Overview
You might be able to claim tax relief if:
- you use your own money for things that you must buy for your job
- you only use these things for your work
You cannot claim tax relief if your employer either gives you:
- all the money back
- an alternative, for example your employer gives you a laptop but you want a different type or model
This guide is also available in Welsh (Cymraeg).
You must have paid tax in the year. You’ll get tax relief based on what you’ve spent and the rate at which you pay tax.
Example If you spent £60 and pay tax at a rate of 20% in that year, the tax relief you can claim is £12.
For some claims, you must keep records of what you’ve spent. You must claim within 4 years of the end of the tax year that you spent the money.
If your claim is for the current tax year, HM Revenue and Customs (HMRC) will usually make any adjustments needed through your tax code.
If your claim is for previous tax years, HMRC will either make adjustments through your tax code or give you a tax refund.
Tax does have to be taxing.
Tax Investigation Insurance
Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.
You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.
Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.
A Solar Protect policy will enable your Accountant (your tax return agent) to:
- Deal with any correspondence from HMRC
- Attend any meeting with HMRC
- Appeal to the First-tier Tribunal or Upper Tribunal
- Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly
- Premiums are Annual Premiums.
- Premiums are inclusive of 12% IPT.
- Premiums and IPT are due in full in advance / at commencement of scheme.
- There is a NIL excess on all policies.
Please click here for details.
HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"
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