to have to pay on some savings income - presumably bank interest received.

I assume that this was because HMRC assumed that the person was going to be a higher rate taxpayer for those tax years.

You are asserting that the coding adjustment was wrong. I would assume that this is because

a) the individual was NOT a higher rate taxpayer in the years in question

b) the individual had no bank interest income in the years in question

c) a combination of both of the above

The best thing to do is for the individual concerned to phone HMRC and explain the situation to them. If required, HMRC will send out to the individual the appropriate claim form.

[rfisher]

Thanks Eric.

The plan is to get all the bank interest statements and tax codings since the last sa form date and send this to hmrc.

We will have to see how much they agree to refund.

[Eric Mc]

They will agree to refund the amount that should be refunded. It's not an negotiable amount. Whatever tax was overpaid will be refunded - with interest.