Are You Missing Out On Tax Relief?

Are You Missing Out On Tax Relief?

Business Advice, Tax
Do you incur expenses working for an employer that are not reimbursed? Maybe you wear a uniform which you have to launder at home? If you work for an employer and do not fill in a self assessment tax return every tax year, then you may be able to claim tax relief on these expenses. What is tax relief? Tax relief is an amount that can be deducted from a worker’s annual income which will reduce the amount on which tax is paid. Many people miss out on claiming tax relief and reducing their tax bill. Here are a few steps to help you decide if you want to claim tax relief and save yourself some money: Step 1 Understand what you are able to claim for by reading the…
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