Are PAYE Tradesmen due Tax Back?
The simple answer to this is: YES!
It’s still very surprising how many PAYE tradesmen aren’t aware that very often they are due a tax refund.
There are a number of criteria to consider when gauging the eligibilty of a PAYE tax return.
The most obvious consideration, and one that most tax refund companies will concentrate on and, indeed only complete a tax return on this factor, is the mileage in your own vehicle that has been used during the tax year.
Many tradesmen are expected to pay their travel expenses to get to various sites they are working on. These travel expenses can definitely be offset against your tax bill. Even if your employer is compensating you for some of the allowed mileage amount (currently 45p per mile for the first 10000 miles), you can still claim the balance against your tax bill.
We find that many tradesmen will also prefer to use their own tools and can often spend a lot of money getting a good toolkit together. These expenditures can also be used on your tax return to reduce the amount of tax you paid.
The same can be said on some articles of workwear and workboots.
At Bettertax, we make sure we claim the absolute maximum tax rebate for you, taking into account all these expenses, not just travel like some companies.
We know that a lot of construction workers struggle to get their tax returns completed for a variety of reasons and we have helped thousands of guys recover their overpaid tax.
Our self-assessment tax return service is easy to understand and hassle-free. Remember, you don’t have to be self-employed to complete a self-assessment tax return. If you are unsure about your personal tax situation, we’re here to help.
In many cases, people come to us with tax years outstanding and fines on their accounts. Bettertax don’t take a penny until we’ve managed to get their books in order, clear the fines and get the tax refund. Our promise is 100% refund or NO fee!
If you’re PAYE and never done a tax return before and think you may be eligible, call us now 01280 821020, for a friendly chat about your situation.