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Tax repayments - avoid delays in the future

September 22nd, 2009

Many people are experiencing delays in receiving tax repayments due to them, despite their efforts to chase up the Taxman.  Next time you fill in your return, complete the section ‘If you have paid too much tax” even if you know you are not due a repayment.  This will ensure that the Taxman does not put a ‘no repayment’ marker on your file that could slow down a future repayment if he ever actually owes you money.

Providing him with your bank details - securely - will also speed up the process as he can refund the money directly into your account.

The content of this article is for general information only. It should not be relied on and action which could affect your business or personal circumstances should not be taken without appropriate professional advice.