Each tax year will be recalculated if you enter a claim. This often identifies other overpayments due to incorrect tax codes, multiple employments, ceasing of job, etc. In these cases we can identify a much larger tax rebate. We regularly identify rebates of over £1,000 for customers who were originally estimated a lower amount.
If you claim now you will receive tax relief for the current tax year and future years that allowances continue to apply, paid through your monthly pay, no charge will be made on future tax relief or refunds.
You don't need to make any upfront payment to us in order for us to check if you are due a rebate.
We will ensure that your current year reliefs are correct and that your future year allowances are adjusted in line with the current year to ensure you are no longer being overtaxed. There will be no charge calculated for amending your current tax code and you will receive any tax refunds due in the current year and in future years directly.
If you are due a refund in the 4 previous tax years we will receive that refund from HMRC on your behalf and deduct charges in accordance with those quoted on the website prior to making a payment to you.
Standard deduction is 30% + £30, plus VAT, where due on any refund payment HMRC send us before passing payment on to you. Charges are limited to the previous 4 tax years we check and we will not make any deduction on future tax refunds.
If no refund is due the service is FREE to use. If a refund is due standard pricing is 30% + £30, plus VAT, where due on any refund payment HMRC send us before passing payment on to you. The charge is levied on all refunds received from HMRC covered by the claim period (4 previous years) regardless of reason. When entering a claim you agree to legally and unconditionally assign the rights to any refund for the previous 4 years to OTR, when payment is made to us we will forward the residual balance to you net of our agreed fees. On receipt of the form HMRC will manually reconcile (calculate) your tax liability for each year of your claim. If unreconciled differences are present on your taxpayer record for any year these differences may positively or negatively effect your tax liability on top of the effect of any allowances or expenses claimed for. HMRC perform a more basic automatic reconciliation on taxpayer records from April to November in the tax year following the end of each tax year. By submitting your claim you forgo the rights to any benefits that may have been accrued as a result of HMRC performing an automatic reconciliation, from the date your form is received by HMRC.
Teacher gets £140 rebate, easily. So could you.
CRAIG Walker’s dad played professional football for Wolverhampton Wanderers so it’s no surprise that he has carved out a sporting future for himself – he is head of PE at Tudor Grange Academy in Solihull.
He teaches a variety of sports, (he admits his favourites are rugby and cricket), so he needs a variety of kit to cover indoor and outdoor activities and all weathers – which takes quite a chunk of his salary.
“I need a new pair of trainers every year and that costs £80 alone,” says Craig. “There’s also tracksuit bottoms, polo shirts and all-weather gear. It takes a considerable amount from my pocket.”
So he was delighted to spot a friend’s Facebook link to Teacher Tax Rebate and has claimed back nearly £140 in union fees and sportswear.
The rebate came in especially useful as his wife recently decided to go it alone and set up her own beauty therapy business working from home. The couple used the rebate money for a short break in Cornwall with their two-year-old daughter.
“We love Cornwall and spend a lot of time there with my wife’s family near Falmouth. It normally involves trips to the beach – my daughter’s crazy for the beach! And there are farm visits too.
“The rebate feels like a bonus. I think I’m quite financially naïve in terms of tax but when I saw my friend’s link I had a look at it out of curiosity. The process was really smooth and ridiculously easy. It was no hassle at all. It was very obvious and clear what to do.
Craig has now recommended the website to his colleagues at Tudor Grange, which has 1,500 pupils and is nationally acclaimed for its results – not just academically but in sport, too. Earlier in the summer, Craig’s Under-15 girls’ cricket team made it to the Lady Taverners’ national finals at Lords, having won the county title at Edgbaston and the regional title at Trent Bridge. They finished fourth in the national finals.
“They were fantastic,” says a proud Craig, who was also delighted when the Academy’s Under-14 boys won the Birmingham Cup in a final played at Villa Park.
As well as the traditional sports, Craig has also seen more post-Olympics activities emerging, especially handball and cycling – former Academy pupil Danielle Cahn recently enjoyed success at the world junior championships.
As well as his dad’s sporting prowess, Craig’s teachers at Droitwich High School also helped set him on his teaching career path. “Droitwich had a great provision for sport and this gave me lots of opportunities,” he says. “I had great teachers who supported me and I had opportunities to do coaching too, so this was a logical path for me. I’ve pretty much known what I wanted to do since the age of 14.”
We wish Craig and all the sports teams at Tudor Grange Academy all the best for the coming school year.