Talking Of Refunds

[jennyjoan]

If you were due a tax refund would you be notified. I have never ever received a refund in my life and I have paid tax since I was 16 and still am. Am I missing out. Ta all.

[Peter Pedant]

they write to you and send a cheque
emails saying click on this and collect your moolah are scams

without knowing your tax details ( and I think AB is not suitable for transfer of such data) I cannot possibly say if you are due

if your only income is wages it is pretty unlikely that you have lost out - they adjust it from year to year with your tax code - that they SHOULD write to you about

[fiction-factory]

Yes, but if your tax affairs are simple- eg just one source of income then tax is normally deducted correctly through PAYE so there is no overpayment/underpayment, or if there is a small difference it can be sorted by adjusting your code sllightly. Overpayment can occur if you have two or more jobs and pensions or you change jobswithout a p45 and are on an emergency code for a while

[jennyjoan]

Thanks PP and FF.

[Peter Pedant]

The calculation is pretty straighforward for us proles and paupers

find out the total gross income
knock off £11 000 ( the tax free amoubt)
tax the remainder at 0.2 ( 20% )
that should correspond to the tax you should have paid
( up to £38125) ( that is £48125 gross)

(Gift aid - add the amount you gift aided to the 11 000
odd but that is what the tax man does
and then redo the calc)

[jennyjoan]

Ah Jeepers Creepers PP - you would have to be a mathematician to understand all that craic. LOL.

[Peter Pedant]

oh - um - I just do it me 'ead

[jennyjoan]

Clever dick LOL