Work in London. Tax refund: Paye, P45, P85

Steps to follow in order to recover the taxes deducted from your salary. 


Probably once you've checked your "payroll", you've realized you are paying a considerable amount of taxes ; which you may not know  is that you have the right to recover part of them.

In contrast to Spain, where the employer is responsible for the management and repayment of taxes on final settlement in England is the worker who is responsible for these matters.

In this article we focus on the "Income Tax" and PAYE (Pay As You Earn) tax that is deducted from wages, according to the annual gross income of a person.

When can I get my money back? 

English fiscal year runs from 6 April one to 5 April the next year. You can only claim taxes from fiscal years when you have not worked completely and you can recover the taxes of the last 6 years.

Steps to follow. 

1. Going to the Tax Office that suits you: Find out when the tax office where you belong, because there you must submit your application by mail. The Human Resources department of your employer can give you that information. If you have worked a while and have received a P60, you will find information on that form.
2. Get the Form P45: The employer or the HR department will provide you this document when you stop working, with the final pay settlement. Contains information regarding gross pay you received and your monetary contribution in the current fiscal year, when leaving your workplace. This is information that the tax office use to calculate your refund. You must send the original parts 2 and 3 and stay with part 1 for your own records.
3. Form P85: This type of form is used when you leave the UK, do not plan to return in the short term and warrant that you will not keep any business in England, that is subject to taxation. In this document, you must include your English account number, the other option is to recover your money through a check. You can download this form through the website of the "HM Revenue & Customs".

Once you've completed documents ...

Once the form P85 has been completed, you must mail it to the appropriate tax office, along with parts 2 and 3 of form P45. It is advisable to include a note where you explain that you have left the country with no intention of returning in the short term and that's your right to get your money back, but includes an estimate of the money that you have to be repaid. It is advisable to send these documents by certified mail as you send the original parts forms.

For more information: http://www.hmrc.gov.uk/

To find job and accommodation in London: http://www.come2england.com/