Tax Reclaim

Jun 16 2007

Whether you study, work part time, have recently retired there is a 95% possibility that you are due Tax Back UK from the Inland Revenue. Believe it or not there are presently millions of pounds of unclaimed tax which the government is retaining because people not having taken the time or the effort to submit a simple tax reclaim.

Everyone who works in the UK receives a tax free allowance, this year it is 5235 pounds. A Student for example might only work only work briefly in their summer holidays, however their employer in all likelihood will deduct tax and proportion their tax free allowance for the whole year. This is where errors occur resulting because the student would not be working for a whole tax year, resultantly they miss out on a big chunk of their tax free allowance.

TaxFix.co.uk is a company which has expertise in getting back overpayment of tax from the Inland Revenue. They maintain a ‘No rebate-No fee’ basis so you do not need to pay anything up front. Their most common tax reclaim is over one thousand pounds. They maintain a good website that is very informative with a number of resources such as an income tax calculator to help determine if you are due a refund as well as a Tax Help Blog which keeps you up to date with finance related news.

I think you agree that we all pay enough tax, make sure that you have not over paid any tax. Did you know it’s free to check for the last 6 years, you really have nothing to lose and potentially thousands of pounds to gain!

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