A tax rebate on your pension contributions is where, if the correct tax relief (allowance) hasn’t been applied via net pay or relief at source, you can claim back the tax on money you’ve paid into your pension. Case study: Tony got a £1,800 rebate after writing to HMRC "I ...
This isn’t for your daily commute between home and a permanent workplace. That’s just ‘getting to work’. But it does include any temporary workplace you travel to while working, among others. This article will discuss what you can and can’t claim and how. Key Takeaways The HMRC d...
You can backdate a mileage claim up to 4 tax years. Keeping tight records will make it easier to make a per-mile claim, and in the event of an audit, you can easily prove your mileage tax rebate claim with clear records. How Can I Prove My Mileage To work out how much you can cl...
Another popular scam is where fraudsters submit a refund claim to HMRC on your behalf, charging you a fee based on how much you get. Later, when HMRC discovers you weren’t owed a tax rebate, it will request immediate repayment, leaving you out of pocket because of the fee you’ve paid...
Can I get a rebate on my National Insurance contributions when I leave the UK? Master the Art of Job Hunting in the UK Your Essential Guide to Navigating and Succeeding in the Competitive UK Job Market Unlock the secrets to landing your dream job. Whether you’re a recent graduate, a sea...
Are you paying too much tax?If you are paying too much tax, you can claim back tax, get a tax refund (/rebate) by contacting your local Inland Revenue office or your employer. You have 6 years time limit to claim back. Visit:https://www.gov.uk/claim-tax-refund ...
The best way to avoid tax on bonds – whether direct holdings or funds – is to hold them within an ISA or a SIPP.
You’ll need a UTR number if you’re self-employed or run a limited company. Here’s how you go about getting one.
(donations from charities, trusts and companies are not eligible), pays Income Tax or Capital Gains Tax in the UK and is not connected to the participant (e.g. a spouse or immediate relative). It is really worthwhile to the charity, as the rebate they can claim is 25%, so £100 ...