If you have taken work-related costs such uniforms, equipment, memberships, and subscriptions or used your own vehicle for professional needs, you’re up for a tax refund.
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HM Revenue and Customs (HMRC) warns that thousands of claimants are missing out on claiming the cash or use repayment agents, with the latter making them lose a significant part of the funds to middlemen.
According to HMRC, you can apply for your cash in just a few clicks on their online portal on GOV.UK, with a full payment landing in your bank account within short.
Meanwhile, thousands of pensioners were warned they've been overtaxedand millions affected by tax code error could be due payments.
Don’t miss out to claim your tax rebate
In its latest press-release HMRC issued a warning to thousands of taxpayers who are missing out on getting their tax rebate.
People who used their own vehicle for professional needs, except for making their way to and from the workplace, purchased uniforms or work clothes and equipment, or paid professional fees, such union memberships, and subscriptions are all up for their cash back.
According to HMRC, claiming the funds is easy.
Jonathan Athow, HMRC’s Director General for Customer Strategy and Tax Design, said:
Every penny counts and we want to make sure employed workers are getting what they deserve – their hard-earned cash straight back into their pockets. To make a claim just search ‘employee tax relief’ on GOV.UK. It is the quickest way of getting a tax refund on your work-related expenses and ensures you get 100% of the money back.
You can submit your claim through HMRC’s online portal, with the process taking no longer than 15 minutes.
‘Handy online tools’ will confirm eligibility and provide a full list of work expenses that can be repaid.
If you already have a Government Gateway account, follow the step-by-step guide to submit your claim. Those who need to set an account up can do so quickly and easily via GOV.UK.
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Claim directly from HMRC to get the full amount
Data shows that more than 800,000 taxpayers claimed tax refunds for work expenses during the 2021 to 2022 tax year.
HMRC warns that, while the average repaid amount was £125, over 70% of people used a middleman and therefore missed out on the full payment.
The tax agency urges people to apply directly with them to save hard-earned cash.
Victoria Atkins, Financial Secretary to The Treasury advised:
Nobody should miss out on the full claim of a tax rebate – and by going straight to HMRC people can avoid being left out of pocket because of unscrupulous repayments agents.
HMRC reminded taxpayers that middlemen always charge for services, with their fees coming up to 50% of the value of your claim in some cases.
They recommend doing a little research and checking the commission conditions before you entrust your personal information and your money to a repayment agency.
Thanks to the new government’s policy, you can easily opt out of an agent involved in your claim so that all future rebates will go to you in full.
You can find more info on work expenses tax rebate on GOV.UK.
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Sources used:
- Gov.uk: 'Don’t miss out on a tax refund for work expenses, HMRC urges'