Britons could get a lot of money back if they check whether the government owes them refunds. Many workers may have paid too much tax and could get a refund from HMRC.
Many claimants do not get the money they are owed because tax rules are difficult to obtain. People can claim a tax refund for the past year and up to four years previously.
Most people get back around £3,000 over four years. Cupid PR's Janet Frodsham explains how people can find out if the government owes them money and how they can get it, as BirminghamLive reports.
Check Your Tax Code
The code you get tells the amount of tax that gets taken from your pay. If it is wrong, you might pay too much.
Here is how to check if your tax code's right:
- Check your payslip: Your tax code should be on it. A common code is 1257L for your tax-free pay.
- Contact HMRC: If your code looks wrong or if you have more than one job, talk to HM Revenue & Customs to fix it. An error might mean you're owed cash.
Claim Tax Relief for Work Costs
If you spend money on work-related expenses, you may be entitled to compensation. For instance:
- Travel costs: If you use your car for work (not when you go to work), you can ask for Mileage Allowance Relief.
Fees for work groups: You can get back money for costs to join work groups. - Work Clothes: If you wear a special dress for work and need to wash, or fix it, you can ask for a refund. This helps lots of jobs, from health workers to shop staff. You can claim for this year and up to four years back.
Apply for Marriage Allowance
This lets you give some tax-free pay to your partner. If one of you earns less than £12,570, you can give up to £1,260 of your free pay to the other person.
This could mean a tax saving of £252 each year. Couples can ask for the past four years, and might get more than £1,000.
You can check if you can get Marriage Allowance in 30 secs with a tool online. You can ask for Marriage Allowance on the GOV.UK site.
Back Your Tax on PPI and Pensions
If you have been paid PPI or pension money, you may have paid tax, which you can reclaim. You can apply to reclaim tax on ILP money using form R40. You can also reclaim tax on money paid for bad pensions.
Frodsham, from Cupid PR, says: "If you do these steps, you can get all the money and help you should have. You might get back lots of money from HMRC. It's good to check; you might get back lots of cash."
