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Posted: Mon Oct 06, 2008 6:20 pm
by nokia
Goodafternoon..
I overpaid my tax in year 2008 and am geting a tax rebate of £568.21 when I pay it into my bank do I have to inform my I.P ?
Thanks in advance..
Posted: Mon Oct 06, 2008 6:22 pm
by MelanieGiles
Yes you will need to inform your Supervisor of your tax rebate. Are you on the CIS scheme?
Posted: Mon Oct 06, 2008 6:55 pm
by Fox84
Would an overpayment in tax not have a direct afefect on disposable income as opposed to the IVA payment, surely any over payment in tax should go direct to the debtor?
Totally uninformed view BTW!
Posted: Mon Oct 06, 2008 7:32 pm
by MelanieGiles
I agree - I just said that they would have to inform their Supervisor! Not hand the money over.
Posted: Tue Oct 07, 2008 7:52 am
by David Mond
Your net income in that pay day will be increased by the tax refund. You certainly don't have to pay it over, but as Melanie says inform your Supervisor