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Posted Fri, 29 Nov 2024 15:28:46 GMT by Moin Hussain
Hi There, I received a repayment for around £2764 on Feb 2024 for tax I had overpaid on a previous self assessment. Do I need to declare it as income in my upcoming 23/24 self assessment? Thank you
Posted Tue, 03 Dec 2024 09:34:52 GMT by HMRC Admin 17 Response

Hi ,
 
You will only declare the repayment if it was an actual repayment for the 2023/24 tax year.

If the repayment was from your 2022/23 tax return then nothing to declare.

Thank you . 

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