A comprehensive selection of tax resources:
PAYE Tax
Seafarers (FED) Tax
Non-Residents Tax
Self-Employment Tax
Students Tax
Guernsey Tax
Tax Forms
Tax FAQ
Tax Glossary
Tax Tips
PAYE: September tax refunds
HMRC have issued guidance on how employers should deal with tax refunds following the increase in the personal tax allowance, which is due to take place in September. Author: Sarah Laing Editor, Ta...
Impending Deadlines
Monthly PAYE/NIC/CIS tax to 5th September due.
Welcome to the PAYE tax area. All you need to know about your employment income and tax is here. Check the PAYE tax sections below and find out more about claiming a P45/P60 refund, getting the relevant tax forms or making a tax calculation. If you have a specific query about PAYE tax, you can ask a professional tax adviser and we will get back to you within 12 hours.
Tax Aid for employed persons - the PAYE Tax System (P45/P60)
Pay As You Earn (PAYE) system is a method of paying income tax. It concerns employed persons - your employer deducts tax from your wages at source (before paying the wage) and sends the tax to HMRC, so normally you do not have to file a Tax Return. Those deductions may differ from your final annual tax liability, so any overpayment is reclaimable.
The Tax Code is issued by HMRC and tells your employer how much tax they must deduct each week or month. NOTE: If the tax office does not have enough information they can issue a wrong tax code or an emergency tax code which usually means you are paying too much tax. So, if your code does not work correctly, you can claim a tax refund.
Most important reasons for a PAYE tax overpayment are: you started or left a job part way through the tax year, your employer was using the wrong tax code, you were unemployed for part of the year, you had more than one job at the same time, etc.
Claiming a PAYE refund can be done by completing a few tax forms and sending them to the tax office. NOTE: you must have the P45/P60 vouchers from your employer(s). To ensure you get the maximum possible refund and avoid mistakes and delays, we recommend that you use professional help.
PAYE Tax Calculations
If you think you have overpaid P45/P60 tax in any of the last 6 tax years you can use our Tax Calculator - a handy online tool which will help you check your status.
PAYE Tax Forms
The most popular tax forms concerning employment income are P91, P50, R38, P85, P86, etc. The particular tax form you need will depend on your circumstances. For more details, please contact a professional - TaxUndo Ltd will provide you with free advice on UK tax forms in 12 hours
More questions on PAYE tax?
If you have a specific question about your PAYE tax you can ask a tax adviser right now! TaxUndo will provide you with a free consultation in 12 hours.
