What Is A PAYE Tax Refund?
It is a common assumption that only people who are self employed can claim a tax refund. This is not the case and people who are employed under PAYE can often claim back a refund of tax through the PAYE system of paying tax.
Why Would I Be Due A PAYE Tax Refund?
There are a variety of reasons why you could be due to claim a PAYE tax refund. What you can claim for will depend on number of factors ranging from employment history to job expenses. The expenses you may incur because of your job, are often over looked as a way of reclaiming a tax rebate. If you incur certain job related expenses you are perfectly within your rights to claim a PAYE tax refund.
PAYE Job Related Expenses You Can Claim For…
Using your own car of public transport for work – Normal commuting is not permitted but you can claim for other types of work related journeys
Professional bodies – Membership into a lot of the major professional bodies and unions are tax deductible
Washing your own uniform – if it has a logo and you are not reimbursed by your employer you should be able to claim back uniform tax relief
Tools – Buying your own tools for work means you should be able to claim tool tax rebate
Leaving the UK – Leaving the UK can result in a tax rebate if you have worked under PAYE
Pension Tax Relief – If you are paying into a private pension scheme and are a higher rate tax payer you could be owed a further 20% on your private pension contributions
All of the above and more can result in you being due a tax refund under PAYE. A tax refund in many cases will only be repaid if you make a claim and will not be issued automatically.
How To Claim A PAYE Tax Refund…
You can currently make a claim for a PAYE tax refund from the 6th April 2008 only. You need to make sure that you make a claim within the four year timescale or you will miss out on any tax refund you could be owed.
TaxRebateServices.co.uk can help you claim back your PAYE tax rebate for job expenses, if you have left the UK, are a non resident tax payer or non resident landlord. Call our team today and make a claim on 0845 094 0005 or 01228 520477.
