2021-22 Tax Return tips: How to get the most out of your tax refund

UK PAYE Tax Refunds

We all want to get the most out of your tax refund. Filing a UK tax return seems to get more complicated every year, and many individuals often experience heavy delays when waiting on tax refunds from HMRC. Our company is a specialist UK tax accountant for ex-pats, the self-employed and those working for employers through the PAYE tax system. This article looks at how to make the most from your PAYE Tax refund, including claiming back up to four previous tax years.

Getting The Most Out of Your 2021-22 Tax Return

Many tips help individuals navigate the UK tax system and get the refund they deserve minus the hassle. One must also consider that the same system applies if you are owed tax due to an overpayment of income tax, capital gains, or other taxes. But where do you start? How do you know what you can and can’t claim? Knowing what you can and can’t claim on your tax refund is the difference between being able to make a legal and correct refund application. On average, people who claim tax returns through taxback.co.uk receive a significantly higher refund than they would have claimed themselves; follow these tips and learn about what you could claim on your UK tax returns.

What to watch out for if you’re trying to file your tax return

  1. Never assume the HMRC will automatically credit you a refund due in the form of a cheque. They often apply the refund as a credit on the future taxes owed. It is in an individual’s best interest to request payment for the refund, in writing. Always keep copies of your correspondence with the HMRC.
  2. When corresponding with the HMRC, always include your tax reference number, NI number, and contact information.
  3. If the delay expands to over a few weeks, call 09110 141 100 to check the status of your return or refund. Be sure to have your NI and tax reference numbers handy, so they can quickly access your information.
  4. If your tax return is not completed within eight weeks, you may want to talk with a Complaints Manager. Complaint Managers at your tax office are instructed to handle these complaint cases personally to speed up the process.
  5. You can be entitled to interest on payments that have been delayed. The rate of interest could amount to a decent sum of compensation for your inconvenience, or it could be a small amount; every tax return is unique to the individual making a claim.

Be smart, we offer a no refund, no fee tax refund service. How much could you be owed? Claim today!

Always remember to use the resources available to you. Many companies are established to aid you in your quest for tax compensation. Taxback offers no-obligation tax rebate consultations at a low compensation rate. If you choose to file with us, you’ll only pay if we’re successful in securing you a tax refund.

Our online PAYE tax refund application form will help you claim the maximum amount possible.

Once you’ve navigated through our easy-to-use online paye tax refund form, you’ll have a list of sections that will prompt you on items you can claim.

What kind of expenses can you claim on a UK tax return?

Knowing what you can and can’t claim on a tax refund is extremely important, as making a false claim could land you in trouble. If unsure, it’s always best to consult a tax specialist.

So, what kind of expenses can you claim on a UK tax return or self-assessment? Some of the items that you can claim on a UK tax return could include costs for:

File your 2021-22 tax refund application with us, and we’ll help you get the most out of it

Why are we confident you’ll receive a bigger refund filing with us? We’ve been UK & Expat Tax Accountants for Over 3 Decades. If you’re due a tax refund, we’ll help you get the maximum amount you’re owed.

Our expert tax accountants handle the entire tax rebate process from start to finish.

Our expert tax accountants handle the entire tax rebate process from start to finish, ensuring your forms are filled out correctly and sent to the HMRC. Don’t go it alone; let Taxback help you get the most out of your return. For more information on how to get the rebate you are due, please contact us or complete a tax refund application right now. You can save it and come back later if you don’t have all the information you require with you right now.

File a UK tax refund application online

 

Feature photo by Brooke Cagle on Unsplash

 

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