Tax refunds: could you be missing out on money? - podcast episode cover

Tax refunds: could you be missing out on money?

Jun 07, 202320 minSeason 9Ep. 2
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

Are you missing out on money that you could reclaim from the tax office?

 

Employed nurses and other members of the nursing team can claim a refund from HM Revenue and Customs on many work-related expenses.

 

This includes for costs around washing uniforms if employers don’t offer this service, for professional fees, union subscriptions and for journals such as Nursing Standard, and also for mileage if not covered by employers.

 

In this episode, Clare Merrills, a spokesperson for the HMRC, explains what nurses can claim and how to go about getting it back.

 

With the average claim for work-related expenses coming to £125 per tax year, it is well worth doing, she says. 

 

But too many people use an agent to make their claim who can take big cuts from payments awarded.

 

These companies can take 50% or more from the sum that nurses are entitled too, HMRC says. 

 

Ms Merrills tells journalist and podcast host Erin Dean it is simple for nurses to claim themselves and explains how individuals can go about doing it.

 

‘It’s highly likely you are entitled to a claim this extra allowance and it is really straightforward to do it,’ she says. ‘If you’re entitled to it, get it in your pocket.’


For more episodes of the Nursing Standard podcast, visit rcni.com/podcast


Hosted on Acast. See acast.com/privacy for more information.

For the best experience, listen in Metacast app for iOS or Android