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Tax. Self assessment

(29 Posts)
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Allira Thu 26-Jun-25 11:58:36

I just remember reclaiming tax I hadn't realise I was owed about a week before the deadline.
It wasn't much but very welcome at the time.

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karmalady Thu 26-Jun-25 11:55:34

oh yes Allira, I am not going backwards. Only this year was my brain be-fuddled wrt dates of paid interest and that is when I looked into not doing self-assessment, like my sister who has more savings than me and has not done self-assessment for years

Thanks for the info

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Allira Thu 26-Jun-25 11:49:07

If it was a wrong assessment in previous years too, you could reclaim overpayments.

I believe up to seven years back tax can be reclaimed if wrongly taken. Of course, if the amount was too little, HMRC can go back 20 years I think so be careful.

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karmalady Thu 26-Jun-25 11:42:12

I always thought I needed to do online self- assessment, there was a need in the past and I continued, year on year but this year I decided to ask the tax people. There was an online form via gov gateway

It took a while but I had the written answer I needed, I am very relieved. No more `pit of the stomach` feeling, no more self-assessment

It did say on that form that this would apply next year so I dutifully filled in the 24/25 assessment online

I must have made mistakes because I have just looked and they have done my assessment and the amount I need to pay by jan 31st 2026 is half what I assessed

Its a weight off me and is definitely worth asking

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