Tax Rebates
Get Your Tax Rebates: Claiming What You’re Owed
Are You Paying More Tax Than You Should?
If you’re working for multiple employers, like a doctor or a dentist, or you’re an employee covering work-related expenses, you might be paying more tax than necessary. That’s where we step in!
At Accounted For, we specialise in helping professionals like you reclaim tax rebates. Our expert team ensures every penny owed is returned to its rightful place – your pocket.
What We Do for You
- Recover Tax From the Last Four Years: We’ll check back through the past four years to reclaim every bit of tax you’ve overpaid.
- A Stress-Free Process: We handle the entire tax rebate process on your behalf – from filing the application and supplying evidence to following up on your claim until it’s resolved.
- Get the Maximum Refund: Our goal is to ensure you receive the maximum amount you’re entitled to, and we’ll ensure it all happens as quickly as possible.
Understanding Your Tax Refund Eligibility
You may be owed tax rebates from HMRC for various reasons, including overpaid income tax, incorrect tax codes, or unclaimed employment expenses.
Tax Rebate Services can help you find out the type of tax rebate you’re eligible for and how to make a claim.
HMRC often requires you to make a claim to receive the refund, or you might miss out on the refund.
You can claim a tax rebate for the last four tax years, so it’s essential to consider this when making a tax claim.
Checking Your Tax Code
Checking your tax code is a vital part of managing your tax position and ensuring you’re not overpaying income tax.
If your tax code is wrong, you could pay too much income tax and be due a tax rebate.
There are many reasons why you might not have a correct tax code, and you can use our tax code guide and FAQs to find out more.
The tax office needs you to help them manage your tax code by telling them about changes in your circumstances.
Claiming Work-Related Expenses
If you’re an employee under PAYE, you need to find out about employment expenses and other tax allowances.
Employment expenses and other tax allowances exist to give you something back in certain circumstances.
HMRC needs you to make a claim so they can refund the tax rebate you’re eligible for.
Examples of the types of tax rebates and deductions you can claim include employment expenses and other tax allowances.
Filing a Self-Assessment Tax Return
If you complete a self-assessment tax return, any tax refund due will be calculated when you submit your tax return.
If you’re not in Self Assessment, HMRC will review your PAYE income and issue a calculation if you’re overpaid.
Understanding more about tax refunds and how the tax system works can help you pay less tax in the future too.
Avoiding False or Inflated Claims
Tax refund companies may claim inflated or false employment expenses, particularly travel and subsistence expenses.
Individuals should be cautious when using tax refund companies and carefully review their services and fees.
HMRC may come after individuals for incorrect tax refunds, not the tax refund company.
You should only claim for legitimate expenses and ensure you have the necessary evidence to support your claim.
Choosing a Reputable Tax Refund Company
Tax refund companies offer services to help individuals submit tax repayment claims, often charging a fee for their services.
They may use forms R40, P87, and Marriage Allowance to submit claims, and may also use the self-assessment tax return system.
Tax refund companies are not HMRC-approved agents and may use misleading names or branding to confuse individuals.
You should research and choose a reputable tax refund company that is transparent about their fees and services.
Cancelling Nominations and Agent Reference Numbers
Nominations allow individuals to designate someone else to receive a refund on their behalf.
Letters of authority may be used to give permission for a tax refund company to deal with its own tax affairs.
Assignments can only be revoked with the agreement of both parties.
You should carefully review and understand the terms of any nomination, assignment, or letter of authority.
Referral Fees and New Evidence Requirements
Referral fees and interest are taxable income and should be declared to HMRC.
HMRC may collect any tax owed on referral fees by adjusting the individual’s PAYE tax code.
You should be aware of the risks involved with using tax refund companies and carefully review their services and fees.
HMRC now require R40 forms to be submitted with evidence of the original PPI compensation payout.
Tax Rebates and Your Rights
You have the right to claim a tax refund if you’ve overpaid income tax.
You can contact HMRC using the details available on their website to make a claim.
If you’re unable to claim a tax refund by yourself, seek assistance from HMRC or a professional tax adviser.
You can also report tax refund companies to professional bodies or enforcement agencies if you feel you’ve been caught out.
Maximizing Your Tax Refund
Our average claim for individuals who have never made a claim before last year is an average of £2,500.
It only takes a few minutes to assess your circumstances.
Deadlines apply, so don’t delay and claim your refund today.
With our help, you can be confident that you are getting the most out of your tax repayment claim.
How It Works
Step 1 – Get in Touch
Call us for a friendly, no-obligation chat, or fill out the form below to kick things off.
Step 2 – Provide Your Paperwork
Share your latest P45s, P60s, and details of any expenses you’ve had to pay out during work.
Step 3 – Relax!
We take care of the rest, handling all the paperwork and evidence so you can focus on your job and what matters.
Step 4 – Receive Your Refund
Sit back and enjoy the tax relief and see that overpaid tax land right back in your account.
Why Choose Us?
- No Win, No Fee: If we find you’re not owed anything, you won’t pay us a penny. You literally have nothing to lose and potentially thousands to gain!
- Experts in Tax Rebates: Our team knows the tax system inside out, meaning we’re equipped to get you the refund you deserve.
- Friendly and Transparent Service: We’re here to make the process simple, stress-free, and jargon-free.
Contact Us
Claiming a tax refund can be a straightforward process if you understand your eligibility and follow the correct steps.
You should be cautious when using tax refund companies and carefully review their services and fees.