Not all expenses are reimbursed by employers and currently employees who incur expenses wholly, exclusively and necessarily in the performance of their duties, which are not reimbursed, may submit a claim to HMRC for tax relief on these expenses.
By Chris Davies
Currently HMRC deal with over one million such claims each year in a variety of ways, from letters, posted forms and online forms. The system is extremely inefficient and many employees are not aware or do not understand what reliefs are available to them or how to claim.
As part of steps to become a more digital tax system HMRC have announced that they are developing an online tool to enable employees to make such claims. The system will be simpler to operate and understand for both employees and HMRC.
We do not know expected dates that the system is predicted to go live but it is certainly a welcome initiative.
Please get in touch if you think you may be able to claim work-related expenses or if you need help with your Self Assessment Tax Return.
