We got the £60 tax refund!!!

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flashingblade

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Post by flashingblade » Thu Sep 11, 2008 9:11 am
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Just to let you know my hubby received his £60 tax refund in his weekly wage today, so everyone else should receive theirs if their wage is paid monthly. Nice to have a bit of good news!!

Sorry if ive posted this in the wrong place!
IVA in 2007 - failed in 2008.
BR on 11th Nov 08
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Skippy

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Post by Skippy » Thu Sep 11, 2008 9:15 am
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Nice one Flashingblade! I'm not optimistic I'll get mine - our accountant said no-one was actually getting any extra! I'll keep an eye on my tax code and see what happens!
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kallis3

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Post by kallis3 » Thu Sep 11, 2008 9:27 am
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Hopefully we will get ours at the end of the month. Makes a change to receive something instead of paying it out!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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chefchic

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Post by chefchic » Thu Sep 11, 2008 10:14 am
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my husband got his today!!! will be waiting in anticipation for my payslip next week!!!!!
swimming through the tide til i reach calmer waters
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kallis3

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Post by kallis3 » Thu Sep 11, 2008 11:39 am
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Don't see why you shouldn't get one Skip. It's supposed to be for everyone in the normal tax band, but not those on the higher rate.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Skippy

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Post by Skippy » Thu Sep 11, 2008 11:59 am
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I'll get it eventually, but it depends how long it takes them to get sorted out - the accountant isn't exactly efficient!
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debtmountain

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Post by debtmountain » Thu Sep 11, 2008 1:56 pm
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Thanks for letting us know flashingblade, look forward to receiving mine, hopefully at the end of the month [:)]
IVA accepted 13/11/2008..17 payments down,55 to go..
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Til

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Post by Til » Thu Sep 11, 2008 6:25 pm
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OH got his today - woo hoo as we are off for our cheapo caravan for a week in the lakes next week so that will come in very handy! [:D]

Hoping I get mine next week when monthly pay kicks in!!!
"Hope is the feeling you have that the feeling you have isn't permanent." - Jean Kerr

IVA approved Aug 2008 - 6 year term - last payment made 6 Oct 2014. CC received 14 Nov 2014.
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fuzzy_dunlop

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Post by fuzzy_dunlop » Thu Sep 11, 2008 7:17 pm
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who qualifies for this life changing amount of money ?[:D][:D]
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credit allergy

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Post by credit allergy » Thu Sep 11, 2008 7:34 pm
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I expect you have to pay tax on it!
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look_divine

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Post by look_divine » Thu Sep 11, 2008 10:04 pm
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i paid no tax today and also received £6.80 refund
woooohoooo so think im about £55 better off this week (paid weekly)
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kallis3

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Post by kallis3 » Thu Sep 11, 2008 10:38 pm
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Fuzzy, it's anyone paying normal rate tax, not the higher rate.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Kazzy E

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Post by Kazzy E » Thu Sep 11, 2008 10:39 pm
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Hi Guys, If you pay tax at the basic rate of 20 per cent:

The changes take effect from the first pay day on or after 7 September and equate to a tax saving of approximately £120 over the course of the tax year. If your September pay day is on or after 7 September, you will pay up to £60 less tax that month. If you’re paid monthly and your September pay day was before 7 September, you will pay up to £70 less tax in October. How much your tax reduces will depend on how much you’ve paid already – and in some cases you might get a repayment as part of your pay.

After this if you’re paid monthly you will pay up to £10 a month less tax and if you’re paid weekly you will pay up to £2.30 less tax. (The actual figures will depend on your income.)
If you pay tax at the higher rate of 40 per cent

The changes only benefit basic rate taxpayers.

Hope this helps.

Kazzy x
There is light at the end of that dark tunnel. Promise.

Visit my blog at: http://kazzy.blogs.iva.co.uk/
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facingittogether

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Post by facingittogether » Fri Sep 12, 2008 1:35 pm
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hubby got his today woo hoo!

should get mine at end of month - that will pay for room for frugal friends in november!

barb x
12 down - 60 to go! woo hoo!
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Shining

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Post by Shining » Fri Sep 12, 2008 2:33 pm
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I've seen what hubby's got in his pay as I've checked online he he but no idea if it includes the tax rebate, I'll find out Monday when he picks up payslip. He earns different every week due to overtime and location of his work and no good asking me where he was last week as I have a hard job remembering where I was. lol x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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