While there are literally millions of people in the UK who at one time have over paid their taxes, it is never easy to claim your over payment refund.  Whenever you owe the government tax, they will be on to you in double quick time, but it is not quite so simple when it is the other way around.  This begs the question, are you paying the correct tax?

There are a number of reasons why your tax code may change throughout your life time, which include marriage, age, retirement, etc.  As you would expect, the authorities are very keen to put the onus onto you to ensure that your tax code is correct.  In the event that you have been charged too much tax, then you are able to apply for a rebate, but this can often be a long and tedious process bearing in mind there are potentially millions of UK residents in the same situation.

To ensure that your tax code is up to date, it is vital that you check the tax code on your next pay slip against the codes listed on the following internet page :-

UK Tax Codes

Is it correct? Does it relate to your situation?

There are also an array of tax free allowances which you may be able to utilise which are listed on the internet page below :-

UK Tax Allowances

It is essential that you monitor your tax situation, what you are paying and what you expected to be paying.  If you don’t help yourself, you can guarantee that the authorities wont!