Tax Rebate Working From Home – Martin Lewis has confirmed that the Working From Home tax has been extended to the new tax year which began this week.
That means that anyone who is required to work from home, even for one day within the year 2021 or 2022 is eligible to receive the entire year’s tax relief. the government’s ‘ microservice ‘ will automatically give it to you.
In his latest MoneySavingExpert newsletter Mr. Lewis says claimants could be able to earn as much as PS250 per year.
He stated: “If you were eligible to claim a tax deduction for the previous fiscal year (2020/21) you are able to claim that and for this tax year. Just mark the boxes for tax years in which you are eligible. This could mean that you can earn as much as PS250 in all.
“Pre-pandemic, you could only claim the working-from-home allowance for the specific time you had to work from home. That changed when the microservice was launched in 2020, a few months into lockdown.”
The basic tax change implies that if you’ve been working at home at night and had to pay extra expenses to heat, electricity, or other expenses that you can claim tax credits if you’ve experienced increased expenses due to the.
HM Revenue & Customs (HMRC) has confirmed specifically that claims of employees working from home because of coronavirus measures, even if their normal workplace is closed, will be counted.
In the event that determining how to allocate additional costs like electricity and heating can be a bit of a problem, the claimants are able to simply get a payment of PS6 per week.
He added: “HM Revenue & Customs informed me at the time: “We recognize that the working from home situation is a bit tense this year, and we’re making claims for the whole year’s expenses, even though individuals have only been working at home for a portion of the time, in order in order to not have to contact us in the event that you need to return to working from home.”
“I suspect it’s also to save HMRC processing costs to stop people needing to put in multiple claims, eg, having had to work at home, then not at home, then back at home again.”
Mr. Lewis stated that he has been pushing this tax “hard” and that substantially over two million people have already paid the tax.
He also said: “By the way, If you feel “I don’t think I’m worthy of this”, but are due it, you could always claim it and donate it to a charity that does.”
Learn how to claim taxes on this page.