ROS online service: Approx time for Med1 refunds?

[Plek Trum]

Hi all,

I'm hoping someone may be able to help. I am about to submit my Med1 & Med2 expenses for 2006, using the on-line revenue service (as opposed to posting harcopies to local tax office).

Does anyone know
(a) how long it takes for claims to be processed?
(b) whether rebates / refunds are given in (i) tax credits or (ii) cheque.

Many thanks.

 

[Guest120]

Have you rang revenue and asked them? They are a friendly, helpful bunch.

 

[Graham_07]

(a) how long it takes for claims to be processed?

Not sure about PAYE Balancing Statements but self-assessed ones only usually take about 5-10 working days.

(b) whether rebates / refunds are given in (i) tax credits or (ii) cheque.

Usually cheque attached to the Balancing Statement. ( assuming no other underpayments against which to offset )

 

[gipimann]

When I sent in my 2006 returns earlier this year, the refund was credited directly to my account (my option, rather than a cheque) within a week or so. I wasn't notified about the refund, just spotted the extra money in my account!

 

[Plek Trum]

Ah thats great news... fingers crossed I may see something this side of Xmas. Many thanks!

 

[Plek Trum]

Another related question - is there a capitation level on the amount refundable (e.g a maximum)? I have ortho and medical bills for 2006, quite large amount but there may be a ceiling on the amount payable?...

 

[Graham_07]

Another related question - is there a capitation level on the amount refundable (e.g a maximum)? I have ortho and medical bills for 2006, quite large amount but there may be a ceiling on the amount payable?...

Not that I know of, although in case of very large bills Revenue may seek to view the receipts to be certain that they are all "qualifying expenditure"