Tax Articles
Claiming Tax Back When You Have Stopped Working
More and more people have stopped working over the past 12 months, for reasons such as redundancy, early retirement or to pursue other interests. If you have stopped working at some point within the last 6 years part- way through the tax year, you are probably eligible to claim a tax refund from HMRC. Below we have a compiled a list of common questions and answers: I have stopped working, can I claim any tax back? Yes. If you have stopped working any time within the last 6 years you can claim a tax refund. If, however, you stopped working during this tax year (after April 5th) you will need to wait until the end of the tax year before making a claim. How much Tax can I claim back? Can I claim it all back? This depends on how much you have earned and how much you have paid in tax. Sometimes you can claim back all the tax that you have paid in the year that you stopped working. For an estimate of your tax rebate, you can use our tax rebate calculator. How can I check to see how much my tax rebate will be? On your last day of employment you should have been given a P45 from your employer. On the P45 there will an amount of income and tax paid for the year. Input these numbers into our tax rebate calculator and it will tell you instantly if you are due a tax refund and how much your refund is likely to be. What if I have lost my P45 or my employer never gave me one? Is it possible to claim my National Insurance back also? A portion of your National insurance payments can be claimed and transferred into a private pension. More information is available on our NI rebate pages. Do you have any more questions? If you have a question that has not been answered please send us an Email: stopped_work@taxfix.co.uk
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anonymous - Wednesday, May 12th, 2010
I worked last summer for 3 months, and i earned around £3000 and paid a total tax of around £116, i only worked 3 months because it was a summer job and then attended university. Am i able to reclaim Tax?
TaxFix - Wednesday, May 12th, 2010
Hi Anonymous,
The tax free allowance last year was £6,475. As you earned below this you can claim back all of the tax that you paid!

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