Sentences with phrase «refund of the previous year»

I am no financial advisor but by doing so, you would miss the chance to have tax refund on your tax refund of the previous year.

Not exact matches

For example, if it was too much of an administrative burden for a company to keep track of precisely when it reached the previous year's total payroll, the government simply sent a refund when that business filed its taxes.

LITRG's guide is available from the Group's website via the link: http://www.litrg.org.uk/News/2011/2011-repayments The guide includes: An explanation of who will be getting letters from HMRC Guidance on how to check if HMRC's calculations are accurate Information on what to do if you think the calculation is wrong or incomplete, or you do not understand it Information about how to claim money owed from previous tax years Examples of the letters taxpayers could write in response to receipt of a tax calculation Additionally, a question and answer guide on the 2011 PAYE reconciliation process is available on the website of the Chartered Institute of Taxation: http://tinyurl.com/taxqa2011 LITRG Chairman John Andrews said: «Taxpayers receiving letters from HMRC need to check their calculations carefully — even if the letter says they are getting a refund.

We send organisations a personalised Application for refund of franking credits form (NAT 4131) form in June of each year if they applied for and received a refund in the previous year.

can be checked against our records — for example, the amount of your refund or debt and your taxable income in the previous year.