Tax Refund Services in Goole
If you’re employed and incur expenses related to your role, you could be due for a tax refund, which is also known as a tax rebate. A tax refund is essentially the difference between the taxes you have paid and the taxes you owe, and many people are unaware that overpaid tax can be returned to you.
Qualified accountants offer tax refund services that Goole employees can use to access the funds they’re entitled to. Statistics have shown that around one in three people are owed refunds but never make a claim, either being entirely unaware this is an option they can benefit from or finding the process too complicated to complete.
With your refund taken care of by a professional accountancy service, you can relax with the knowledge that any money you’re owed will soon be back in your bank account.
Why are some people entitled to a tax refund?
Professional tax refund services can help those in Goole looking to claim back on employment expenses. These expenses are exceptionally diverse and can cover costs you must pay out to perform your role. If your job requires you to carry out work in several different locations, for example, it is more than likely you’ll be entitled to claim a tax refund from HMRC to recoup your costs.
There are other employment expenses you can claim tax relief for too, such as when you must use your personal smart phone for work-related communications or if you wear a uniform for your job and your company expects you to pay for cleaning it.
With a certified accountant on your side, you can ensure every time you pay out of your own pocket for work-related expenditure, it will be refunded to you.
How much tax will be refunded and how long will it take?
If they opt to use professional tax refund services, Goole employees can appreciate significant returns. While every individual rebate will be different in value, when you use a professional accountant, they will ensure that the money you’re refunded is always the maximum amount possible.
In terms of processing time, claims may vary, but providing there are no significant issues, tax refunds are typically awarded within six weeks of your accountant making the claim.
Specialists in tax refunds on your side
At Adaptive Accountancy, we’ve made it our mission to ensure our clients never pay more of their hard-earned money to HMRC than necessary. We won’t need much to get started on your claim for refundable tax. For example, if you’re looking to recoup your travel expenses, we’ll just need to know where you worked, how you got there and how much it cost you.
If you’re concerned that your paperwork is in a muddle and you can’t find your P60s, don’t worry, that’s what we’re here for. We’ll simply use your last income statement or pay slip instead.
Contact our expert team using the contact form below and start reclaiming your tax today.