If you have paid too much tax, perhaps because of an error on a tax return or because you believe an amount assessed by HMRC was incorrect, there are ways to reclaim the overpaid tax.
As a general rule, claims for refunds cannot be made more than four years after the end of the relevant tax year. For example, a claim relating to the 2021/22 tax year would need to be made by 5 April 2026.
However, in certain circumstances it may be possible to reclaim overpaid tax through a process known as overpayment relief. This involves making a formal claim to HMRC and acts as an important safeguard for taxpayers.
HMRC has recently updated its guidance to help individuals submit successful claims. Any claim for overpayment relief must be made in writing and must clearly state:
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that the claim is for overpayment relief
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the tax year in which too much tax was paid or assessed
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the reason why too much tax was paid or assessed
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the amount believed to have been overpaid or over-assessed
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whether an appeal has previously been made in relation to the same payment or assessment (the term “appeal” must be used)
The claim must also include a declaration confirming that the information provided is correct and complete to the best of the claimant’s knowledge and belief, and it must be signed personally.
It is important to follow the correct process when making a claim. If you believe you may have paid too much tax in previous years, we would be pleased to assist you in reviewing the position and preparing a claim where appropriate.