Latest news with #P800
GMA Network
3 days ago
- Politics
- GMA Network
LOOK: Senate unveils 20th Congress ‘Legacy Wall'
The Senate on Monday unveiled the new 'Legacy Wall' featuring senators of the 20th Congress. Senate President Francis 'Chiz' Escudero led the unveiling ceremony, noting that the portraits of the senators were arranged in alphabetical order. 'Ito ang kumakatawan sa ika-20 Kongreso, kasama 'yung mga bagong papasok na kongresista sa parte ng Senado,' Escudero said. (This represents the 20th Congress, including the new, incoming senators.) 'Kagaya ng sinabi ko, alphabetical naming in-arrange, so walang partikular na ayos 'to pagdating sa seniority or posisyon sa Senado. Alphabetical ang sinunod namin, hindi katulad ng nagdaan na sinunod ang mga opisyal ng Senado,' he added. (We arranged this alphabetically, so there is no particular order when it comes to seniority or position in the Senate. We put it in alphabetical order, unlike in the past, where the order was based on the senators' positions.) LOOK: The Senate unveils the new 'Legacy Wall' featuring senators of the 20th Congress. @gmanews — Giselle Ombay (@giselleombay_) July 21, 2025 The mural is currently installed at the second floor of the Senate Building in Pasay City. Escudero said that the Senate allocated a budget of around P800,000 for the legacy wall, which includes the photography of each senator. 'Almost the same as the one last year,' he said when asked if the amount was reasonable. The 20th Congress is set to begin its first regular session on July 28, before President Ferdinand "Bongbong" Marcos Jr. delivers his fourth State of the Nation Address (SONA). —VAL, GMA Integrated News
Daily Mirror
3 days ago
- Business
- Daily Mirror
HMRC explains 3-week rule for when you should get tax refund
A taxpayer contacted HMRC as they were owed a refund HMRC has explained the rules around tax refunds and how long they take to arrive. The update came after a taxpayer contacted a taxpayer as they were expecting to receive a refund. They asked over social media: "I had a call yesterday about a tax refund, guy on the phone said a cheque will be sent, anyway you guys can confirm whether it's been processed? As on my gateway it's still showing me I can claim the money." A person can manage some of their tax affairs by setting up a Government Gateway and personal tax account, on the website. You can use your account to claim a tax refund, as well as to submit and manage a self assessment tax return. HMRC replied to ask the person if they had asked HMRC to call them about their refund and if they had shared any personal details with the representative they spoke to, such as their bank details. The customer said they had called up to ask why they couldn't claim the cash online. They were told it was too late to claim the amount online and that HMRC would have to send out a cheque instead. The person said they did not share any bank details on the call. HMRC then asked if the person they spoke to had told them whether or not they had "completed the referral to arrange a replacement repayment". To this the customer responded: "I think he said they can only do a cheque and I think he said that's done for you and then the call ended, but I didn't get a email confirming it or anything like that and on my gateway it still says I'm owed money." HMRC then explained: "If it's the first time this repayment is being issued by cheque, then it can take up to 2-3 weeks. You won't get any notifications about this yet." The website states that if you get a P800 tax calculation letter informing you that you are owed a refund, if you claim the amount online it will take up to five working days to arrive. If you ask for HMRC to send you a cheque, it can take up to six weeks to arrive. However, if your letter states that HMRC will send you a cheque, this should arrive within 14 days of the date of the letter. If you are owed tax for more than one year, you will get a single cheque for the entire amount. The guidance explains: "Your tax calculation letter will tell you if HMRC will send you a cheque. You do not need to contact HMRC to make a claim - you'll automatically get the cheque by post."
Wales Online
12-07-2025
- Business
- Wales Online
'Caution needed' as HMRC sends letters to four million taxpayers
'Caution needed' as HMRC sends letters to four million taxpayers A financial expert has issued a warning as people are due to receive correspondence from HMRC Scammers use the opportunity to target people who are expecting a genuine letter (Image: coldsnowstorm via Getty Images ) HMRC is issuing P800 tax calculation letters to four million Brits who may have overpaid income tax, including PAYE employees and pensioners who may have been taxed incorrectly. But as these refund letters land on doormats, scammers are seizing the opportunity to pose as HMRC, tricking unsuspecting people into clicking phishing links or handing over personal information. That's according to experts at Ocean Finance, who have carried out new research involving 1,500 UK adults. The firm said that it found one in three (38%) had either been scammed or know someone who has. One in five (20%) said they worried about fraudsters posing as trusted organisations like banks, energy firms, or government departments. It also found that the risk was growing - 20% of Brits admitted they'd click on a suspicious link, making them easy targets for phishing scams. According to Action Fraud, in the year to July 9 alone, 367,456 reports of cybercrime and fraud were made in the UK, with £2.8bn lost to scammers. Siobhan Blagbrough, financial crime manager at Ocean Finance, said: 'Scammers know tax refund letters are landing this summer, which gives them the perfect cover. People waiting for a rebate are much more likely to believe a text or email asking them to 'claim now'. 'But HMRC will never call, text, or email you unexpectedly about a refund. If you're owed money, you'll either get a cheque in the post or be asked to claim it through your online tax account at Article continues below 'Overpayments can happen for a few different reasons. You might have been on the wrong tax code - this often happens if HMRC has outdated information about your income. It's also common if you've changed jobs and were paid by two employers in the same month. Some people find they've overpaid after starting to receive a workplace or private pension, or if they've received benefits like Jobseeker's Allowance or Employment and Support Allowance. 'If you weren't expecting a message - don't click, don't reply, and don't share your details. Fraudsters often use pressure tactics, spoofed numbers, and fake websites to trick people. If something feels off, trust your gut and report it using HMRC's phishing scam form. A few seconds of caution could save you thousands.' What to do if you've been scammed Contact your bank or card provider: Siobhan said: 'Your bank can block your card, investigate, and potentially refund your money. The quicker you act, the better.' Request a chargeback: Siobhan said: 'If you paid via debit card, chargeback could help you recover your money. This process allows you to dispute an unauthorised transaction and request a refund.' Report the scam: Siobhan said: 'Contact Action Fraud to help authorities track down criminals and prevent future scams.' Update your passwords: Siobhan said: 'If scammers got hold of your login details, change your passwords immediately. Use strong, unique passwords and enable two-factor authentication. Over half of Brits (53%) use the same password across multiple accounts*, leaving them wide open to hackers.' Article continues below Aaron Peake, personal finance expert at credit score service CredAbility, added: 'A scam won't directly hit your credit score, but the financial damage might. Missed repayments or loans taken out in your name can leave marks on your credit file and make it harder to get a mortgage, loan, or credit card in the future. Set up spending alerts and use services like CredAbility and TotallyMoney to monitor your credit for anything suspicious.'
The Sun
09-07-2025
- Business
- The Sun
Millions of workers urged to look out for important HMRC letter which could lead to HUGE tax refund
MILLIONS of workers have been urged to look out for an important letter from HMRC which could lead to a huge tax refund. Between June and August, the tax office is sending out around four million P800 letters to inform people that they are owed an income tax refund. 1 Workers who pay PAYE tax and pensioners who may have overpaid their tax on pension income are among those who could receive the letters. There are several reasons you may have overpaid your tax, such as being put on the wrong tax code, starting to receive a pension at work, or receiving Employment and Support Allowance or Jobseekers' Allowance. You can reclaim any overpaid tax going back four years under the current time limits. Moneyfactscompare consumer expert Adam French has urged people not to ignore the P800 letters. "It can be easy to overlook but you shouldn't ignore it because it will let you know if you have paid the right amount of tax," he said. 'If you have changed jobs, worked multiple jobs or received benefits such as maternity or sick pay HMRC may have overestimated your tax bill, and it could owe you a refund. "On the flipside the letter may show you have underpaid tax due to a change in circumstances or a tax code error. "If you are owed a refund the letter should include details on how to claim it back, whereas if you owe HMRC money this is usually recovered by changing your tax code instead of demanding a lump sum payment there and then. 'The bottom line is that a P800 letter could mean unexpected windfall, or at least it can give you the chance to stay on top of your tax affairs. However, you won't know either way until you open the envelope.' An HMRC spokesperson said: "Customers should follow the straightforward instructions in the letter, which explain how to claim it online at or the HMRC app." What Does My Tax Code Mean? A Simple Guide to Your HMRC Letter If you receive a letter it will include a link to the Government's website where you can complete an online form to nominate the bank account you want your rebate paid into. It should then be around five working days until you receive your payment. In some cases if you don't complete the form HMRC will send a cheque, your letter will state if this is the case. You can also request to receive a cheque by email or phone, but this will mean you wait longer for the cash to hit your bank account - usually up to six weeks. If you've received a letter but don't have access to a computer or phone with internet, you can contact HMRC via phone or post. The phone number to call is 0300 200 3300 while any post should be addressed to: Pay As You Earn and Self Assessment HM Revenue and Customs BX9 1AS United Kingdom Remember, you don't have to wait for HMRC to contact you by post if you think you're owed a rebate. You can sign up for a Personal Tax Account and check if you are eligible for a repayment. You could get your payment earlier this way, rather than waiting for a letter through the door. If you've got a smartphone, you can track your tax via the HMRC app too. You should also be regularly checking your payslip to ensure you're on the right tax code, and having the right amount deducted. It's your responsibility to check and let HMRC know if it's wrong, otherwise you could end up paying out too much. Each tax code tells you how much you should be paying to HMRC every month. For example, the letter "L" on your tax code means you're entitled to the standard tax-free Personal Allowance. Meanwhile, "M" means you've received a transfer of 10% of your partner's Personal Allowance (£1,260). If you owe money to the taxman HMRC will collect it automatically over the following year if you are in employment, receive payments through a pension provider or owe less than £3,000. If this is not possible HMRC will write to you with details of how to pay off the funds due. Beware of scammers People are also being warned to beware of fraudsters impersonating HMRC to try and scam victims for money. urges people to make sure any communication they receive is genuine to protect themselves from scams. Its money editor Hannah McEwen says: "HMRC will always send a letter about any tax you're owed - it'll never text, email or call you unexpectedly and pressure you to take action." "If you're owed tax and HMRC says it'll send a cheque, you don't need to do anything," she adds. "It'll automatically send any cheque by post within 14 days of the date on your letter. If you're owed tax from more than one year, you'll get a single cheque for the entire amount." McEwen also warns people to be wary of following links in letters or messages, as they could be linked to scam sites. What is a tax code? You could end up overpaying or underpaying tax if you are put on the wrong tax code. Your tax code can be found on your payslip, your P60, or by contacting HMRC, and normally looks like some numbers followed by a letter. It's important to keep track of your tax code, as you can end up on the wrong one due to changing jobs or salaries and HMRC not being informed. The standard tax code is currently 1257L, meaning you can be paid £12,570 before tax is deducted. This code has been the same since the 2020/21 tax year, when the personal allowance was £12,500. How do I check my tax code? YOU can check your tax code on your personal tax account online, on any payslips or on the HMRC app. To log in, visit If you have one, you can also check it on a "Tax Code Notice" letter from HMRC. Bear in mind that you might need your Government Gateway ID and password to hand to log in. But if you don't have this you can use your National Insurance number or postcode and two of the following: A valid UK passport A UK photocard driving licence issued by the DVLA (or DVA in Northern Ireland) A payslip from the last three months or a P60 from your employer for the last tax year Details of a tax credit claim if you have made one Details from a self assessment tax return (in the last two years) if you made one Information held on your credit record if you have one (such as loans, credit cards or mortgages) Do you have a money problem that needs sorting? Get in touch by emailing money-sm@
GMA Network
31-05-2025
- Politics
- GMA Network
Tacloban mayor Romualdez seeks transparency in San Juanico Bridge repair project
Tacloban City Mayor Alfred Romualdez has called for full transparency and expert evaluation on the planned rehabilitation of the San Juanico Bridge, which links the islands of Samar and Leyte in Eastern Visayas. The Tacloban City Council declared a state of emergency on Thursday to expedite the mobilization of resources following the Department of Public Works and Highways' (DPWH) recommendation to limit use of the bridge due to safety concerns. 'So, to be quite frank, medyo nalilito rin ako (I am perplexed),' Romualdez said in a video statement. 'I feel the public should be given all the information pertaining to the condition of the bridge,' he added. He urged the national government to disclose the study that determined the bridge's current state and provide details on the extent of the damage and the timeline for repairs. 'This is not the first time,' he said, recalling a previous repair on the bridge 20 years ago that allowed for a six-month preparation period. Romualdez emphasized the need for independent experts to assess the bridge's condition and verify the cost of rehabilitation, which was initially estimated at P800 million but now stands at P7 billion. 'Even if you spend P7 billion, a feasibility study, a project study, and a careful analysis should have been made,' he said. He also warned against using the current crisis to justify the construction of another bridge without going through the right process. A recent assessment by the DPWH raised concerns about the bridge's structural integrity. As part of precautions, the DPWH has temporarily prohibited vehicles weighing more than three tons from crossing the 2.16-kilometer bridge. Since May 18, pedestrians have been prohibited from crossing the bridge on foot. Instead, they should use coasters and light vehicles for their safety. On Friday, the National Disaster Risk Reduction and Management Council (NDRRMC) said the restrictions on San Juanico Bridge could result in up to P600 million in monthly economic losses, as 14,000 vehicles cross the infrastructure daily. 'The abrupt imposition of restrictions has stranded more than 200 vehicles and is projected to result in monthly economic losses ranging from P300 million to P600 million,' the NDRRMC said. Among the affected sectors are food and fuel supply, delivery of healthcare services, commercial distribution, and regional trade. Aside from Tacloban City, Samar Province is under a state of emergency due to the bridge repair project. —VBL, GMA Integrated News
