A P50 is a form used to claim a tax refund from HMRC if you’ve stopped working, have been unemployed for at least four weeks, and are not claiming certain state benefits.
What is a P50?
A P50 is an HMRC form that allows individuals to claim back income tax they may have overpaid when leaving a job.
You can use a P50 if you’ve been out of work for at least four weeks and are not receiving taxable state benefits such as Jobseeker’s Allowance, Incapacity Benefit or Carer’s Allowance. The form helps HMRC calculate whether too much tax was deducted from your final pay, and if so, issue a refund. It can be completed online or by post.
Things to know
- You must be unemployed for at least four weeks to use a P50
- You cannot claim using a P50 if you’re receiving certain benefits
- It’s used to reclaim overpaid tax after leaving a job
- HMRC processes the refund directly
- You’ll need your P45 to complete the form
FAQs
When should I use a P50?
When you’ve left a job, have been unemployed for four weeks or more, and are not claiming taxable benefits.
Do I need my P45 to complete a P50?
Yes. Your P45 provides the tax and pay information HMRC needs to calculate any refund.
Can I claim a refund if I start a new job?
No. If you start a new job, your new employer will adjust your tax through PAYE instead.
How long does a P50 refund take?
HMRC typically processes refunds within a few weeks, though times can vary.
Can I submit a P50 online?
Yes. HMRC offers an online version of the form as well as a printable version.
