Best Certified Public Accountants in High Wycombe

Claim tax relief for your job expenses. You may be eligible for tax relief if: •You spend your own money on things you need for work. •you only use them for work. You cannot claim tax relief if your employer provides you with: •all of your money back. •an alternative, such as if your employer provides you with a laptop but you prefer a different type or model You must have paid tax during the fiscal year. You'll get tax relief based on how much you spend and how much tax you pay. Example If you spent £60 and paid 20% tax in that year, the tax relief you can claim is £12. You must keep records of your spending for some claims. You must make your claim within four years of the end of the tax year in which you spent the money. your claim is for the current tax year, HM Revenue and Customs (HMRC) will usually make any adjustments needed through your tax code. If you make a claim for previous tax years, HMRC will either make adjustments through your tax code or give you a refund. Check if you can claim...