29 May 2015

A question about : Do HMRC pay interest on overpaid tax

I retired on 21/4/14 accepting voluntary redundancy and paid over Ј6000 in income tax on the excess over Ј30000.I am receiving Ј9000 per annum occupational pension and this is my only income.I contacted HMRC to reclaim overpaid tax explaining what my taxable income for 2014/2015 would be and could I have rebate of overpaid tax of over Ј3000.They refused but at least stopped taxing my pension.Am I entitled to interest when I eventually get this overpaid tax back after April 6th 2015 as they will have had most of my money for at least a year?

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