People are always happy when they get overpayments on tax back. There are many reasons why people can end up overpaying taxes but not realize it. Most people who do over pay do not know that they can get a refund even if the filing goes back up to six years.

Sometimes the error made when filing a tax return is something that the person did wrong when they filed. If they used a wrong tax code number, it can result in the wrong amount of money being paid. Sometimes new workers are given an emergency tax code number to use when they first begin their jobs. This number can turn out to be wrong later on.

Other times, the error is a result of the type of industry someone works in. Those who work in the construction field are more likely to have this happen than many others. Students who work occasionally may not have filled out the correct paperwork that can result in errors. People who work more than one job sometimes have overpaid.

People who come from overseas to work in the UK sometimes overpay. They may only work part of a year and then return to their home country. When this happens, they may not be aware that they may be eligible to get some money back.

If the circumstances surrounding income change, it is possible that the tax rate has changed. Sometimes people go from working full time to only working part time. Sometimes, the amount of income from investments and other sources decreases. These situations can make a difference in whether or not a refund is possible.

Considering that it is possible to get overpaid tax refunded for a period of up to six years, it is possible to obtain money from multiple years. Sometimes this can amount to a sizeable amount of money.

Her Majesty s Revenue and Customs, or HMRC, has a website that people can use to find out more information about how to handle tax payments. The site also has information about how to claim money that was overpaid from previous years. Alternatively, there are companies that can do this for businesses and individuals if people do not want to handle it on their own. They make the process easy by having the user fill out some information and they take it from there. For many people, this works very well particularly if they are the type of person who finds things like this confusing. People who think they are entitled to tax back may want to look into it.