Millions of UK workers are being urged to take immediate action or risk missing out on a significant tax rebate worth hundreds of pounds. HM Revenue & Customs (HMRC) has issued a fresh alert, reminding employees who have worked from home that they have just days left to claim for the 2023/24 tax year.
The deadline for submitting a claim is fast approaching, with the cut-off set for April 5, 2024. This is your final chance to secure tax relief for the current financial year.
Who Exactly is Eligible for This Tax Back?
You can claim if you were required to work from home for just one day in the tax year. This includes hybrid workers who split their time between the office and home. The key criteria is that you must have been working from home out of necessity, not merely out of choice.
Eligible expenses you can claim for include the extra costs of heating, lighting, and broadband for the room you work in.
How Much Money Could You Be Owed?
The potential rebate is substantial. You can claim tax relief on £6 a week from the current tax year (2023/24), up from £4 a week in previous years.
- Basic-rate taxpayers (20%) can claim £1.20 a week, or £62.40 a year.
- Higher-rate taxpayers (40%) can claim £2.40 a week, or £124.80 a year.
- Additional-rate taxpayers (45%) can claim £2.70 a week, or £140.40 a year.
The real benefit comes from backdating your claim. You can claim for the previous four tax years as well. This means if you've been eligible since the rules changed during the pandemic, you could be in line for a total rebate of over £1,000.
Two Simple Ways to Make Your Claim
HMRC has made the process incredibly straightforward. The quickest and easiest method is through the dedicated online portal on the GOV.UK website. The entire process takes just a few minutes and you will receive any owed tax back through your salary via an adjusted tax code.
Alternatively, you can choose to fill out a self-assessment tax return or the form P87. However, for most people, the online portal is the most efficient route.
Act now: With the April 5th deadline looming, don't delay. This is a legitimate government-backed rebate that thousands are already claiming every week. Check your eligibility and secure the money you are owed.
