FinSol Tax Advisors is a leading firm of Sales tax advisors and we provided affordable accounting and taxation services throughout London.
Income Tax: Income Tax is a tax you pay on your income. You don’t have to pay tax on all types of income.
Income tax return: It is a document you file with the Internal Revenue Service or the state tax board reporting your income, profits and losses of your business and other deductions as well as details about your tax refund or tax liability.
If you’re expecting a cheque
HM Revenue and Customs (HMRC) will usually send your cheque (or ‘payable order’) within 5 weeks, but it may take longer in some cases.
If you’re expecting a payment into your bank account
You should receive your payment in 3 to 5 working days. HMRC will only pay refunds into UK bank accounts.
If you don’t get your refund
You should wait 5 weeks after making an online claim and 6 weeks after making a postal claim before contacting HMRC about the payment.
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