Why don't you know about it? Plenty
of people believe the Government will repay overpaid tax. Sadly, this is not
true and it is an everyone’s responsibility to claim their tax back.
Income tax overpayment affects many of
people. Thankfully, different from the tax system itself, finding out of your
due a refund is quite easy. Firstly, ask yourself if any of the subsequent to
apply to you or to someone you know: have you worked for part of a tax year?
Have you paid emergency tax for 3 months or more? Have you had numerous jobs or
worked for through agencies? Have you had substantial gaps in your employment?
Have you entered the UK to work or are leaving the UK? Are you a student who
has a holiday job or placement?
If you can answer 'yes' to any of the
following questions, you may want to look out more - and now there is a simple
way to do just that. Many of us find the tax system a bit daunting (8 out of 10
people admit to not understanding it), but help is at hand. With 'no win, no
fee' services that takes all of the taxing work out of tax work, help is
available.
Mike Oaten, from Refunds Direct,
explains: "Up to 10 million people in the UK are possibly owed tax
refunds. Many many millions of pounds in refunds go unclaimed every year. If
not people act now it all stays in the taxman's pocket."
"Our goal is to make everybody in the country aware
that they could get tax repayment and help them get their money back."
You may be eligible if you…
* Worked for part of a tax year
* Paid emergency tax for 3 months or more
* Had numerous jobs for worked through agencies
* Had substantial gaps in your employment
* Entered or left the UK to work
* Are you a student who has worked holiday job or placement
You are unlikely to be eligible if you…
* Stopped work and then adopt a Job Seekers Allowance? If
so, any repayment would have been repaid by the benefits office.
* Stopped work part way through a tax year because of
maternity leave or retirement.
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