Paying tax is a responsibility, but overpaying is surprisingly common, especially under the UK’s complex PAYE and Self-Assessment systems. Many individuals assume that HMRC will refund any overpaid tax automatically. While that’s true in some cases, it’s not always guaranteed.…
Have you received a letter from HMRC telling you that you’ve overpaid tax? This letter, often referred to as a P800, could mean you’re entitled to a tax refund. Knowing how to claim this refund correctly ensures you get your…
Have you recently taken money from your pension and felt confused by the tax deducted? You are not alone. Thousands in the UK unknowingly overpay tax when withdrawing from their pension, especially if it’s their first time accessing the funds.…