tax refunds and rebates as HMRC send letters to households across the UK advising people that they’ve either paid too much, or too little tax during the 2019/2020 financial year.
These P800 letters are usually sent out between June and October after the end of the tax year, with most expected to arrive in September.
But it’s not all about workers overpaying tax, those receiving a pension may also be entitled to a refund. Pension payments are paid to you from the date you retire for the rest of your life, usually on a monthly basis.But there are other ways to receive it, including a lump sum distribution - this is a one-time payment from your pension administrator.
Read more on dailyrecord.co.uk
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