got a tax rebate

hiya people, just had to share my good news. while at work we were all checking our pay statments and I noticed that I pay £150 a month tax more than everyone else. my tax code is BR (bloody ridiculous) I assumed it was because I was in receipt of tax credits. anyway phoned pay office to be told it stands for basic rate. I then phoned tax office and I have a cheque winging its way to me for 2 years overpayment of tax and when I get P60 in a couple of weeks I have to send that off and get another years tax refunded then get a new tax code. so not only will wages increase by £150 each month approx I will also get thousands in lump sums. woohoo happy happy bunny. not selling bike anymore or kids

[Luckypants]

Whoo Hoo!!!! Congrats!!!!


I always check my tax coding and tax like a hawk, I'm tight that way, don't like them getting a cent more than absolutely needed.

BR being Basic Rate or "emergency tax." It's the tax rate you pay when they haven't sat down, put a finger in the air & said that you should be paying £250/month

I wouldn't expect thousands, maybe a couple of hundred, but certainly not thousands.

Congrats though anyway

Cool! Chuffed for you!

that is brilliant news nice one matey

Originally Posted by Baph

BR being Basic Rate or "emergency tax." It's the tax rate you pay when they haven't sat down, put a finger in the air & said that you should be paying £250/month

I wouldn't expect thousands, maybe a couple of hundred, but certainly not thousands.

Congrats though anyway

I don't know, I had something similar and did okay out of it!
Good Luck with whatever you get.

always nice to have something back from the tax man

that's fab

[SoulKiss]

Beers are on Kitkat

I would back up what Steve H said, it can quite easily be thousands....i got back nearly 2k a year or so ago.