myedsore

Ok does anyone know how much tax can be claimed back when leaving the UK if you are not going to be working the full year? Can it all be claimed back? Any help and info would be appreciated.
Cheers
Mark

wargod

I am leaving in a couple of weeks so i would also like an answer - anyone...?

utopia

Hi Guys,
I was also wondering the same thing... I believe if you go into the Inland Revenue website it gives you the info you need.. there is a form thats needs to be filled out and returned.

But with all the immigration stuff I must admit I haven't read up on it completely...just no time.

Anyone that has just submitted their Tax Returns or knows how to go about it... and roughly how much you get back please, please shed some light.

Kind Regards x

Bosshogg

Here's the website:

http://www.direct.gov.uk/MoneyTaxAnd...234&chk=tfBi9M

utopia

Thank you so much for a quick reply...

Poppy

There are a few companies that deal with tax advice for UK and Oz, I know Collett & Co do it and they can help with tax returns in Oz, tax file numbers and all sorts. If you do a search on google you will find them. Alan Collett often replies to posts on here. You could email him and see what he would charge for some advice, he sounds very knowledgable and is always helpful.

Good luck

MummyKarin

Thanks for the link and info, I have to claim mine back as well, it is not a lot of money but better than nothing, I guess..

jond

Hi once you have completed the P85 it only takes acouple of weeks. We went in November and I got back £700.00 and my Wife got about £625.00.

They will pay it direct into a bank account for you or send a cheque..

John

P.S
It didn't stop them sending me a demand for £12500.00 2 months later though

pete jackson

Great link and info everyone, I was just going to go into town to get the forms but may as well print the p85 off now and wait until I get my p45 to fill it in. Pete.

Buzzy--Bee

Wwhether you get it all back or not depends on how much you have paid and the timing of when you stop earning.

Your tax free allowance is about £5000 and it's not pro-ratad so if you have paid less tax then this you will get it all back. For people paid averagely well that would mean stopping earning somewhere around May/June/July.



Buzzy

wargod

Groovy - i am leaving July 9th

Buzzy--Bee

OK so here's the good news. For the first £7035 you earn gross from April 6th you will only be taxed £200. 1st £5035 is taxed at 0%, next £2000 is taxed at 10%.

You will actually pay the tax, then have to claim it back, but this will be the net result.

This to my mind is an equation well worth considering when deciding when to leave the UK.



Buzzy

wargod

So essentially you would get back £200 (assuming you've earnt exactly £7035 gross) by (in my case) July 9th?

Buzzy--Bee

Wrong!

You would get back all the tax you had paid, except £200!!!!

Look at your payslips, see how much tax you pay vs your gross salary. You'll get almost all of it back!

So in my case it would be a few grand as I'm a 40% taxpayer.

Wargod, PM me your gross income and amount you were taxed from your last payslip if you feel comfortable doing that and I'll work out how big a payout you'll get.



Buzzy

wargod

Kin' ell - i dont have any slips with me, but that is well good news, i too am a 40%er (just) and that is well tasty !