| Tax Rebates 18:09 - Aug 5 with 1506 views | BazzaInTheLoft |
Any experts?
On April 1st last year I quit my job and was unemployed until September 17th when I took a job on a much lower salary which I continue to do today.
Will I be entitled to a Rebate? And if so when will it arrive? [Post edited 5 Aug 2020 18:11]
|  | | |  |
| Tax Rebates on 18:16 - Aug 5 with 1464 views | loftboy |
Presuming you are PAYE, as you quit at true end of the tax year I’d say no, also assuming your P45 was given to your new employer then your tax will be automatically worked out month by mont taking into account your annual allowance. |  |
| |
| Tax Rebates on 18:19 - Aug 5 with 1446 views | Boston |
As an American Taxpayer, will my community be reimbursing me 50% plus of the property taxes which are used to pay for the schools that the Teachers Union are not allowing to open? [Post edited 5 Aug 2020 18:20]
|  |
| |
| Tax Rebates on 18:25 - Aug 5 with 1429 views | BazzaInTheLoft |
| Tax Rebates on 18:16 - Aug 5 by loftboy |
Presuming you are PAYE, as you quit at true end of the tax year I’d say no, also assuming your P45 was given to your new employer then your tax will be automatically worked out month by mont taking into account your annual allowance. |
Heartbreaker. | | | |
| Tax Rebates on 18:46 - Aug 5 with 1362 views | stevec |
What loftboy says.
You should have got a P60 from your Employer sometime after each year end (05/04/..), check you got your full annual allowance from that. I’m probably telling you something you already know but add a zero on the end of your tax code, ie if your code is 1250 then your free pay is £12500 for the year. You only pay tax on anything above that, NI starts on a lower figure though, somewhere after you’ve earned £8500.
Know your talking about 18/19 year but it’s not unheard of Employers getting things wrong in the following year (19/20) especially after a spell of unemployment. |  | | |
| Tax Rebates on 20:06 - Aug 5 with 1247 views | PunteR |
Not sure for PAYE but you can create an account with HMRC . Theyll give you a government gateway code for you to access your account anytime. You can see what you owe or what you've overpaid. You can also see the state pension you'll get when you retire I've only just discovered recently...unfortunately. [Post edited 5 Aug 2020 23:30]
|  |
| Occasional providers of half decent House music. |
| |
| Tax Rebates on 22:25 - Aug 5 with 1122 views | Benny_the_Ball |
It's impossible to provide a definitive answer without sight of the figures. What I would say is that overpayments are not uncommon so its worth checking for yourself before submitting a tax refund claim with the HMRC. Don't merely assume that those nice chaps at the HMRC will send you a rebate automatically.
It's unlikely that you will be owed a rebate for the financial year 2018/19 as you quit your previous job right on year end. As a result your previous employer had ample opportunity to square away your accounts.
2019/20 should also be clear but there is a possibility of overpayment given that there was a gap in employment. If you were in receipt of any benefits during this period, check online whether they're taxable. If so, they must be included when calculating your tax bill.
If you do decide to submit a tax rebate claim, the HMRC will need evidence of all taxable income. |  | | |
| Tax Rebates on 09:21 - Aug 6 with 1005 views | EastR |
If you started work in Sept last year having not worked since April they should have squeezed your full year allowance into your pay from September 19 to April 20. If your net pay dropped significantly from april this year due to full year tax allowance being now spread over 12 months then it's likely they've done it correctly and no rebate due. If you didn't notice a drop in pay in April this year then it's likely you didn't use your full personal allowance last year and you'd be due a rebate. | |
| |
| Tax Rebates on 10:27 - Aug 6 with 963 views | BazzaInTheLoft |
| Tax Rebates on 09:21 - Aug 6 by EastR |
If you started work in Sept last year having not worked since April they should have squeezed your full year allowance into your pay from September 19 to April 20. If your net pay dropped significantly from april this year due to full year tax allowance being now spread over 12 months then it's likely they've done it correctly and no rebate due. If you didn't notice a drop in pay in April this year then it's likely you didn't use your full personal allowance last year and you'd be due a rebate. |
Well, to complicated things I started ANOTHER new job in April this year after my previous contract ended.
Thanks for the advice everyone. | | | |
Login to get fewer ads
| Tax Rebates on 17:16 - Aug 6 with 875 views | Benny_the_Ball |
| Tax Rebates on 10:27 - Aug 6 by BazzaInTheLoft |
Well, to complicated things I started ANOTHER new job in April this year after my previous contract ended.
Thanks for the advice everyone. |
Being the good socialist that you are, I'm sure you won't mind the state keeping any over payment to spend on others in greater need.  | | | |
| Tax Rebates on 18:20 - Aug 6 with 817 views | PunteR |
| Tax Rebates on 17:16 - Aug 6 by Benny_the_Ball |
Being the good socialist that you are, I'm sure you won't mind the state keeping any over payment to spend on others in greater need. |
Behave Benny.
Bazza don't do It!! | |
| Occasional providers of half decent House music. |
| |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
