World News – GB – Martin Lewis reveals trick to get £ 125 back if you work from home

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Anyone who has had to work at least one day this year can claim a tax break worth £ 6 per week

The tax break is designed to cover the cost of any expenses you might encounter while working from home, such as heating and electricity, or office supplies Now the HMRC has changed its policy so that the tax break lasts all year – even if the claimant only worked from home for one day during that time.

This saves them from dealing with multiple requests from people who may have to work from home multiple times due to coronavirus or restrictions in their area, said Martin Lewis, money saving expert

The policy means taxpayers on the base rate can earn £ 62 per year by claiming the relief, while those on a higher rate can collect up to £ 124 The only requirement is that they have worked from home for at least one day since April 6, 2020

The tax break also applies to those who work part-time from home or still go to the office the rest of the week

Employees can also ask for more money if working from home has caused them to face higher costs than the tax break – but they will need to provide detailed evidence

A spokesperson for HMRC told Martin: “We recognize that the work-from-home situation is very fluid this year, so we are accepting claims for full year’s expenses.

« This includes even if people have only worked from home for part of the year, so you don’t have to contact us if you need to work from home again »

HMRC has now created a dedicated webpage where people can apply for tax relief for working from home. The tax relief will then be automatically applied, with a letter sent by post to confirm that the change has been made. p>

The result will be less tax taken from workers’ payslips each month for the rest of the year

Work from home tax break

World news – UK – Martin Lewis reveals trick to get £ 125 back if you work from home



SOURCE: https://www.w24news.com/news/world-news-gb-martin-lewis-reveals-trick-to-get-125-back-if-you-work-from-home/?remotepost=450964

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