Mrs Mean Money Show

Ep - 68 Time to get some tax back

February 02, 2024 Lindsay Cook & Glen Thompsett Season 1 Episode 68
Ep - 68 Time to get some tax back
Mrs Mean Money Show
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Mrs Mean Money Show
Ep - 68 Time to get some tax back
Feb 02, 2024 Season 1 Episode 68
Lindsay Cook & Glen Thompsett

Tax returns have been filed so it is now time to find out if there is any money that HMRC owes you, and the quicker you are the more you might get. 
The current tax year ends on April 5 and if you make a claim before then for an allowance you should have then you may be able to backdate the claim to 2019.
And there is lots of money waiting for you to claim it.  
There are 2.1 million couples who are eligible for the married couples' allowance who have not claimed it.  They could be able to claim up to £1,256 and have it in their bank accounts in weeks.  
If you still have to work from home a tax rebate could be waiting for you.  If you need specialist tools or uniform for work then you might be able to get money from the tax office. 
Use your trading, property and savings allowances.   
Rent a Room out and pay no tax on the £7,500 you receive from your tenant. 
Make sure you claim the full  tax relief on any charitable donations and for pension contributions. 
We all need to get what we are due.

From Passion to Purpose

"From Passion to Purpose" is a podcast that explores the world of nonprofit...

Listen on: Apple Podcasts   Spotify

Please send ideas questions, tips and warnings about rip-offs to Mrs Mean through the contact page on her website: mrsmeanmoneyshow.co.uk or to infomrsmean@gmail.com

Show Notes Chapter Markers

Tax returns have been filed so it is now time to find out if there is any money that HMRC owes you, and the quicker you are the more you might get. 
The current tax year ends on April 5 and if you make a claim before then for an allowance you should have then you may be able to backdate the claim to 2019.
And there is lots of money waiting for you to claim it.  
There are 2.1 million couples who are eligible for the married couples' allowance who have not claimed it.  They could be able to claim up to £1,256 and have it in their bank accounts in weeks.  
If you still have to work from home a tax rebate could be waiting for you.  If you need specialist tools or uniform for work then you might be able to get money from the tax office. 
Use your trading, property and savings allowances.   
Rent a Room out and pay no tax on the £7,500 you receive from your tenant. 
Make sure you claim the full  tax relief on any charitable donations and for pension contributions. 
We all need to get what we are due.

From Passion to Purpose

"From Passion to Purpose" is a podcast that explores the world of nonprofit...

Listen on: Apple Podcasts   Spotify

Please send ideas questions, tips and warnings about rip-offs to Mrs Mean through the contact page on her website: mrsmeanmoneyshow.co.uk or to infomrsmean@gmail.com

(Cont.) Ep - 68 Time to get some tax back