I've been on the phone for 40mins trying to get through to Student Loans Company.
The statement for 2005/06 year shows I paid nothing, which is incorrect by about Â£665. Turns out HMRC have not sent them the correct Tax details for that year becuase there was a huge cockup and 100,000's+ people have incorrect tax details, showing no NI payments etc etc
So I've now overpayed my student loan (partly my own fault for not fixing a date). But I do have a spreadsheet showing payments and projected settlement, so knew how much I'd paid so the guy on the phone would send out a cancel notice to employer. Other folk might not be even that organised.
If I'd not done this, it would continue to overpay for a whole other year, until the next statement.
HMRC overpaid my Grans benefit because they miscalculated it to the tune of Â£3k over 18mths.
They demanded the Â£3k back, AND they add interest onto it.
When we overpay them, as my Parents did recently, do we get interest back, hell no. In some cases, you'll be lucky to get anything back (thinking of those who claim outisde of 6 year rule).
HMRC - Discs
HMRC - Loans / Tax
HMRC - Overpayment claims
HMRC - VAT evasion case on Alcohol
A bloody shambles!
(I wouldn't be so mad but for the 40mins it took to actually speak to someone!)
EDIT: And I'm going to have to send copies of P60 + Payslips If I want to claim the money back before November 2008!!
I think, therefore I compile