You may be owed a refund for a range of reasons
The average tax refund from HMRC has seen a significant increase over the past year, with the average payout now hitting £1,562.
Many taxpayers may not realise they're due a refund for various reasons, such as having paid too much tax through PAYE. Common claims include expenses for work, ranging from travel costs to accommodation and uniform expenses.READ MORE: You can still get Taylor Swift tickets for her 2024 UK tour Bradley Post, RIFT Tax Refunds' managing director, said: "Despite a drop in inflation, the cost of living remains a substantial obstacle for many to overcome on a month-to-month basis and households across the nation are yet to see the cost of their monthly outgoings drop.", reports the Mirror.
Sectors with frequent tax refunds reportedly include the armed forces, offshore workers, construction industry, and security sector. Builders are allegedly the most refunded group by HMRC, sporting an average one-year tax refund claim of £1,125, reflecting a 3.7% growth annually.
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