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!

193 articles found

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HMRC and Tax

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 that you...

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Money
HMRC and Tax

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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HMRC and Tax

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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HMRC and Tax

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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Understanding A CT600 Form With RIFT Tax Refunds
HMRC and Tax

What is a CT600 form? A guide to the UK Corporation Tax return

26th AUGUST 2024

A CT600 form is an important document for UK businesses. It’s used to calculate how much Corporation Tax you owe HMRC...

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HMRC and Tax

Second Job tax - how does tax work with two jobs in the UK?

23rd AUGUST 2024

Reviewed by Helen Lambkin, Assistant Operations Manager at RIFT Tax Refunds Whether you’re saving for something speci...

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HMRC and Tax

Understanding what the 500 0T tax code means and how to fix it

16th JULY 2024

Reviewed by RIFT's Quality and Service Manager, Edward Waine ATT A tax code is a string of letters and numbers that t...

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HMRC and Tax

Understanding what the 0T tax code means and how to fix it

08th JULY 2024

Reviewed by Connor Masters ATT, Senior Tax Specialist at RIFT Tax Refunds A tax code is a string of letters and numbe...

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HMRC and Tax

UK paying more tax than ever under Sunak, £2.55bn per day, as election looms

20th JUNE 2024

We can reveal that over the reign of the last seven prime ministers, the UK is paying the most tax now under Rishi Su...

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