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This is where you'll find tips on discovering what the taxman owes you and how to get it back. Plus, with an average refund of £3,000, we'll even throw in some hints on spending your reclaimed cash as well as how to make the most of your money!
14th November 2024
Do you need to pay tax on your side hustle?
Side hustles are a fantastic way to top up your income, but do you always need to pay tax on that extra cash? The ans...
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23rd October 2024
CIS deductions explained
The Construction Industry Scheme (CIS) is a set of rules put in place by HMRC for those working in the construction i...
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16th October 2024
What is the Construction Industry Scheme (CIS)?
The Construction Industry Scheme (CIS) requires contractors to deduct tax from their subcontractors' payments, with t...
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09th October 2024
The True Cost of Travelling to Work
It's amazing the things you get used to. One thing we've noticed at RIFT is that the more you have to travel, the mor...
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07th October 2024
What does HMRC consider as Cryptocurrency
Cryptocurrency is a type of digital money that uses cryptography to keep it secure and works on decentralised blockch...
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27th September 2024
What is rental income?
Reviewed by RIFT's Quality and Service Manager, Edward Waine ATT Rental income is money you earn from renting out a p...
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24th September 2024
How dividend tax works in the UK
Reviewed by Connor Masters ATT, Senior Tax Specialist at RIFT Tax Refunds Dividend tax is the tax you pay on income r...
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21st September 2024
What is the Home Office Allowance?
Reviewed by RIFT's Quality and Service Manager, Edward Waine ATT The Home Office Allowance is a tax-free sum that you...
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19th September 2024
Not Sure How to Help a Friend Get a Tax Refund?
If there’s one thing that makes the UK really uncomfortable, it’s talking about money. In fact, 1 in 3 of us would fe...
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18th September 2024
The trading allowance in the UK: A comprehensive guide
The trading allowance is a UK tax relief that makes the tax process simpler for small business owners and people with...
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