Getting money back from the taxman

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We were chatting in the pub last night, and the topic of tax rebates come up (as it does). Someone said that the form you get at the year end, you take that along to someone, and the tax man give you money back that they owe you.

Now, none of us knew REALLY what we were talking about, and since I can't remember what the form is that you get at the year end telling you how much you've earned is called (is it a P60?) Google turned up nothing at all.

Is this all a big lie, or can I really get cash from the taxman?

― Johnney B (Johnney B), Tuesday, 16 March 2004 08:29 (twenty-two years ago)

i got $800 last year!

― jeremy jordan (cruisy), Tuesday, 16 March 2004 08:38 (twenty-two years ago)

but i think it's just cos i earn hardly anything

― jeremy jordan (cruisy), Tuesday, 16 March 2004 08:39 (twenty-two years ago)

Your employer will do your P60 at the end of the year. If your tax code is found to be different to how you were taxed PAYE style, you will get
1) a bill for the shortfall, or
2) an arrangement on your next year's PAYE schedule, or
3) a nice cheque for the overpayment.

I got £1200 back last year. Which was nice...

― mark grout (mark grout), Tuesday, 16 March 2004 09:25 (twenty-two years ago)

You can indeed get tax back from "the man". I came home this past Saturday and received a letter from Inland Revenue containing a cheque for £144!

I wrote a letter a couple months ago with my P60 and another form (P45?) about my date of arrival in the UK (I'm from Canada but allowed to work here). I only worked part of the calendar year and earned well below the basic deductable, so I was entitled to my tax back. A pretty basic process, actually.

― Rob Bolton (Rob Bolton), Tuesday, 16 March 2004 09:44 (twenty-two years ago)

I got £1123 a few weeks ago!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

― mei (mei), Tuesday, 16 March 2004 18:15 (twenty-two years ago)

I would normally get back something, but the freelance work skews that. I have to calculate this weekend, hopefully won't be too bad.

― Ned Raggett (Ned), Tuesday, 16 March 2004 18:17 (twenty-two years ago)

$2100 this year. My friend and his wife got $6000 back!

― Chris 'The Velvet Bingo' V (Chris V), Tuesday, 16 March 2004 18:25 (twenty-two years ago)

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