RIFT Refunds Blog

This is where you'll find tips on discovering what the taxman owes you and how to get it back. Plus, with an average refund of £3,000, we'll even throw in some hints on spending your reclaimed cash as well as how to make the most of your money!

All Articles

174 articles found

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budgeting

Kids Saving Accounts: Regular Saving Account or JISA?​

11th MARCH 2025

What's it all about? This article's designed to help you: Plan for your kids' financial futures Understand the pros...

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budgeting tax

Property Tax and How To Budget For Stamp Duty​

07th MARCH 2025

What's it all about? This article's designed to help you: Understand what Stamp Duty is and how it affects you. Budg...

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Pushpin On Map 5652021
tax hmrc

Tax Statistics UK: An overview

03rd MARCH 2025

Understanding tax statistics helps you get a clearer picture of where your money goes and how the government is using...

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tax income

What is a benefit in kind?

22nd FEBRUARY 2025

Benefits in kind (BIKs) are non-cash perks provided by your employer, which are excluded from your salary or wages –...

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Save Money On Expenses
hmrc tax

P45 vs P60: What's the difference?

18th FEBRUARY 2025

Getting the hang of UK tax documents is key for staying on top of your finances, avoiding paying too much and making...

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tax hmrc

Does RIFT Refunds Change your Tax Code?

05th FEBRUARY 2025

Does your tax code look wrong? Has it changed unexpectedly after you claimed a tax refund? Don’t worry – RIFT has you...

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What Is Rental Income Tax Return
hmrc income

What is Working Tax Credit?​

24th OCTOBER 2024

The government’s gradual roll-out of the Universal Credit scheme is designed to draw together a range of existing ben...

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Bigstock Client Signs Home Loan Documen 435294155
tax income

What is the Home Office Allowance?

21st SEPTEMBER 2024

Reviewed by RIFT's Quality and Service Manager, Edward Waine ATT The Home Office Allowance is a tax-free sum tha...

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Money
tax budgeting

The trading allowance in the UK: A comprehensive guide

18th SEPTEMBER 2024

The trading allowance is a UK tax relief that makes the tax process simpler for small business owners and people with...

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