Tax Rebates Explained
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Tax Rebates Explained

If you have been working, a tax rebate from HM Revenue and Customs will occur when income tax has been overpaid. There are a number of reasons why this could have happened:

  • You might be a student and have earned less than the tax free allowance.
  • You start a new job on an emergency tax code.
  • HM Revenue assigns the wrong tax code to your employer
  • HM Revenue made an assessment, for example, for a self-employed person, which was too high
  • Your circumstances change, E.G. you marry, become a single parent
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