Quizzes & Puzzles10 mins ago
Tax Years
5 Answers
Morning All,
My sister would like to know if she's right in thinking if you don't work a full tax year, would she get the tax back that she's paid?
Cheers
China
My sister would like to know if she's right in thinking if you don't work a full tax year, would she get the tax back that she's paid?
Cheers
China
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.To expand on Vic's answer:
Simply not working from April to April does not automatically mean you get your tax back.
Everyone has a tax code that entitles them to earn a specified amount before paying tax. If she hasn't earned enough to reach that amount, she will get all of it back.
If she has earned more than that amount she will be liable to pay tax but she will be entitled to a rebate if she has paid more than she should have.
Simply not working from April to April does not automatically mean you get your tax back.
Everyone has a tax code that entitles them to earn a specified amount before paying tax. If she hasn't earned enough to reach that amount, she will get all of it back.
If she has earned more than that amount she will be liable to pay tax but she will be entitled to a rebate if she has paid more than she should have.
The answer is on the HMRC site.
http://search2.hmrc.gov.uk/kbroker/hmrc/forms/ viewform.jsp?formId=764
You can obtain a P50 online (or ring and ask for one), complete it and send it to your tax office. You will need to be able to explain why you won't be working again- for example maybe you have enrolled on full time course of study. If you are claiming job seekers' allowance the tax side will be sorte atomatically
http://search2.hmrc.gov.uk/kbroker/hmrc/forms/ viewform.jsp?formId=764
You can obtain a P50 online (or ring and ask for one), complete it and send it to your tax office. You will need to be able to explain why you won't be working again- for example maybe you have enrolled on full time course of study. If you are claiming job seekers' allowance the tax side will be sorte atomatically