Taxing times for reclaims deadline


Individual taxpayers may have just four more weeks to claim back overpaid tax following changes to the time limit for repayment claims which come into effect from 1 April.

This time limit applies to a number of claims, such as repayment claims for overpaid tax, capital loss claims and claims for recovery of foreign tax.

Claims that have other time limits, such as claims for trading losses against other income, which has a time limit of one year and 10 months from the end of the tax year, remain unchanged.

The time limit for amending a tax return, which is also one year and 10 months after the end of the tax year, has also remained the same.

Kirsten Tassell, a partner in the private clients practice at Deloitte in Cambridge, said: “It’s the end of an era. For as long as many remember, the cut off point for making tax claims has been five years and ten months from the tax year end.

“From 1 April 2010, this time limit will be reduced to four years, and the transitional rules mean that the time limits for a number of tax years expire shortly, so for some urgent action may be required.”

This means that, for example, the time limit for claims in respect of the 2005/06 tax year which under the old rules would expire on 31 January 2013, will now expire on 5 April 2010; four years after the end of the tax year.

“Between now and 1 April 2010, the existing time limit of five years and ten months continues to apply,” said Ms Tassell.

“As a transitional measure, taxpayers will have until 31 March 2010 to file claims or amendments for the 2004/05 tax year.

“The 2003/04 tax year was not affected, and the time limit for claims and amendments remained at 31 January 2010. However, under the new time limits, claims for the 2004/05 and 2005/06 tax years will be out of date very soon.

“If you have a claim relating to those years, you should ensure that the claim is made in good time before the time limits expire.”


The Deloitte Cambridge office comprises 8 Partners and over 250 staff who deliver a full range of professional services to the East Anglian region. As well as focussing on the life sciences and technology sectors for which the region has become so renowned, the office has long standing specialisms in other sectors including the professions, consumer business, food and agribusiness.

Deloitte LLP