Did you know that PAYE construction workers employed on a site for a period of two years or less can claim tax refunds on mileage, transport, sustenance, accommodation and equipment replacement costs? What’s more, if you’ve yet to take advantage of these tax breaks you can backdate your claim as far back as four years, offering the maximum benefit if you decide to make a claim.
What you can claim for as a PAYE construction worker employed on a temporary site:
- Mileage – if you drive to and from work every day you can claim back a percentage of your fuel costs based on the number of miles you travel.
- Transport – using the bus or train to get to work is good for the environment and as you’re able to claim back tax on the cost of public transport, it’s good for your bank balance too.
- Sustenance – believe it or not you can even claim back tax on the price of your daily sandwich and double espresso, which could add up to a sizeable amount if you buy your lunch on a daily basis.
- Accommodation – Living in temporary rented accommodation like bed and breakfast can be expensive but PAYE workers can make a claim on the cost even if they’ve been given cost of living funds by their employer.
- Equipment – if you’re specialist safety equipment such as boots, protective eyewear or hard hat is damaged, stolen or lost you can claim back the cost of buying new gear to replace it.
If you’re a PAYE construction worker then like thousands of others you could be missing out on hard, cold cash by not making a PAYE tax claims for everything that you can. If you work on a temporary site, that is for twenty four months or less, you can claim back tax on a whole host of things you might not have thought of.
You can claim back tax on transport, accommodation, subsistence, even on replacing damaged protective clothing. You can claim back cash dating back over the last four years, but like most people if you didn’t know about the breaks, you won’t have bothered holding onto receipts, records and documentation that you’ll need to make a claim.
All too often ordinary hard working folk miss out on extra money because they don’t know enough about the tax claims they could be making.
There are thousands of people undertaking temporary contracts within the construction industry. This means they are classed as self-employed and must carry out their own tax returns.
But the world of taxation is a complex place and all too often PAYE workers simply don’t have the knowledge or expertise necessary to ensure they’re making all the claims they’re entitled to.
Since the launch of Express Tax Claims’ new marketing campaign, the feedback has been fantastic. With many clients requesting site visits, this week Express Tax Claims decided to hit the road and pay some of these sites a visit.
Two members of the team, Mandy and Lee, loaded up their hard hats and high-vis jackets, and paid a visit to some local sites. First stop, Clarendon Homes in East Malling. Although presented with a rather muddy entrance, once negotiated, a warm welcome was offered inside. With pen and pad at hand, a number of construction workers quickly took the opportunity to give their details to qualify for rebates.