Claiming Tax Relief on Work Expenses: What You Need to Know in 2024

Employees may be entitled to claim tax relief on certain work-related expenses if their employers have not reimbursed them. This includes things like uniforms and work clothing, buying equipment, professional fees and subscriptions, using personal vehicles for work travel (excluding commutes), and even working from home. The process of checking eligibility and making a claim is straightforward and can be done through HMRC’s online portal on GOV.UK. Employees can create a Government Gateway user ID to access their personal tax account and claim online.?

However, many employees fall into the trap of using third-party companies to submit claims on their behalf. These companies often charge fees as high as 50% of the refund, with additional administration charges. While it might seem easier to use their services, the real benefit lies in claiming directly with HMRC. This ensures employees get to keep the entire amount they’re entitled to without losing a chunk to commission fees.?

In June 2024, HMRC launched the ‘Don’t Get Caught Out’ campaign to educate employees on safely claiming tax relief. HMRC’s tax relief for employees’ online tool is an invaluable resource, offering clear guidance on what individuals can claim and how to avoid unnecessary fees. The campaign highlights the risks associated with third-party companies making inaccurate claims, which could lead to HMRC reclaiming the money from the employee.?

To safeguard employees, companies should actively promote HMRC’s campaign and equip their teams with the right resources. Employers can request packs from HMRC to help promote safe tax relief claims, ensuring their staff don’t fall prey to unnecessary costs.?

The Infinity Group’s Role in Supporting Compliance?

At The Infinity Group, we understand the importance of staying informed and compliant when it comes to tax matters. Whether you’re navigating CIS, IR35, or other financial regulations, we provide tailored payroll solutions to keep your business on track. From ensuring accuracy in your payroll to helping you stay up to date with the latest legislation, our team is here to assist you every step of the way. Contact us today to learn how we can support your company’s financial compliance needs.?

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