CIRC 012: CHECKING YOUR TAX

In the last few years 3018 Members from the POA have had their tax checked using the specialist employee tax review service offered by The Tax Refund Company.

1098 Members (or 1 out of every 3 checked), have discovered HMRC had got their tax wrong and was making them pay too much tax. Most have also seen an increase in their net pay as well.

The average amount HMRC has refunded to our Members is £137.12 each, although some have got back over £1,196.

These figures demonstrate the real importance of checking your tax code to make sure you are not paying too much. Not only could this result in an increase in your take-home pay in future months and years, but you could also get back money you overpaid in previous years.

I’m pleased to tell you that The Tax Refund Company has recently launched a new brand called “Check My Tax”. You can now have a tax expert check your tax and if you have paid too much tax, they will send you all the HMRC forms already filled in, and clear, easy-to-follow instructions so you can get your tax codes corrected and get your own money back from HMRC.

There’s still the option to have all the work done for you if you don’t wish to deal with HMRC yourself, but now you have the option of receiving 100% of your refund directly from HMRC or paying a fee out of any money you get back.

With 1 in 3 Members paying too much tax, it would make sense to check your tax as soon as possible – either doing it yourself if you know how and have the time or getting it professionally checked if you don’t.

If you would like to get it checked professionally, the first step is to take a quick 60 second FREE review that will tell you if you could be paying more tax than necessary - just visit www.poatax.co.uk

This is your hard-earned money. Why let the Taxman keep it?

Yours sincerely

STEVE GILLAN
General Secretary