Each tax year will be recalculated if you enter a claim. This often identifies other overpayments due to incorrect tax codes, multiple employments, ceasing of job, etc. In these cases we can identify a much larger tax rebate. We regularly identify rebates of over £1,000 for customers who were originally estimated a lower amount.
If you claim now you will receive tax relief for the current tax year and future years that allowances continue to apply, paid through your monthly pay, no charge will be made on future tax relief or refunds.
You don't need to make any upfront payment to us in order for us to check if you are due a rebate.
We will ensure that your current year reliefs are correct and that your future year allowances are adjusted in line with the current year to ensure you are no longer being overtaxed. There will be no charge calculated for amending your current tax code and you will receive any tax refunds due in the current year and in future years directly.
If you are due a refund in the 4 previous tax years we will receive that refund from HMRC on your behalf and deduct charges in accordance with those quoted on the website prior to making a payment to you.
Standard deduction is 30% + £30, plus VAT, where due on any refund payment HMRC send us before passing payment on to you. Charges are limited to the previous 4 tax years we check and we will not make any deduction on future tax refunds.
If no refund is due the service is FREE to use. If a refund is due standard pricing is 30% + £30, plus VAT, where due on any refund payment HMRC send us before passing payment on to you. The charge is levied on all refunds received from HMRC covered by the claim period (4 previous years) regardless of reason. When entering a claim you agree to legally and unconditionally assign the rights to any refund for the previous 4 years to OTR, when payment is made to us we will forward the residual balance to you net of our agreed fees. On receipt of the form HMRC will manually reconcile (calculate) your tax liability for each year of your claim. If unreconciled differences are present on your taxpayer record for any year these differences may positively or negatively effect your tax liability on top of the effect of any allowances or expenses claimed for. HMRC perform a more basic automatic reconciliation on taxpayer records from April to November in the tax year following the end of each tax year. By submitting your claim you forgo the rights to any benefits that may have been accrued as a result of HMRC performing an automatic reconciliation, from the date your form is received by HMRC.
Tax Rebates for Biomedical Scientists
If you're one of more than 34,000 biomedical scientists employed in the UK, in any specialist area, you may be losing out on tax relief you could be claiming on the expenses of your employment. Here’s where Healthcare Worker Tax Rebate can help, because you may well be able to claim a tax rebate. Staff can claim tax relief on certain necessary expenses of their employment but often these go unclaimed because they don’t have the time or don’t know how to apply.
There is a time limit for claims so it's important to submit as soon as possible or risk losing money.
Here’s what you can claim for:
Registration fees
Many biomedical scientists are registered under the Health Care Professions Council (HCPC) which was formerly the Health Professions Council (HPC) and the cost of this is allowable for tax relief. Usually, anyone registered with the HCPC can claim tax relief at around £30 per year – or £60 per year for higher rate taxpayers.
Insitute of Biomedical Science membership
If you pay subscriptions to the Institute of Biomedical Science (IBMS) you can also claim tax relief on these. This could be worth £30-£60 per year depending on the rate of tax you pay.
Union membership
If you work in healthcare you can claim tax relief on membership fees with Unison. The amount on which you are allowed to claim tax relief is restricted but if you pay the highest subscription rate you could be due around £35-£70 per year in tax.
Upkeep of equipment and uniform
Biomedical scientists receive an allowance to cover the cost of upkeep and laundry of their uniforms under catergory 4 on HMRC's list of health care types, for laboratory staff. This can be worth between £12 and £24 per year, depending on the rate of tax you pay.
These allowances all add up – plus, you can backdate your claim over the previous FOUR tax years, even if you have had several jobs or even left your job. For the current and future tax years you can get tax relief through your tax code so you get less deducted from your pay.
How to claim
Just enter your details to get the forms to claim. It’s really easy to do and you can complete your part of the claim in seconds.