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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171 articles found

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hmrc tax

Tax avoidance vs tax evasion: what's the difference?

17th APRIL 2025

When it comes to paying tax, there’s a fine line between playing by the rules and breaking them. This is where the de...

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tax income

What is Corporation Tax and how much is it in the UK?

15th APRIL 2025

If you run a business in the UK, you might have asked yourself the question ‘What is Corporation Tax?’. Simply put, C...

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Save Money On Expenses
tax income

Tax on savings interest: Do you pay tax on savings in the UK?

11th APRIL 2025

When it comes to growing your savings, the last thing you want is an unexpected tax bill eating into your hard-earned...

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hmrc tax

How long do you need to keep income tax records?

03rd APRIL 2025

Keeping track of your tax documents might not be the most exciting task, but it’s an important one. Whether you’re an...

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tax

Households face council tax hikes as high as £191 from today

03rd APRIL 2025

Our latest data reveals which areas of the nation are set to see the largest hikes to council tax as the new financia...

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How To Budget If Youre Self Employed
tax income

What taxes do small business pay?

01st APRIL 2025

Running a small business comes with plenty of challenges and understanding taxes is a big one. So, what taxes do smal...

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tax hmrc

The UK tax year: when does the new financial year start?

01st APRIL 2025

If you’ve ever asked yourself ‘when does the UK tax year start?’ you’re not alone. The UK tax year starts on the 6th...

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income budgeting

5 alternatives to savings accounts​

14th MARCH 2025

What's it all about? This article's designed to help you: Think more broadly about your savings options Understand t...

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tax budgeting

Tax relief on employment expenses: What can I claim?

11th MARCH 2025

Nobody likes paying more tax than they have to, right? That’s where tax relief on employment expenses comes in. If yo...

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