Sunday 8 May 2011

Claim Tax Back When Leaving the UK

Claim Tax Back When Leaving the UK
Claim Tax Back When Leaving the UK

Many people leave the UK for various reasons; to explore a new country or to return to an old one. Whatever the reason, you will almost certainly be due some tax back when you leave the country. Here are the answers to some of the most frequently asked questions on this topic from our professional tax experts:

Who is due a tax refund when leaving the country?
Almost anyone that has worked in the UK, paid income tax and then leaves for an extended period of time will be able to apply for a tax rebate when leaving the country.

Will I be able to Claim all my tax back when leaving the UK for good?
It will depend upon your income for each previous tax year and how much tax you paid. However, you will almost certainly be due a tax refund from the tax year in which you leave the UK.

How can I calculate what my tax refund will be when leaving the UK?
When you finish working you should be given a P45 from your employer. This P45 will show the income and tax figures for the year. Input these numbers into our tax rebate calculator and it will tell you instantly if you are due a tax refund.

What about tax rebates for previous years?
If you have P60s for previous years you can check to see if you have overpaid in these years too. The longest you can claim is for 6 years in arrears.

When can I claim my tax back?
As soon as you stop working you can claim any tax rebate that you might be due.


Read more: Claim Tax Back When Leaving the UK http://www.taxfix.co.uk/forum/articles/claim-tax-back-when-leaving-the-uk.html#ixzz1LjwP1x6X

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