If you are working it is possible for you to pay too much earnings tax mostly if you start different jobs often or are employed on more than one job together at the same time. if there is a chance that you have reason to believe that you have been asked to submit higher wages tax procedures are in place to allow you to submit an application for a repayment.

HOW CAN YOU PAY MORE TAX WHEN EMPLOYED?

You will have submitted income tax at a higher tax rate and can get a tax refund if:

1. you are at college or in other education and worked during holidays and did not submit form P38S Student Employees
2. the company you worked for was submitting the inappropriate tax code
3. you only worked for a temporary period of the year
4. you were employed in more than one job together at the same time
5. you ended working and were not earning taxable wages or welfare for the rest of the year
6. the state of your income changed – for example you altered from full time employment to part time work or worked as a self employed worker
7. other income you have seen that was taxed through your tax code, for instance reserves and further income earned has reduced since you last informed the income tax department about it – which suggests the resultant earnings shown in your tax code is too much
8. you got a new role and ended up with a substitute tax code assignment before an appropriate code could be assigned

PAYE (Pay As You Earn) and tax codes

The tax code required is supplied by the income tax department and given in accordance with the financial information they keep related to your income and your entitlement to further income. It is shown on the PAYE coding notice which is sent to you (it is commonly sent to you prior to the beginning of the financial tax year and it may also be sent at different times of the year if your financial status has altered). Not everyone will be dispatched a coding notice but you can also see the code on the P45 or on the pay slip provided by your employer. It tells your employers HR department the amount of tax to be applied to your wages prior to receiving your income. This form of paying your income tax is commonly known as PAYE. If you undertake numerous jobs or you are in a job and receive a pension it means you can have a couple of income tax codes.

CLAIMING BACK OVERPAYMENT OF SELF ASSESSMENT TAX

If you have reason to think that you were charged too much tax on your earnings with the submission of your self assessment read the income tax office guide to see the method to claim back your tax. If the tax office owes you tax back you will get your refund tax settlement by either sending it in your Self Assessment account to offset against your tax repayments in the future or by funds transference or a check sent straight to you in the post

TAX REBATE FOR PAYE OVERPAYMENTS – FROM PAST YEARS

Get a letter sent to your local tax department and include any significant documents about your pay applicable to the income tax year needed for looking to get your tax rebate paid, such as:

1. the necessary required information related to your service and any details of the benefits received to claim a tax rebate
2. P45

Your tax officer will have a look into your inquiry, to review how much the tax department owed you to give you a rebate.

RECLAIMING TAX PAYE OVERPAYMENTS – IN THE CURRENT YEAR

The way in which you to obtain a tax refund in this year will be according to you financial circumstances. There are professional tax specialists who are experts specially in this area to help you get a financial tax refund.

CLAIMING TAX REFUND AS AN EMPLOYEE

Tell your companys local tax office why you somehow feel that you were asked to pay too much income tax. They may previously have everything they may require to help them understand any outstanding tax refund.

If you are out of a job or close to retirement follow the tax office handbook to check how to obtain your tax reimbursement.