When does the period for overpayment relief claim start?

The period for claiming relief for overpayments typically begins at the end of the tax year. This is because taxpayers often have the opportunity to review their tax liabilities after the conclusion of the year, allowing them to assess whether they have indeed overpaid.

When overpayment relief is claimed, it involves identifying that the amount paid in taxes exceeds the actual liability. The end of the tax year serves as a clear timeline for determining the actual amount owed. This also aligns with the practices surrounding tax assessments and adjustments that occur once a year, often after the filing season when taxpayers reconcile their tax obligations.

The other options do not provide an accurate starting point for the overpayment relief claim. The date of filing refers to when a taxpayer submits their tax return, which does not directly relate to the identification of overpayments. The date of payment similarly focuses on when the taxes were paid, not when they could later be reviewed for potential relief. The end of the fiscal year is more relevant for businesses and might not align with the personal tax year for individual taxpayers, which typically runs from January 1 to December 31. Therefore, the correct choice effectively aligns with the established timeline for evaluating tax liabilities and claims.