RIFT at 21: Join the Celebration!
26th February 2020
1999: Who Wants to Be a Millionaire's at the top of the TV ratings, Family Guy and Spongebob SquarePants hit the small screens and we're all being wowed at the cinema by the likes of Toy Story 2 and The Matrix. Britney wants her baby to hit her one more time while the rest of us are carefully calculating how many Furbys and fingerboards we need to buy before we're cool.
Meanwhile, in the wilds of Ashford, a company named RIFT was born – and the taxman trembled...
As of February 2020, RIFT has officially turned 21 years of age! That means it's old enough to supervise a learner driver, get a provisional licence to drive a heavy goods vehicle, pilot a helicopter or even adopt a child! To celebrate, we're not going to be doing any of those things. Instead, we're taking a look back at what RIFT has accomplished since first setting off on our adventures back in 1999. We're going to be throwing some pretty amazing numbers around here, so hold onto your hats!
Putting millions back in your pockets
In the last 21 years, RIFT has claimed back an incredible £240,969,717 from HMRC for people just like you! That's right, we're talking about literally hundreds of millions of pounds clawed back from the taxman and put back in your pockets. Remember – tax refunds aren't some dodgy way of getting one over on the system. This is all money that never should have been lost in the first place. In just the last year alone, we've reclaimed £35,196,605 for 26,110 customers. That's well over a grand apiece on average!
Helping more people than ever
In total, RIFT has put refund cash back in the wallets of 105,122 people. Every year, many more than this lose out to the taxman by not claiming back everything HMRC owes them – or never even claiming at all. Average refund amounts are going up each year, but so much of that money is left lining the taxman's pockets. It may not be too late if you've missed out on claiming before, though. You can still get your money back for up to 4 years - and with over 2 decades of experience, RIFT can get it done right.
Protecting those who protect us
RIFT is immensely proud of the work we do looking out for the UK's Armed Forces community. In 2019, we handled 16,844 MOD tax refund claims, for a total of £12,356,214 put back where it belonged. Working with 47,500 MOD employees since 1999, our lifetime total comes to an astonishing £78,389,263 claimed back for the men and women who risk their lives to defend our own.
Building on success
Construction is one of the most dynamic and essential industries in the UK, and RIFT has always fought hard to keep the taxman honest when it comes to the building trade. In fact, it was the sight of an elderly construction worker struggling across a muddy field on a frosty morning that first inspired our founder, Jan Post, to set RIFT up. Since that chance encounter, we've helped 52,534 CIS and PAYE construction workers settle the score with HMRC, for a lifetime total of £153,538,692 put back in their wallets. £20,058,407 of that was in the last year alone, when we handled 18,159 construction claims altogether.
Getting the word out wider than ever
Pretty much any industry in the UK can claim back overpaid tax from HMRC, whether for essential travel to temporary workplaces, maintaining your tools and equipment or even food and accommodation when you're on the road. For example, RIFT has helped 2,116 offshore workers claim back £3,727,120 to date, along with putting £1,843,717 back in the hands of 1,285 people working in security. It really makes no difference what you do for a living. If you're reaching into your own pocket for the essential costs of doing your job, there's a good chance you've got a tax refund coming your way. All you need to do is prove what you're owed and make your claim – and RIFT makes that simple, fast and stress-free.
If you're looking for a reason to celebrate, check whether you're due a tax refund from HMRC. There could be thousands of pounds waiting for you to claim it. Use our free tax rebate calculator to get an instant estimate of how much cash you could be owed.