TAX REFUND - Tax Refund is amount of money of PAYE tax that you have overpaid during the Tax period. Tax refund is issued by HM Revenue & Customs. back »»»

NATIONAL INSURANCE NUMBER - NI numbers consist of two letters, followed by six numbers, followed by one letter, A, B, C or D. NI number you can find on your pay slips, P45. If you have never had National Insurance number, do not worry, we can accept documents without it. Without NI number claim might take longer to finalise. back »»»

PAYE - employers deduct tax from your wages, and pay this tax to HM Revenue & Customs office. This system is called by them Pay as You Earn (PAYE). back »»»

P45 - The P45 is a certificate providing details from your previous employment. You should get this form at the end of your employment. The P45 is a blue four-part form. You should give us Part 1A, the rest goes to your next employer or you should keep it for your own record. If you have lost this document, we might assist you to get substitute with extra fee. back »»»

P60 - P60 is a certificate of income issued to you at the end of each financial year showing how much money you have earned and how much tax you have paid. If you have lost this document, we might assist you to get substitute with extra fee. back »»»

TAX CODE - HM Revenue & Customs gives Tax Code to your employer and this tells them how to work out how much tax to deduct from your income. Tax Code is shown on pay slips, P45 or P60. back »»»

"BR"/EMERGENCY TAX CODE - HM Revenue & Customs mainly gives BR Tax Code for new Employees. This code indicates that no tax-free allowance has given to you and basic rate tax is charged. You will get emergency Tax Code if your employer is not sure how much you should be taxed. This code is shown on pay slips, P45 or P60. back »»»

HM REVENUE & CUSTOMS - HM Revenue & Customs ensure the correct tax is paid at the right time, whether this relates to payment of taxes received by the department or entitlement to benefits paid. back »»»

TAX YEAR - The financial Tax Year goes from April 6 until April 5 the following year. Do not forget that you can claim back up to six years. (2007/08 starts on 6th April 2007 and ends on 5th April 2008). back »»»

PERSONAL ALLOWANCE - Everyone who lives in the UK is entitled to receive some of their income tax-free. The allowances you receive represent how much income you can receive each tax year tax-free. If you are under the age of 65, your personal allowance for the 2007-08 tax years is £5,225. If your earnings for 2007/08 tax period were less than £5,225, you will get all your tax you have paid. This means that it will not be taxed £5,225 of your income in this tax year. back »»»