How Your Employer Could Snag You A Tax Refund
When it comes to tax refunds, you probably think
“My employer sorts out all of this tax code stuff, and if I was due a tax refund I would have got it in the post, right…”
Like most of the U.K., you probably think this too, and that you aren’t due a tax refund because your employer sorts it all out…
Your employer has to use the tax code they’re given by HMRC. If the code’s wrong, your employer can’t do anything about it. It’s up to you to check the code and make sure HMRC has given them the right one. If it’s wrong, it’s your responsibility to get it corrected as soon as possible.
This sounds a little bit unfair, doesn’t it? But that’s the way it is – this article explains the whole ‘tax refund is your problem’ business in more detail:
http://www.thisismoney.co.uk/money/bills/article-2174956/Taxman-set-make-YOU-responsible-checking-tax-code-leaving-risk-shock-bills.html
All it takes is for HMRC to send your employer the wrong code – which we find happens to more than 1 in 3 people.
To find out if you’re on the right tax code, and keep the peace of mind that you aren’t being overcharged tax, simply press the big green button at the top of the page!
Our Average Tax Refund For Clients Is Over £206!
