Marck
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Potential Overpayment of PAYE Tax
Hi there, For the last tax year (April 2023 to April 2024), I worked as a contractor under an umbrella company and received my pay through the PAYE system. My contract ended in November 2023. In the PAYE system, my weekly tax deductions were calculated as if I would continue to earn the same weekly income for the entire tax year. However, since my contract ended in November 2023, my annual earnings were lower than what was projected for tax purposes. Therefore, I believe that I have overpaid my taxes and am entitled to a refund. How do I go about claiming this refund? Thanks!