{"id":3216,"date":"2018-05-17T00:00:00","date_gmt":"2018-05-17T00:00:00","guid":{"rendered":"https:\/\/hebblethwaites.com\/index.php\/are-you-due-a-tax-refund\/"},"modified":"2018-05-17T00:00:00","modified_gmt":"2018-05-17T00:00:00","slug":"are-you-due-a-tax-refund","status":"publish","type":"post","link":"https:\/\/hebblethwaites.com\/index.php\/are-you-due-a-tax-refund\/","title":{"rendered":"Are you due a tax refund"},"content":{"rendered":"<p>There is something uniquely satisfying about a tax refund. Of course, you must first overpay tax before it can be refunded, but there is a universal joy in receiving a cheque or direct payment to your bank account from HMRC.<\/p>\n<p>Occasionally, HMRC will volunteer the information, they may even send you a formal assessment and advise you that a refund can be claimed. A more likely prompt will come from your accountant as we have an eye for these things&hellip;<\/p>\n<p>A selection of situations that may lead to an overpayment are published on HMRC&rsquo;s website, and we have to say, the list is not complete. They include the following.<\/p>\n<p>You may have overpaid tax if you:<\/p>\n<ul>\n<li>are <a href=\"https:\/\/www.gov.uk\/claim-tax-refund\/too-much-tax-taken-from-your-pay\">employed<\/a> and had too much tax taken from your pay, perhaps due to inaccurate coding of your tax allowances, benefits or expense claims;<\/li>\n<li>have <a href=\"https:\/\/www.gov.uk\/claim-tax-refund\/youve-stopped-work\">stopped work<\/a>;<\/li>\n<li>have submitted a tax return that discloses that too much tax has been paid;<\/li>\n<li>have paid too much tax on <a href=\"https:\/\/www.gov.uk\/claim-tax-refund\/you-get-a-pension\">pension payments<\/a> you have received;<\/li>\n<li>or if you have bought a life annuity.<\/li>\n<\/ul>\n<p>You may also be able to reclaim tax if you have:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.gov.uk\/tax-relief-for-employees\">used your own money for your job<\/a>, for example, if you have paid for car fuel costs, work clothing or other expense that you have incurred specifically for your work;<\/li>\n<li><a href=\"https:\/\/www.gov.uk\/apply-tax-free-interest-on-savings\">paid tax on savings interest<\/a> if you&rsquo;re on a low income<\/li>\n<li>if you live in one country and have income in another &#8211; how you do this depends on whether you&rsquo;re <a href=\"https:\/\/www.gov.uk\/tax-foreign-income\/taxed-twice\">a UK resident with foreign income<\/a> or <a href=\"https:\/\/www.gov.uk\/tax-uk-income-live-abroad\/taxed-twice\">a non-resident with UK income<\/a>.<\/li>\n<\/ul>\n<p>You may also have been entitled to claim an allowance, say the Marriage Allowance, and were slow to make the claim &ndash; in our experience HMRC will advise you that such allowances exist, but not that you could make a claim.<\/p>\n<p>More of HMRC&rsquo;s systems are being computerised, and surprise, surprise, accidents do happen. Without the watchful human touch, it is down to taxpayers or their advisors to spot the faux pars.<\/p>\n<p>If you have that itch, that maybe you have paid too much tax, we would be delighted to cast an eye over your numbers and fire off a few pointed questions to narrow down the possibility that maybe you too have paid too much tax.<\/p>\n<!-- -->","protected":false},"excerpt":{"rendered":"<p>There is something uniquely satisfying about a tax refund. Of course, you must first overpay tax before it can be refunded, but there is a universal joy in receiving a cheque or direct payment to your bank account from HMRC. Occasionally, HMRC will volunteer the information, they may even send you a formal assessment and [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-3216","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/posts\/3216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/comments?post=3216"}],"version-history":[{"count":0,"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/posts\/3216\/revisions"}],"wp:attachment":[{"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/media?parent=3216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/categories?post=3216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/tags?post=3216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}