You could be due a tax rebate if you overpay tax in the tax year. Still, the majority of people is ignorant of that fact. Here are the top 7 reasons why you might be due a UK tax rebate.
Because some of the processes involved could actually prove quite complex if you are not familiar or up-to-date with the UK tax system, we can assist you with calculating the tax refund due back to you and submit a tax rebate claim to HMRC, on your behalf.
The most common reasons for receiving a tax refund are:
- You work in healthcare, education, or you’re a mechanic/technician, and you have to incur professional expenses necessary for your job, for which you haven’t been reimbursed by your employer or not in FULL
- You're leaving or have left the country part way through the tax year and don't plan on returning to work in the UK until at least the end of the tax year
- You use your own vehicle as part of your job (this excludes normal commuting) and you do not receive from your employer any mileage allowance or reimbursement for business travel
- You work within the Construction Industry Scheme and have overpaid tax through monthly tax deductions
- You have stopped working in the tax year and have paid tax to date
- You have paid tax on account and your business has closed down in the current tax year or the businesses profitability has reduced
- You have paid income tax and left the UK in the last 4 years
In our experience, many people either miss out on tax refunds completely or experience lengthy delays when they try to take matters in their own hands and contact HMRC directly. By engaging a professional tax agent who is dedicated to fighting your corner with HMRC, you can speed up the whole process and have the reassurance that you'll receive the maximum tax refund possible.
Use TaxDay to get a free assessment from our experts. Apply online or call us on 01634 812 228.