call us now for more information

phone 0203 137 5773

info@taxrefundpro.co.uk

Expense Claims

We can help you claim tax relief for a number of expenses that you may incur as a direct result of your job. This can be claimed for both PAYE and CIS clients, although the level of tax relief does vary depending upon how you are employed. If you have to pay for anything out of your own pocket which your company does not repay you for then you may be able to claim tax relief for your expenses. This is a complex area so please contact a tax consultant on 0203 137 5773 for further information.

 

CIS or Self Employed

 

As a self employed person or CIS worker, you are able to claim tax relief on any expenses that you have to incur in order to do your job. This includes, but is not limited to, travel, tools, work clothing, mobile phone bills, stationary and office supplies etc. You must keep receipts, and we can help you claim these expenses when you complete your Self Assessment.

PAYE (Pay as you earn – standard employed)

Business Mileage

If you are required to travel to different places for your work and your employer does not pay your petrol, then you can currently claim 40p per mile for the first 10,000 business miles you do in your personal vehicle each year and then 25p for each mile after that. You do not need to have kept your petrol receipts for this – we just need a travel log.

 

Claim tax relief for your tools

 

If you have a buy tools and other materials out of your pocket for your job (such as a mechanic) then we can claim tax relief for the full amount that you have spent. We will need you to keep receipts for this so we can prove how much you have paid out. If you don’t have your receipts, some companies such as Snap On, ITS and Screw Fix can provide you with a full account print out.

 

Uniforms Allowance

If as part of your job you are required to wear any kind of uniform that displays the company's name on it e.g. If a shirt says "Tesco's", then you can claim £100 per year in tax relief.

 

This is designed to go towards the cost of washing/ironing your uniform. We offer this as an entirely free service - you can simply download a form by clicking the link below and send it into your local tax office to claim this relief. Please note - do not send the form to us as we cannot process it – it needs to be sent to HMRC’s address which you will find on the form.

 

Example one – Carers tax rebate

Maureen works as a carer and she is employed. She uses her own car to travel to and from her patient’s houses every day. Each day she can be sent somewhere different. Her employer pays her 15 pence for each mile she travels.

 

Maureen is still able to claim some extra relief as her employer has not paid her the full amount that she is entitled to claim for. For the first 10,000 miles each year she can claim an additional 25 pence per mile. This will then mean she has received the maximum 40 pence per mile.  Maureen is not allowed to claim for her regular journey to and from the main office everyday (the same as Sally can’t), but she can claim for her mileage when she is out and about going to different destinations.

Example two – mechanics tax rebate

Ben works as a mechanic and works in a garage. He is not self employed, but he does have to pay for tools in order to do his job. His boss does not provide certain tools and does not reimburse him for anything he pays out for.

 

Ben is able to claim full tax relief on all of the tools he buys for his job and is very likely to get a large refund. He can claim for a specialist spanner that he buys, but he cannot claim for a power drill that he bought for home DIY.

Example three – every day travel

Sally is employed and works in a shop. She travels 10 miles each day to her job and travels in her own car where she has to pay for the petrol. Sometimes, her husband uses the car for work and on these days she has to pay to use the bus.

 

Because Sally travels to the same destination each day she is not entitled to claim for any travel expenses. She has to get to the shop in order to earn her wage and this is simply part of her job. However, Sally could possibly claim uniform allowance if she wears any item of clothing with the companies name displayed eg. ‘Tesco’s.

How do expense claims work?

If you need to spend money out of your pocket in order to carry out your job or find customers then this expense is tax deductable. What this means is that you are able to offset this expenditure against your wages or any profits that you earn. By doing this it reduces the amount of tax that you have to pay, and in most cases it results in a tax refund for past tax years.

 

In order to claim this type of work related expense it is likely that we will need to complete a self assessment tax return, or similar form. When all of the paperwork is complete we submit this to the tax office. What we are asking them to do is to look at the amount of money you have had to spend out and reduce your tax bill accordingly. If you have overpaid in the past they will simply refund this money to you.

Am I eligible to claim expenses?

There is no straightforward yes or no answer to this question – it really depends on the nature of your job and possibly your employment contract. Below are a couple of examples that may help to answer this question, but for more detailed information please contact one of our tax consultants.

Copyright © TaxRefundPro, Wear House, Topsham Road, Exeter, EX2 7AE