Tax Rebates & Refunds

Who can be eligible for these tax refunds?

November 16, 2010
Posted in Tax Rebates — Written by Jennifer

Many people in the UK are eligible for tax refunds but they are not acutely aware about it. There are many reasons why you could be eligible for a tax refund. Some common reasons are explained below.

Student

If you are student who is doing a part time job in the UK, you may be eligible for a tax refund. Most students who work in the UK get an income that is below the tax-free allowance. This way, they are exempted from paying tax. However, if you are a student and working in the UK, your income might be above the tax-free allowance and you might have to pay tax. If you are working part-time and have paid all your dues in the form of tax, then it is advisable that you meet your tax agent. Your tax agent will be in a better position to assess your situation.

Leaving the UK

If you are leaving the UK permanently, then you may be eligible for a tax refund. The revenue commission will owe you some money in the form of a tax refund. If you are leaving your job in the middle of a tax year, then you can be eligible too. This means that you have paid money to the revenue commission when you could have benefited from the tax-free allowance. You should keep in mind that when you are leaving the UK, it should be for a permanent period and should be within the taxation year.

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