Are You Due A Tax Rebate?
Each year, British tax payers are leaving millions of pounds
in unclaimed tax rebates with the Inland Revenue because they
are paying more tax than they should.
If you have overpaid your income tax, you are entitled to a
tax rebate.
There are a number of reasons why a person might over pay
their tax including, but not limited to:
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Your employer having the wrong tax code |
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Change of circumstances, for example marriage,
retirement, etc |
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Incorrect assessment by HM Revenue &
Customs |
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Being placed on an emergency tax code after
starting a new job |
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Having tax deducted from savings when you're not a
tax payer |
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Permanently living or working abroad |
Tax rebate claims can be made up to five years after 31st
January, following the end of the tax year in which the tax was
over paid. Even this time limit can be extended in cases where
the overpayment was due to an error on behalf of HM Revenue
& Customs.
Not only that, but interest is also paid on any tax rebate
made if the repayment is made after January 31st following the
end of the tax year in which the tax was over paid.
So how do you go about finding out if you're
entitled to a tax rebate?
Luckily, there are many tax advisors specialising in the
subject of tax rebates and many operate on a no rebate, no fee
basis, charging only a percentage of the tax successfully
reclaimed on your behalf.
Many of these companies specialise in helping only those
people on PAYE, whilst others help a wider clientele including
self employed individuals and limited company directors.
The companies listed below might be able to assist you
further, or if you prefer dealing with somebody more local,
simply look up tax advisors in your local telephone directory
or Yellow Pages.
The information
on this page is provided for information only and does not form
the basis of any professional financial advice.
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