Estimate your UK tax refund based on income and tax paid. Calculate potential refunds and understand tax relief claims.
Tax refunds occur when tax paid exceeds tax liability. Overpayment results from: excessive PAYE deduction (employer withholds too much), unused allowances, eligible deductions. Self-employed individuals often receive refunds after accounting for expenses. Personal savings allowance reduces taxable interest for basic-rate taxpayers. Dividend allowance (£500) excludes dividends from taxation. Gift Aid claiming increases charity donations' tax relief. Marriage allowance transfers unused allowance between spouses. Understanding refund eligibility and claiming processes recovers money owed.