Returned from the UK and Need to Claim your Tax Back?
Chances are that if you have worked in the UK that you are due a tax refund. The UK tax year runs from the 6th of April to the 5th of April the following year. If you were a standard PAYE employee your tax would have been deducted from your take home pay in each pay cycle. However, your employer would have calculated your tax payable on a full year’s work and that is why if you didn’t work a full tax year, you will be owed money by the UK’s Inland Revenue department.
Contact the Australia Office | Claim Your Tax Refund Now
What do you Need to Claim your UK Tax Back?
To start off, you’re going to need a National Insurance Number. We can help you with this, see our help guide to National Insurance Numbers. Secondly, you’re going to need some paper work from your old employers. When you leave a job during a tax year your employer will issue you with a P45. This document lists your income and tax deducted from this employment. When a tax year is completed your employer at the time will issue you with a P60, this document will list your income and tax deducted by this employer over the past 12 months. If you lost these documents don’t despair as we can usually assist in obtaining replacement documents for you.
Contact the Australia Office | Claim Your NI Rebate Now
Tax Refund Calculator
This tax refund calculator provides an estimate of your tax refund based on the information you enter.
What to Do Now?
If you’re in Australia or New Zealand, call our Australasian office. If you have the documents, mentioned above, we will be able to give you an estimate of your tax return. Since we are a registered tax agent in the UK we can help you to obtain your tax refund. Our services offer a “No Refund No Fee” policy, meaning that if there is no tax refund due to you, we won’t charge you for our service. Our service includes a 12.5% fee, with a minimum of £80 plus VAT. However, if you are in Australia or New Zealand and would like your tax refund deposited into your account in your home country we won’t charge you any VAT.
What’s the Difference Between A Tax Refund and A National Insurance Rebate?
A tax refund is money returned to you by Inland Revenue as a result of you being over taxed, which is usually a result of leaving your employment during a tax year. Working in the UK means that in addition to paying UK tax, you will also be required to pay National Insurance (NI) contributions.
These contributions are much like compulsory superannuation in Australia and are made by your employer on your behalf to the national retirement and welfare fund. These contributions are your way of ensuring that when you retire in the UK there is a pension available to you. If like most of us you don’t intend on retiring in the UK, you will need to tell the UK government to put these contributions in your own managed fund so that you can take them home with you some day, this is what is known as a National Insurance Rebate.