Claiming tax relief for previous years


B

BrianW

I have omitted to claim high rate tax relief for my company pension
payments for the last 4 years, because I was originally under the
impression that this would be handled automatically. I have in recent
years completed my tax returns online. Can I claim retrospectively
online, or do I need to ask them for a form, and if so is there a
special form you have to complete? An email question to Revenue £
Customs was filtered out by their "it's too hard" software, and I was
told to phone my local tax office.

Rather than sit at the end of a phone for an hour listening to music,
does anybody here know how to go about this please? Any help greatly
appreciated.
 
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J

Jonathan Bryce

BrianW said:
I have omitted to claim high rate tax relief for my company pension
payments for the last 4 years, because I was originally under the
impression that this would be handled automatically. I have in recent
years completed my tax returns online. Can I claim retrospectively
online, or do I need to ask them for a form, and if so is there a
special form you have to complete? An email question to Revenue £
Customs was filtered out by their "it's too hard" software, and I was
told to phone my local tax office.

Rather than sit at the end of a phone for an hour listening to music,
does anybody here know how to go about this please? Any help greatly
appreciated.
Basically you have to amend your returns. You can go back 6 years.
 
A

Andy Pandy

BrianW said:
I have omitted to claim high rate tax relief for my company pension
payments for the last 4 years, because I was originally under the
impression that this would be handled automatically.
It is, nearly always. If it's a company pension and you're in PAYE the payments
should be deducted from your salary before tax is applied. Is this not the case?
 
B

BrianW

Andy said:
It is, nearly always. If it's a company pension and you're in PAYE the payments
should be deducted from your salary before tax is applied. Is this not the case?
I originally thought that the tax would be refunded at the prevailing
rate (in my case 40%), but I was wrong. Basic rate tax is refunded, but
you have to apply for 40%.

As to how I go about it, I now have the definitive answer from the
horse's mouth. Send all relevant P60s to the tax office with a covering
letter explaining the situation and your NI number. That's if you can
find the relevant P60s after several years...
 
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A

Andy Pandy

BrianW said:
I originally thought that the tax would be refunded at the prevailing
rate (in my case 40%), but I was wrong. Basic rate tax is refunded, but
you have to apply for 40%.
Well it's a very weird "company pension" then.

Aren't the pension payments deducted from your salary? Don't you get totals each
month for "Gross pay", "pension payments", and "taxable pay", where "taxable pay" =
"gross pay" minus "pension payments"?

If so, you ARE getting full tax relief on your pension payments already.
 

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