Tax relief and allowances can help reduce the overall amount of tax you pay, leaving more money in your pocket. Unfortunately, it is estimated that millions of UK taxpayers could be missing out on hundreds of millions of pounds worth of tax relief each year.
Working From Home
If you have worked from home since April 2020 due to COVID you may be eligible to claim a tax refund worth up to £125 per tax year.
The tax relief is to cover extra costs incurred when working from home such as higher heating and electricity bills.
If you have had a successful PPI claim in the last four years, you could claim back 100% of the tax your lender deducted from your PPI settlement. This is because your Personal Savings Allowance allows you to earn up to £1,000 in savings interest tax free.
If you wear a uniform to work which you have to wash, repair or replace yourself, you may be able to claim a tax refund worth £100s going back four years.
The amount you are eligible to claim will depend on the industry you work in but you can claim for most types of uniform from a simple branded t-shirt to a full uniform, such as that worn by a pilot, police officer or nurse.