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Tax rebates can provide vital lifeline for Brits amidst living squeeze - London TV

Tax rebates can provide vital lifeline for Brits amidst living squeeze

Tax can often be considered a complicated and convoluted process for many people – particularly for those who may not have the means or capital to hire an expert. Staggering figures reveal that over £20 billion of tax benefits remain unclaimed every year, and for the blue-collared and PAYE industries, the reality is that little is known about the annual refunds workers can claim back. Amidst a looming economic recession, alongside an energy crisis so severe it’s set to plunge millions of families into fuel poverty, Brits are looking for any means necessary to assist with soaring costs. With this in mind, Tommy Mcnally, leading tax expert – with over a decade of experience in business – and founder of Tommys Tax, is available to comment on how – in the lead-up to the deadline for online tax returns on January 31 2023 – Brits could claim up to £3000 in tax refunds, due to simple processes that many are unaware of.

With millions of households being forced to tighten their purse strings as average energy prices are projected to reach £5000 a year, Tommy asserts that there is not enough support provided for CIS, PAYE and self-employed workers within the UK. He also explains that so much money goes unclaimed due to the simple fact that tax can appear a complex area. However, Tommys Tax digitalises the entire process with real staff guiding users every step of the way, making it accessible for everyone. With thousands of five-star reviews on Google and Trust Pilot, and a decade-long experience in this industry, the primary motive of the business is to provide education, support and the resource to help every-day Brits claim their tax in the quickest and most efficient way possible.

Tommys Tax is a revolutionary tax refund app founded in 2015 by Tommy Mcnally, after he noticed the lack of tax knowledge and support for CIS workers. This has since grown to cover a wide variety of employment sectors, with the business now focusing primarily on CIS, PAYE and self-employed individuals. The app not only assists people with their tax returns, but also educates them and ultimately ensures they’re claiming what’s rightfully theirs. Tommy’s Tax has grown to support over 150,000 clients across the UK and have filed 200,000+ returns, helping to claim more than £50 million in tax refunds in just under a decade.