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!

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174 articles found

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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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hmrc tax

What is Marriage Allowance?​

07th JANUARY 2025

A lot of couples in the UK aren’t getting the most from their Marriage Tax Allowance. Are you one of them? A wrinkle...

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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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income tax healthcare

Carer or Care Worker? A Quick Guide to Tax Refunds & Benefits

08th OCTOBER 2024

What's it all about? This article's designed to help you: Understand what we mean by Care Worker Find out what Care...

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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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tax hmrc income

Entrepreneurs’ Relief: How it works and who can benefit

14th SEPTEMBER 2024

Now officially renamed as Business Asset Disposal Relief (BADR), Entrepreneurs’ Relief is a tax relief available if y...

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tax income

A beginner's guide to the Capital Gains Tax allowance in the UK

10th SEPTEMBER 2024

Capital Gains Tax (CGT) is a tax on any profit made after selling or disposing of certain assets. Understanding capit...

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