Everyone talks about a tax refund from work. what does that mean in the United Kingdom?
Under Pay As You Earn (PAYE), tax and National Insurance are often taken from your pay and sent to HMRC. If more was taken than you owe for the year, HMRC may repay the difference. A refund is mostly your money returned. not “free money.” Exact amounts depend on your tax position.
Money
Plain answers to everyday money questions, with official links. Not advice.
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