That means it will sometimes use your tax refund to reduce the amount you owe. “If you have a debt with us at tax time, we may use your tax refund to repay it,” Services Australia said. “We may do ...

"HMRC will send a tax calculation letter and tell you if you have a tax overpayment or underpayment. Your bank or building society will tell HMRC how much interest you received at the end of the year.