HMRC Repayment Timescale

[Mattt]

Submitted my online SA today (was only advised to do it recently) via Taxcalc program.

Should have a refund of just over £1k, any idea how long it will take into my bank?

[Eric Mc]

Did you tick the "please refund any overpayments to my bank account option"?

If you did, you should have it back within two weeks.

[Mattt]

Yes, and thanks

[Mattt]

Still nothing, I guess they are looking into it carefully?

[Eric Mc]

Chase them up and ask why it hasn't been repaid yet.

[Mattt]

They said it’s supposed to have been paid already, but keeps being held back for some reason. I was promised it would be paid today, but nothing has appeared in the bank.

Do they add on interest automatically when they pay late, and what qualifies as late?

[SGirl]

http://www.dailymail.co.uk/news/article-1257787/Re...

They used to add interest, yes, but now the BoE base rate is "zero" (their words), they don't bother.

I was waiting for 5 months following confirmation that a tax refund was due to me.