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Posted Thu, 17 Dec 2020 16:43:56 GMT by jb72
In the past I added my bank details should I have overpaid in the FY. That overpayment was then paid into my account. This year I wasn’t asked for these details & it just talked about overpayments going into my HMRC Account. Will HMRC inform me when overpayment put into HMRC account & will I then be able to transfer said monies out? Very little detail on this.
Posted Wed, 13 Jan 2021 17:56:35 GMT by HMRC Admin 10
Hi

It depends what kind of overpayment.

If it is a Self Assessment repayment you can claim the refund online once you have submitted your return.

If it's a PAYE refund then we will write out to you after the tax year has finished with information on how you claim the refund.

Thankyou.

Regards.

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