According to law, contractors operating in the UK construction industry are required to submit their tax returns every year. This means that you could be entitled for a considerable tax refund. Not just you will be able to claim for the last four years, but you could also save more on your next tax payout, in case they find that you should be on a different taxation code.
Are you aware of the fact that you can more likely claim for any protective or specialized form of clothing that you have purchased for your job, but also the cost of repairing and cleaning these work clothes?
In case you use your own vehicle and uel up on your own, you can even claim your travel costs as well. The same goes for any equipment or tools required for your work, provided the fact that it has not being paid by your employer.
So how do you go about getting your hands on what is basically your money? Contrary to what you perhaps think, the process is rather simple if you follow the vital tips below on tax rebates for construction workers
The prime step here is to fill out an application form online. This quick information helps get better idea of how much money you perhaps be lying unclaimed at the HMRC. This should not take longer than 3 minutes and will not cost you anything at all. Once you have filled out t he form, you can get a better idea of how much you may receive in the end.
Getting together all the documents is an aspect that sounds quite overwhelming, but the instructions will be crisp clear and your refund consultant is merely a call away. For this part, you will require your relevant P60s as well as the P45s for the years you are actually filing the claim for. If you do not have them on hand, make a phone call or send an email and they should be in your possession in no time.
Once you have mailed the claim pack to professionals, just consider it done. From there it is up to experts. They will submit your claim and, if required, liaise with the HMRC on your behalf. With experiences taxation services, you would get this done efficiently and quickly.