Reclaim Overpayed Tax Now – It’s Easy!

Earlier this year a letter came through my door with a cheque for 890 pounds. It was my tax return.

Contrary to popular belief claiming tax back, without the help of a third-party company, is easy.What’s not easy, is finding the right information of how exactly the whole process works, what is required of you and how to check if it’s worth it.

Once I dug out the answers from between the adverts of companies that wanted to handle my claim for me I quickly formed an easy-to-follow action plan, which I’m delighted to share with you below.

The Tax Claim Action Plan

1. Find your P60 for the year in question. You can claim to up to 6 years back. Evaluate if you may be owed money (see resources below if you need help).

2. Find the address of the correct HMRC branch. Your employer can provide you with this information.

3. Write a cover letter. You can use this example as a template:

Overpayed Tax Claim – Cover Letter Example

4. Attach the original P60 and any other relevant documents. HMRC will make copies of all documents you supplied and will send them back to you.

5. Send it off by registered mail.

What Happens Next

It will take anywhere from 7-28 days for HMRC to process your claim. HMRC response will clearly state if your claim was successful and will be supplied with a document explaining how their calculations were made.

If HMRC has found that they indeed own you money a separate letter with a check will soon follow.

Other Resources:

• Money.co.uk » Are you paying too much tax?
• HMRC » Have you overpaid tax through your job?
• HMRC » Tax refunds and reclaiming overpaid tax
• HMRC » Contact Details

Don’t you also find the UK tax code unnecessarily confusing?

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