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| Are
you entitled to a tax refund? |
One of the most common questions that
we get asked is: "Am I entitled to a tax refund?" Everyone's
circumstances are different, however there are a number of common
factors which can be isolated to assess if you are eligible for
a tax rebate.
- How
do I know if I am entitled to a tax rebate?
- What
forms do I need to claim my tax refund?
- How
can I calculate my tax refund entitlement?
- What
is the deadline for applying for a tax rebate?
How do
I know if I am entitled to a tax rebate?
It will depend on how much income and tax you have paid in the year.
As a general rule of thumb, if any of the following apply then you
will be able to apply for a tax rebate from the Inland Revenue:
If any of the above apply then you
can apply for a tax
rebate assessment
What forms
do I need to claim my tax refund?
The more information that you can provide with your application,
the quicker and more straight forward it will be. In order to make
a claim you will need:
How can I calculate my tax refund entitlement?
If you have a P45/P60 or your wage slips which show how much
you have earned in the tax year and how much you have paid in tax
you can calculate your tax rebate entitlement.
All you need to do is take the income
and tax figures for the year and input them in the tax
rebate calculator. The calculator will then work out how much
you can expect to get back from the Inland Revenue.
What
is the deadline for applying for a tax rebate?
If you want to claim your tax rebate you will need to do so within
6 years of the tax year that you are claiming for. The deadlines
can change so we recommend that you submit your application as quickly
as possible to avoid the rebate expiring.
Disclaimer:
The above information can not be taken as advice and is for illustration
purposes only. Please call Tax Fix before making any claims or confirmation.
Tax Fix can not accept any liability for action taken and any losses
incurred.
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