Tax Returns and Tax Refunds

Tax return

The government in the UK is committed to providing a certain standard of living to its citizens, but to ensure that its policies are upheld fairly, it asks certain individuals and all organisations to file a tax return.

What is a tax return?

A tax return is a document that tells HM Revenue & Customs (HMRC) about your income and capital gains (profits on the sale of certain assets).

Tax returns also give details of any tax allowances or reliefs that an individual or organisation claims. This document is submitted annually and shows the government that such parties are paying the right amount of tax on their income and assets.

Who needs to complete a tax return?

Not everyone has to complete a tax return. Apart from a few exceptions, only the self-employed, company directors, those earning over £100,000 per year and those receiving income from overseas must submit the document. There are heavy fines for those who do not send in these accounts by the set deadlines. For more information, visit

Tax refund

Occasionally, you may pay more tax than is necessary and, in these instances, you will be entitled to a tax refund from the government.

What are tax refunds?

tax refundIf you have overpaid on tax then you will be entitled to a refund amounting to the sum of the tax which you have overpaid. You may have overpaid if you change jobs often or have more than one job at the same time.

Other reasons include if you started a new job with an emergency tax code, or if your employer was using the wrong tax code.

How do I know if I am entitled to a tax refund?

If you’ve paid more than your wage would demand, then you are entitled to claim a tax refund. Work out how much tax you should be paying by reading ‘Tax Thresholds’ and see the following steps if you believe you have overpaid.

How do I claim a tax refund?

To claim a tax refund, contact HMRC on 0845 300 0627 and explain why you think you have paid too much tax. They will assess your claim and may ask for supporting evidence. They may also already have the information that they need to process your claim. There are agencies available that make the process quick and simple for a small fee.

Find out about our service at If no refund is available you will not be charged.