We all love getting the most out of our money, so why not follow the same rule when it comes to claiming tax back? We’ve got some tips to speed up your tax rebate.
Fill in as much information as you can
Once you have received your tax pack, there are a few forms to complete. It’s important that you fill in as much information as possible, to speed up the process. However, if you’re not sure on something, please contact us and we will be happy to help.
Sign away
After you’ve completed the necessary forms, don’t forget to sign and date where required. Signing the forms means we can process your tax claim, getting the money into the bank as soon as possible. Once it’s in the bank, it’s yours to spend!
Remember your paperwork
Sending us paperwork needn’t be complicated. Simply photocopy any required paperwork and send us the copies. You’ll need to include the basics, such as a copy of your passport or driving licence, and a recent bill as your proof of address. Any additional documents will depend on your circumstances, but will usually include expense receipts, CIS statements and mileage records. Remember, no original documents!
Don’t forget your expenses
When filling in your expenses, remember not to round these figures up or down. Accuracy is key here, as your tax rebate will be incorrect if you state the wrong figures. If you’re not sure which expenses you could claim back, our guide to expenses is worth a read.
When claiming back your expenses, don’t forget to include copies of your receipts. The best way of making this as simple as possible is to keep track of your receipts. For transactions completed online, storing receipts is a simple matter of hitting download. For offline transactions, it’s a good idea to invest in a cheap scanner to save paper copies electronically. You’ll then find it much simpler when trying to claim back your expenses.
Help from your tax expert
At Brian Alfred, we take care of your tax rebate whilst you focus on your career. If you have a question, no matter how big or small, we’re happy to help. If you need a hand completing your tax claim pack, don’t hesitate to call us on 0208 570 1750 or contact us.
