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Tax Rebate Calculator 2021 – 2022

Find out what amount you can claim through Income Tax Rebate

TAX REBATE represents the reduction of taxes due to HMRC by deducting expenses. Through it, both employees and the self-employed can apply for a return. In many cases, people do not ask for a tax refund because they do not know they are entitled to it.
Use this calculator to estimate the amount that can be returned to you by the HMRC.

Investigație HMRC

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    IncomeiFind this information on the TOTAL FOR YEAR section of P60. If you have had multiple jobs you have to add the TOTAL PAY TO DATE field values from the P45 form.

    Employee taxesiThe value you need to enter can be found in the ”TAX DEDUCTED” section in P60 or the ”TOTAL TAX TO DATE” section in P45.

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    Employee/ Agency income

    IncomeiFind this information on the TOTAL FOR YEAR section of P60. If you have had multiple jobs you have to add the TOTAL PAY TO DATE field values from the P45 form.

    Employee taxesiThe value you need to enter can be found in the ”TAX DEDUCTED” section in P60 or the ”TOTAL TAX TO DATE” section in P45.

    Eligible Expenses

    Find out what work expenses you can claim back for 2021/2022

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    You owe to HMRC.

    You can recover a total of

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    Frequently asked questions

    What is P60?

    P60 is the annual tax return issued from the employer where you were working on April 5 of the current year. The information you need from this form is total revenue and total taxes paid.

    What is P45?

    P45 is the form issued to you each time you end an employment contract, either by resignation or dismissal. The information you need from this form is termination date, total revenue, and total taxes paid.

    What amount can I get back?

    You can recover the amount for which the tax already withheld has been deducted. The tax exemption amount depends on the tax rate for the financial year in question. For example, if you are an employee claiming a tax exemption for £ 1000 of allowed expenses, you will receive £ 200, i.e, 20% of £ 1000.

    I don't have a UTR, I only work as an employee, and I receive payslips. Do I have to file year-end closing statements?

    No. But make sure you check to see if you can qualify for Tax Rebate.

    What type of expenses qualify for Tax Rebate?

    You can claim a tax deduction for work-related expenses as long as you keep the required receipts. It is necessary to keep documents P60 and P45 together with the receipts for the expenses for which you are requesting a refund. The list of eligible expenses includes:

    A
    Professional fees (accounting, qualification / vocational training courses)
    A
    Accommodation (hotels and meals)
    A
    Homework expenses (Equipment and materials, tools)
    A
    Fuel costs per mile traveled – you may receive 0.25p per mile instead of 0.45p, which is the HMRC rate (you can claim the difference)