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Home›Family Business›The ABCs of getting a tax rebate in the UK

The ABCs of getting a tax rebate in the UK

By Brent Thompson
February 3, 2015
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As a member of a society, you have plenty of rights but also certain obligations. Among these, probably one of the most important one is paying taxes. Each and every citizen has to pay this money to the state, as it represents their contribution to living in a developed country and city. However, some expenses may be too high compared with individuals’ incomes, which is why there is always the possibility to ask for refunding. Tax rebate is a support a lot of people are taking advantage of, so in case you think you have paid too much, feel free to make a claim. Of course, not anyone is eligible to get their money back and there are certain criteria you have to fulfil in order to get the rebate. So before applying, make sure you inform yourself and do your homework, so that your claim can be accepted by authorities. You can also use a tax rebate calculator online, to know what to expect. Read on to find out some relevant details that will help you build a flawless application.

The ABCs of getting a tax rebate in the UK

Who can get a tax rebate in the UK?

Basically, almost anyone can claim a tax rebate, regardless the social category they belong to. Those who are employed, those who are no longer working and also those who receive a pension can also receive a rebate, as long as they fulfil some demands. In addition to this, getting some money back is something possible in a wide array of employment sectors: healthcare, education, real estate, constructions and many other domains. Rebates can be asked for various expenses and even if some may sound odd, they are completely legit. For example, those who are obliged to wear uniforms at their job can ask to recover their cleaning costs, after proving that their income does not cover these expenses. As you can see, citizens can benefit from this help without making too many efforts.

What can you do to get part of your money back?

If you want to be eligible for a tax rebate, then the first thing you should do is talk to a financial expert. They will explain you everything there is to know about refunds and rebate, so your collaboration is definitely worth it. Once you have chosen your advisor, use a professional tax calculator: select your field of activity, your exact occupation and fill in all the relevant details required by the standard application form, and you will get an estimated value. You are going to receive the tax rebate form via post, then you have to complete the data demanded in the red box and then sign it. After this, the following step involves you taking the completed form to your legal representative, and they will take care of everything on your behalf. Rest assured they will do their best for you to get your money and wait for the refunds to enter your account.

 

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