How to claim (and increase!) your P800 refund
If you’ve received a letter from HMRC advising you that you have paid too much tax, you can now claim your refund online by using your Personal Tax Account.
HMRC’s end of year reconciliation process for PAYE taxpayers started on 10th June 2016 and is expected to result in six million letters being issued to individuals who have not paid the right amount of tax. The letters, officially called P800 Tax Calculations, will go out between August and October.
What has changed this year?
Previously, if you received a P800 tax calculation which showed a refund was due, you could expect to receive a cheque through the post a few days later. For 2016, as HMRC continues its “digital strategy”, taxpayers are encouraged to claim their refund online using their Personal Tax Account and have the money paid directly into their bank account.
Check your calculation
If you receive a P800 calculation, it is important to check the income and tax figures carefully against any P60, P45 and P11D certificates you have for the year – the calculations are only as good as the information held by HMRC, which is by no means perfect! Remember, HMRC state that it is your responsibility to spot any errors!
Tip: 3 ways to increase your refund!
Your P800 calculation will not automatically include all of the tax reliefs that may be available to you – HMRC expects you to make a separate claim for these. Here are 3 allowances that could bump up your refund by £1000′s!
- Uniform laundry allowance – If you wear a uniform to work which contains your company logo, you can claim extra tax back to cover the laundry costs.
- Professional fees and subscriptions – If you pay fees to certain professional or regulatory bodies (e.g. RCN, NMC etc), you may be able to claim tax back on your annual fees. This also applies to SIA licence fees.
- Mileage allowance - if you meet the criteria, you may be able to claim up to 45p per mile if you need to use your own car for work. The rules are quite complex so do contact us for professional advice if you want to claim this.
How to claim your refund
If you’re one of the “lucky” ones who overpaid tax last year and you’re happy that the calculations are correct, you have 3 options to claim your refund:
Option 1: Head over to the official HMRC website and follow the steps to request a refund through your Personal Tax Account. To claim online, you will need to sign in using your Government Gateway ID. If you’ve never used HMRC’s online services, you’ll be prompted to set up a Government Gateway ID. Make sure you have the following information to hand
- Your national insurance number.
- P60 for 2015/16, a payslip or your passport to verify your identity.
- Your employer’s PAYE reference number (you can find this on your P60 or P45).
- Access to a landline or mobile (you will be sent a verification code when registering).
- Your bank account details.
Once you’ve completed the online process, the rebate should be in your bank account within 3-5 days.
Option 2: If you’re having trouble accessing your online account, you can contact HMRC on 0300 200 3300 to request your refund (warning: expect long waiting times on the phone!).
Option 3: Wait for a cheque. If you don’t claim your refund online within 45 days, HMRC will automatically send you a cheque for the full refund.
Is “www.gov.uk/p800refund” a genuine website?
Yes, www.gov.uk/p800refund is the new link HMRC use to direct you to the correct page for claiming back overpaid tax.
There are a lot of scams going around relating tax refunds. It is important that you remain vigilant online and never disclose your personal details unless you are sure the website is genuine. HMRC never send out emails or text messages telling you about a refund.
How to get help
You can contact HMRC on 0300 200 3300 or leave a comment below and we’ll do our best to help you out!