Millions Overpaid Tax, Struggling to Get Refunds

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Millions Overpaid Tax, Struggling to Get Refunds
TAXHMRCREFUNDS
  • 📰 TheSun
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Over 8 million workers have overpaid tax in previous years, according to The Sun. Many are struggling to obtain refunds due to HMRC's overwhelmed system. The tax code, which dictates tax-free allowances and tax rates, can be complex and lead to errors. While HMRC sends P800 letters to notify individuals of overpayment, the process for reclaiming funds can be lengthy and frustrating.

OVER eight million workers received hundreds of pounds in overpaid tax back in previous years, The Sun can reveal.Major charity could close more than HALF of stores in latest blow to high street

Around 2.32million repayments were issued to people who filed self-assessment tax returns over the same period totalling £5.2billion, our FOI request found.expert Martyn James said: "The fact that HMRC can't say definitively how many people have overpaid tax tells you all you need to know about the complexity of the current tax regime.

If you are on the wrong code, the tax office will often put you on an emergency tax code until you contact them about changing it.

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TAX HMRC REFUNDS TAX CODE OVERPAYMENT

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