Tax & P60

[oxford_fan]

Any help with this would be much appreciated.

For 2008-2009 my tax code was 603L which I think means my threshold was £6,030.

In my job in Norwich I earnt £6,038.15, taxed £487.40
In my current job I earnt £2,836.03, taxed £79.60

In total I earnt £8,874.18 and was taxed £567.00

Am I right in thinking that I can claim back the tax on the first £6,030 I earnt, or do I waive that by having earnt above my threshold?

Cheers.

[Talk Talk]

Bash it into this and see where you stand:

http://payecalculator.hmrc.gov.uk/PAYE0.aspx

You won't get a refund no matter how hard you try (bastards) - I overpaid £1k last tax year and all they will do is to change this year's tax code to compensate.

Oh and be careful - I don't know what the NI threshold is but you have probably paid some and that is not reclaimable. It's one big black hole.

[jonny72]

Am I right in thinking that I can claim back the tax on the first £6,030 I earnt, or do I waive that by having earnt above my threshold?

Provided you pass your tax details on (P45 or whatever) when you changed jobs then it would have all been taken care of automatically. From the figures you quoted I'd say you were in effect re-imbursed the over payment by having less tax deducted from your current job.

And as Talk Talk said, they sort any minor discrepancies out with your tax code the following year.

[Bushey Boy]

Id say ring them, I got a large rebate last month which was handy

[STFC_Manc]

Bash it into this and see where you stand:

http://payecalculator.hmrc.gov.uk/PAYE0.aspx

You won't get a refund no matter how hard you try (bastards) - I overpaid £1k last tax year and all they will do is to change this year's tax code to compensate.

Oh and be careful - I don't know what the NI threshold is but you have probably paid some and that is not reclaimable. It's one big black hole.

I overpaid two years ago and got a cheque for the amount I overpaid.  It was not till part way through the following year, that I bothered to sort it out though.

[Simon Pieman]

www.listentotaxman.com

Fill that bad boy in...remember it is from April 06 to April 05.

If you need a refund contact HMRC, you should be able to get a refund, but will probably need to fill in some forms.

[nevillew]

Roughly speaking you should have paid tax at 20% ish on the sum over and above your allowance,

20% of 2800 sounds about right to me. You will have had the benefit of much less tax, or even a rebate on your current job.

[Simon Pieman]

Now I'm more sober I changed myu link so it actually works and had a look to see if the tax was correct.

£567.84 is what you should have paid, so you have nothing to claim back or pay.

[oxford_fan]

thank you all!