Tax Relief

Warning of tax breaks as “individuals are fully ignorant” that they’ll declare as much as £ 3,000 on common | Private finance | Funds

For example, those who work from home can claim tax breaks. Individuals required to wear uniforms, work clothes and purchase tools may also be eligible for a tax reduction on labor costs.

It does not contain Personal Protective Equipment (PPE) as there are different rules.

The government states: “You cannot claim tax breaks on PPE.

“If your job requires the use of PPE, your employer should either:

  • Give PPE for free
  • Ask to buy it and reimburse you. “

DO NOT MISS

Tax expert Tommy McNally from Tommys Tax recently highlighted that consumers are unknowingly entitled to huge discounts.

“Make sure you are taxing all of your labor costs,” he said.

“A lot of people don’t realize that they can claim for things like working from home, washing their uniforms or traveling, which is much more common now.

“That’s when you’re employed or your own boss.”

It details how those who use vehicles – be it cars, vans, motorcycles, or bicycles – to work can get tax breaks.

This does not include travel to and from work unless it is a temporary job.

How much a person can claim depends on whether or not they are using:

  • A vehicle that they bought or leased with their own money
  • A vehicle owned or leased by the employer (a company vehicle).

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