Tax Rebates & Refunds

A tax rebate could help you with your debt problems

May 11, 2010
Posted in Income Tax — Written by admin — Comments (3)

One area many people don’t look at when they’re struggling with rising debt problems is the tax they pay on their salaries.

The questions they fail to ask include:

Am I paying too much tax?
Did I pay too much tax at any point in the last six years?
What tax code am I on?
How do I claim my [...]

Claiming a tax rebate if you have been on an emergency tax code

April 16, 2010
Posted in Income Tax — Written by The Entitlements Agency — Comments (3)

If you have been put on an emergency tax code at any time in the last six years then you are likely to be due a tax rebate from HM Revenue & Customs (formerly the Inland Revenue).
An emergency tax code is used when your employer or pensions provider doesn’t know what code to put you [...]

Claiming an income tax rebate if you’re a working student

April 15, 2010
Posted in Income Tax — Written by The Entitlements Agency — Comments (1)

If you are a student who works you could be entitled to a tax rebate as your employer may not have taken into account the fact that you earn less than the current tax free allowance.
Anyone who earns over the tax free allowance – £6,475 for 2010/2011 – is eligible to pay tax. However, as [...]

WARNING: Incorrectly claiming a tax rebate could cost you

April 14, 2010
Posted in Income Tax — Written by The Entitlements Agency — Comments (0)

Did you know that if you incorrectly claim for an income tax rebate you could end up paying a penalty and actually owing the tax man, rather than receiving your rebate?
That’s what happened to one man, as outlined in this story in The Times today.
The taxpayer tried to reclaim £3,000 he thought he had overpaid [...]

Claiming an income tax rebate if you’re unemployed

April 13, 2010
Posted in Income Tax — Written by The Entitlements Agency — Comments (1)

If you are unemployed then you may be able to claim what is likely to be a much needed income tax refund from the tax man.
Assuming you were working during a tax year but were then made redundant for whatever reason, you can probably claim some money back because of the way our tax system [...]

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