Income Tax Calculator
Claiming tax back
posted on: August 15th, 2011
Everybody employed in the UK has to pay income tax and national insurance contributions. These payments are deducted from workers wages before they are paid and are known as PAYE (Pay As You Earn). Paying too much tax Workers only have to start paying tax after they have earned more than £7475 in a year, so anybody who has earned less than that should not have to pay any tax. Sadly, this is not always the case, and every year, thousands of workers lose out on money by having tax they are not obliged to pay deducted from their wages. This is not uncommon and it most usually occurs when employers make clerical errors or if employees are using the wrong tax code.
Claiming back tax Of course, this tax can be claimed back. However, making a claim can sometimes be a bureaucratic and lengthy process that can test the patience of even the most mathematically minded of people. Thankfully, by using services such as ours here at bestatxback.com, anyone who believes they are entitled to a tax rebate can spare themselves the stress of phoning tax inspectors and filling out endless forms by using the handy
PAYE calculator on our website and following the guidance of our helpful expert advisors. So, if you believe too much tax has been deducted from your pay packet this year, get in touch with us here at besttaxback.com. You may be entitled to a bigger tax rebate than you think!