I had a lump sum payment from a pension. This had tax deducted but also meant my tax code was changed for the monthly payment I receive which means I will have overpaid tax this year. Is there any way the tax code can be corrected or do I have to wait until the end of the year for the repayment? Will this affect my tax code next year or will it revert back to 1257L?
Would you expect interest to be paid on the following? Tax on CGT paid on property disposal during 21/22, subsequent sales of shares gave losses and therefore overpaid CGT for the year. Tax return for 21/22 submitted and request for refund of overpaid tax sent in September 2022. Refund not paid until May 2023 without interest.
It is interesting you said they would pay interest on the overpayment. My husband waited 8 months after requesting the refund - there was no interest paid on it. I have this morning been on Twitter to their customer services to be told interest would automatically be included if it is due. I said it was a manual payment and they had taken so long to do the repayment I would have thought interest should be included. The reply I got was interest would have been paid if due and they were working hard to clear the backlog. I still think interest should be paid. Don't expect interest.