FAQ
1. What is a tax rebate?
2. Am I entitled to a tax refund?
3.When can I claim my refund?
4. Do I have to wait till the end of a
tax year to receive a refund if I make a claim midway through
a tax year?
5. How far back can I claim a refund?
6. How much tax can I expect to get back?
7. What do I need to make a claim?
8. What are a P45, P60 and SC60/CIS Voucher?
9. I’ve lost my P45/P60, what can
I do?
10. What is a statement of earnings?
11. How long will it take to get my refund?
12. Do I need a National Insurance number
to make a claim?
13. Can I claim my National Insurance
contributions?
14. How much will it cost me?
15. How do I make a claim?
16. What is emergency tax?
17. What is the financial year?
18. What is a Personal Allowance?
Q1. What is a tax
rebate?
A1. A tax rebate is a refund of overpaid
tax determined by the Inland Revenue during a financial
year.
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Q2. Am
I entitled to a tax refund?
A2. Anybody who has worked in the UK,
regardless of nationality, who has overpaid taxes, may
be entitled to claim a refund. See examples below: -
- Anyone who has not worked for a full financial year (6th
April to 5th April the following year)
- If you are on an emergency tax code.
- If you are in the construction industry and have paid taxes
under the CIS scheme.
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Q3.When
can I claim my refund?
A3a. You can claim a refund at the end
of a tax year, (April 5th).
A3b. When you have finished working and
won’t be working again during that financial year.
A3c. If you leave the country and won’t
be returning to work in the UK again until after the end
of the financial year.
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Q4. Do
I have to wait till the end of a tax year to receive a refund
if I make a claim midway through a tax year?
A4. No, you can claim at any time of the
year and if eligible for a refund, you should receive it
in approximately 10/12 weeks from submission of claim.
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Q5. How
far back can I claim a refund?
A5. You can claim a refund as far back
as six years, and as most people are not required to make
statutory returns, there are no penalties.
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Q6. How
much tax can I expect to get back?
A6. If your earnings are less than £4,895
in the 2004-2005 financial year then you are entitled to
a full tax refund of any tax paid. If you have earned more
than your tax-free allowance, go to our tax calculator
to find out if you are due a refund.
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Q7. What
do I need to make a claim?
A7. You will need to complete our questionnaire,
sign the forms where indicated with an X and send them
to us with your P45 for each employment you have had during
the tax year and a P60 from the company you were employed
by at the end of the tax year (5th April). If you have
lost any P45’s or P60’s then you will need to
obtain a Statement of Earnings from your employer.
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Q8. What
are a P45, P60 and SC60/CIS Voucher?
A8.
P.45: You receive a form P45 from your employer once you
have ceased working for them. It is your employment-leaving
certificate, which provides information regarding your total
gross earnings and total tax paid.
To ensure your claim is successful you
must retain your P45(s) and submit all of them with your
claim.
P60: If you are still working for an employer
at the end of a financial year (5th April) you will be issued
with a form P60. This form records your total gross earnings
and is proof of the tax you have paid up to the end of that
financial year.
SC60/CIS VOUCHER: The construction industry
operates a slightly different scheme, CIS vouchers have superseded
the old SC60S. A CIS voucher (Construction Industry Scheme
voucher) should be issued after the 5th of each month and
you must keep these vouchers in a safe place, as they cannot
be reissued. This is a certificate of pay showing your income
and tax paid on those earnings.
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Q9. I’ve
lost my P45/P60, what can I do?
A9. Don’t panic, your employer can
issue you with a Statement of Earnings as a duplicate.
You will need a Statement of Earnings from each employer
that you have worked for during that financial year. If
you have left the UK and are unable to get your P45 or
P60 our consultants can request a copy from your ex employers
for a one off fee of £10 deductible from the refund
secured from you claim. Please request this service by
ticking the “YES box at the bottom of our Questionnaire
Form.
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Q10. What
is a statement of earnings?
A10. Employers are not allowed to issue
duplicate P45 or P60 certificates. If you lose your P45
or P60 certificate you may be able to obtain a Statement
of Earnings from your employer which should contain the
following information:
- Yours employer’s PAYE tax district
and reference number
- Period of employment
- Total gross earnings
- Total tax deducted
If you have already left the country, you
could contact your employer(s) by phone, e-mail or through
their website as you will need a Statement of Earnings from
each employer you have worked for during that financial year.
Employers are obliged by law to provide you with a Statement
of Earnings going back up to 6 years.
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Q11. How
long will it take to get my refund?
A11. Once we have completed our work and
handed the documents into the Inland Revenue it may take
approximately 10-12 weeks for the Inland Revenue to process
the refund.
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Q12. Do
I need a National Insurance number to make a claim?
A12. No, you are still entitled to claim
if you do not have a National Insurance number. Although
it may cause a delay in obtaining your refund, RIFT International
can apply for a temporary National Insurance number on
your behalf as part of our service.
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Q13. Can
I claim my National Insurance contributions?
A13. Not as a cash refund but you can transfer a portion
of your contributions to a UK private pension which will
mature once you reach retirement age.
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Q14. How
much will it cost me?
A14. You have nothing to pay up front;
we charge a fee of 17% + VAT of your refund which is deducted
once the refund is secured. The balance is then passed
on to you and if we are not successful in claiming your
tax refund, you pay us nothing.
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Q15. How
do I make a claim?
A15. You can download our forms on this
site, there is a guide of all the documents you need to
sign where marked with a X or to complete. Send all the
documents to us together with all the P.45’s or P.60’s.
Or you can call us on +44 (0) 1233 649217, or email on justyna@riftuk.com,
and we can send you a pack for completion.
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Q16. What
is emergency tax?
A16. When you first start working in the
UK the Inland Revenue will need to assess that you should
be taxed. This is determined by your age and other personal
circumstances. Once you have been assessed they issue a
tax code to your employer that tells them at what rate
to deduct you tax. Until this code is issued, your employer
will deduct tax at the emergency tax code which will be
denoted by the letters BR, X, WK1 or MTN1. This can result
in an overpayment of tax.
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Q17. What
is the financial year
A17. A financial year is more commonly
known as the tax year and this runs from 6th April to 5th
April the following year.
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Q18. What
is a Personal Allowance?
A18. A personal allowance is a tax-free
amount of income that you are entitled to earn in each
tax year. For example, the 04/05 tax year, the personal
allowance is
£4895.
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Tax Clients
You can claim two tax credits
Child tax credit and working tax credit
Tax Credits:
Tax credits can normally only be backdated up to 3months.
To qualify for tax credits you must have
– National insurance number
– Bank Account
Child tax credit is a payment to support families with children.
You can claim it if you, or your partner are responsible for at least one child.
– Working tax credit is a payment to top up the earnings of low paid working people inlcuding those who do not have children.
The amount of your working tax credit award is based on your circumstances and your income.
Child benefit
– If you are living in the UK and you have a child/ children you can get child benefit.
To apply for child benefit you must have
– National insurance number
– Home office
– Bank account
To find out more about that contact us.
National Insurance number:
Every worker in the UK has a national insurance number. It is used to keep track fo your social security contributions.
To get a national insurance number you must make an appointment for an interview.
We can do it for you.
If you are interested and need help please feel free to contact us.
Registering with the home office:
As soon as you start work you need to register with the home office.
You have one month to register your employment, if you do not do this your employment will be illegal.
For one year you have to register time you change employer.
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