I'm owed quite a few hundred quid back off the taxman.
Do I have to contact them or is it sorted out automatically ?
When will I receive the cheque ?
TIA
You'll have to contact them. They can't possibly know all your tax affairs unless you tell them - Building Society interest, Share/Fund Dividends, Rental income, Personal pension subscriptions, Foreign income, Panama Investment Trusts - So how can they know how much tax to refund you?
You don't say the nature of the overpayment, but, if it's a simple PAYE matter they can either refund the money directly into your bank account, or adjust this years tax code so that you 'underpay' this years tax to compensate for the 'overpayment' last year. If the overpayment is complex then you'll probably end up filling in a self assessment form, and they usually refund the overpayment within about 6 weeks.
PAYE
I have 2 jobs on the books so to speak.
The 1st never reaches the weekly taxable threshold per week.
As for the 2nd one, I was taxed 20p in the pound from the first penny (emergency tax / NI contributions).
Worked out at a average of £18 a day plus top notch NI contributions
Yes, I know I could have rang them in the first week to change it but left them to it and treat it as a little savings scheme
Owed just under 600 quid since I never reached my tax code allowance and have sweet f all else
Also in the process of sorting out a P87 since I have to wash my own uniform and with one of the jobs, i'm working away with no permanent site address so looking into food etc.