The Retirement Thread
13 lurkers |
176 watchers
5 Apr
3:29pm, 5 Apr 2024
75,018 posts
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Lip Gloss
I’m hoping I will get some sort of rebate .
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5 Apr
3:30pm, 5 Apr 2024
53,134 posts
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EvilPixie
lol If I leave in June I won’t be anywhere near the £12570 limit! Even if I only took 4-6 months off I wouldn’t hit the limit That tax could give me another month! |
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5 Apr
3:31pm, 5 Apr 2024
53,135 posts
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EvilPixie
LG you need to ask! Otherwise the assumption is it will be sorted out with next employer
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5 Apr
3:39pm, 5 Apr 2024
39,941 posts
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Ness
That's right. My tax rebate wasn't huge but it helped pay for a new Garmin! 😉😂
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5 Apr
3:40pm, 5 Apr 2024
2,166 posts
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Shades
Lip Gloss - there's a form on HMRC that you can fill out to reclaim tax refund. I finished work at end of the December, and reclaimed overpaid tax at the end of the tax year. Refund was very quick, just a few days. You have your P45 with all the details you need. Today is the end of the tax year. |
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5 Apr
3:43pm, 5 Apr 2024
53,136 posts
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EvilPixie
Shades would I be able to use that too? I got a tax rebate when I went teacher training but called them then |
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5 Apr
3:44pm, 5 Apr 2024
2,167 posts
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Shades
This should trigger your correct tax coding too, you might be paying too much tax on your pension perhaps.
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5 Apr
3:48pm, 5 Apr 2024
2,168 posts
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Shades
Pix - I'm not sure if your trying to get a tax refund before the end of the tax year whether they will issue a refund. How can you confirm that you won't be working for the remainder of the tax year? I'm sure if you look at the form it will tell you in what circumstances they will refund tax. |
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5 Apr
3:49pm, 5 Apr 2024
53,137 posts
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EvilPixie
Thanks!
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5 Apr
3:54pm, 5 Apr 2024
75,020 posts
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Lip Gloss
LG you need to ask! Otherwise the assumption is it will be sorted out with next employer Oh I never knew that thanks. I just thought my self assessment would sort it although right enough that wouldn’t be till next year. |
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- How Much is Enough to Retire On?
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- Free Govt website for pension advice
- SIPP pensions
- ISAs
- Check your National Insurance contributions
- Check your state pension account
- Martin Lewis on pensions
- Support and advice for those widowed under the age of 50
- Power of Attorney information
- Making the most of your retirement
- 20 tips for a happy retirement
- Married Couple's Allowance
- Aviva guide to retirement planning
- U3A
- U3A Local Sites - map
- Make a Power of Attorney
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