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Erroneous Payments and IRP5

Posted 24 May 2015

Cosmic Traveller says:
13 May 2015 at 19:40

I've been overpaid erroneously for a year . My employer wants the monies paid back in full. Roughly a third of the amount was taxed and appears on the IRP5. Must the IRP5 be amended by the employer, while we sort out the pay back arrangements?

TaxTim TaxTim says:
15 May 2015 at 17:42

Yes they need to fix the IRP5 as your taxes paid are probably too high and so everything should be put into a place it should be as if the error didnt happen.

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