When you’re eligible for a tax rebate, the first thing on your mind is likely, “How long will it take to get my money back?” At CANGAF Accountants, we understand how important timely refunds are for both individuals and businesses. A tax rebate, or tax refund, occurs when HMRC determines that you’ve overpaid your taxes or qualify for specific reliefs, and the process of receiving this refund can vary depending on your situation.

In this guide, we’ll break down how long you can expect your tax rebate to take and how CANGAF Accountants can help speed up the process, ensuring you get what you’re owed as quickly as possible.

• Steering You Towards Your Financial Objectives
• Do You Need an Accountant for a Limited Company
• What Does an Accountant Do For a Small Business? 
• Submitting a Self-Assessment Tax Return for Someone Who Has Died
• PPR Tax Relief: Understanding the Tax Code

What Qualifies You for a Tax Rebate?

Several situations could lead to you being entitled to a tax rebate:

• PAYE Overpayment: If you’re an employee or pensioner, you may have overpaid due to an incorrect tax code.
• Self-Assessment Overpayment: If you’re self-employed or fill out a Self-Assessment tax return and overestimate your tax liability, you might be owed a refund.
• Claiming Back Emergency Tax: When you’ve been placed on an emergency tax code, leading to higher-than-necessary deductions.
• Job-related Expenses: Such as uniforms, travel, or use of personal vehicles for work purposes.
• Other Tax Reliefs: Including marriage allowance, pension contributions, or charitable donations.

If you’re unsure whether you qualify for a rebate, CANGAF Accountants can assess your tax situation and help identify any opportunities for claims.

How Long Does a Tax Rebate Take?

The time it takes to receive a tax rebate depends largely on the method used to submit the claim and the complexity of your situation. Generally speaking, the timelines are as follows:

1. Online Self-Assessment Refunds:
   When you file your Self-Assessment tax return online, HMRC usually processes refunds within 5 working days. By working with CANGAF Accountants, we ensure that your submission is accurate, reducing the risk of delays.
2. PAYE Tax Refunds:
   For individuals paid through PAYE, tax refunds can take 8 to 10 weeks once your claim is processed by HMRC. With CANGAF, we can help monitor your refund, ensuring it’s paid promptly through your salary or pension.
3. Postal Self-Assessment Refunds:
   If you’ve submitted your tax return by post, expect processing to take 6 to 8 weeks. However, working with CANGAF Accountants allows you to benefit from online filing, reducing this waiting period.
4. Amendments to Previous Tax Returns:
   If you’ve made amendments to a prior tax return, HMRC typically takes around 4 to 8 weeks to review and issue any refunds. We at CANGAF handle all communications with HMRC, helping to expedite the process for our clients.
5. Claiming Tax Reliefs:
   Whether it’s for marriage allowance or job-related expenses, HMRC can take up to 12 weeks to process claims. With CANGAF, we ensure all necessary documents are submitted correctly and that your claim is followed up on regularly.

How to Track Your Tax Rebate

While you wait, you can track the status of your tax rebate. CANGAF Accountants offers support in monitoring your rebate progress and keeping you updated on the timeline. Here’s how you can track it yourself:

1. Online Account: If you’ve filed online, you can log in to your HMRC account to check the progress of your rebate claim.
2. Check Your Post: If you’ve submitted a postal claim, HMRC will send you written correspondence once your rebate is processed.
3. Contacting HMRC: If your refund is delayed, CANGAF Accountants can contact HMRC on your behalf, ensuring the process stays on track.

Common Causes of Delay

Sometimes, tax rebates can take longer than expected. Here are a few reasons why:

• Errors in Submission: Mistakes in your claim can delay the process. CANGAF Accountants ensures all your information is accurate to avoid unnecessary setbacks.
• HMRC Workload: During busy periods, such as the end of the tax year, delays are more common. CANGAF stays on top of this and provides updates to our clients about their claims.
• Manual Reviews: In some cases, HMRC may manually review your tax return, which can extend the processing time. At CANGAF, we pre-emptively address any issues to minimize the chances of a review.

How CANGAF Accountants Can Help You Get Your Tax Rebate Faster

At CANGAF Accountants, we provide comprehensive tax services to ensure you get the refunds you deserve, as quickly as possible. Here’s how we can assist:

• Accurate Tax Return Filing: By ensuring your tax returns are completed correctly and filed on time, we help reduce the risk of errors or delays.
• HMRC Communication: We handle all communications with HMRC, so you don’t have to worry about following up on your claim.
• Expert Tax Advice: Our team of professional accountants will review your situation, ensuring you’re claiming all applicable reliefs and refunds.

For individuals and businesses alike, timely tax rebates can make a significant difference. Whether you’re dealing with overpaid taxes through PAYE, Self-Assessment overpayments, or claiming emergency tax back, CANGAF Accountants is here to guide you every step of the way.

Contact CANGAF Accountants

Don’t wait to claim what’s rightfully yours. CANGAF Accountants is ready to help you get your tax rebate quickly and efficiently.

Contact Us
CANGAF Accountants
235 Tonge Moor Road, Bolton BL2 2HR
Email: info@cangafltd.com
Phone: 01204 859315