PAYE, or ‘pay as you earn’, refers to the taxing system when your income tax is deducted from your salary before you receive it. Introduced in 1944, this is now the way most employees pay income tax each year.
When using this method, the money is sent directly to HMRC by your employer, ‘at source’ – meaning directly from your pay, before it reaches your account.
The alternative way to pay your income tax is self-assessment, whereby individuals complete a self-assessment tax return file and normally pay their taxes once or twice a year.
On average, one in five people who pay taxes in the UK is entitled to a tax refund. That means, if you are a PAYE employee, you may be entitled to claim a tax rebate. The average UK PAYE Tax Refund is £970, but it differs from industry to industry. Thus, for the construction industry, the Tax Refund has an average of £2500, but we were able to get back even more for our clients.
You may be able to get a tax refund (rebate). Use this service to see how to claim your tax refund if you paid too much as in:
• pay from your current or previous job
• pension payments
• income from a life or pension annuity
• a redundancy payment
• a Self Assessment tax return
• interest from savings or PPI
• foreign income
• UK income if you live abroad
• fuel costs or work clothing for your job.
Time limit for claiming a tax refund
The time limit for claiming a tax refund is four years from the end of the tax year for which you overpaid taxes. Yet, the start for the tax return is the very beginning of the fiscal year, meaning April 6, and it lasts until April 5 the following year and most PAYE employees take advantage of this at the beginning of April.
If you think you might be entitled to a refund, claim now so that you don’t lose the right to claim.
We guarantee to get you the largest amount of Tax Refund we can, in the fastest time possible and, as always, in accordance with HMRC guidelines. Our expert tax agents work with thousands of employees every year, and we are ready to help you too.
For us every client is important, and this is proven by our high rate of customer satisfaction. We guarantee the delivering of high-quality services with the help of our team of dedicated and professional experts.
Our fees are calculated on a fixed fee basis, so you know up front how much you will pay for the services we offer. For each case, we work closely with our clients to ensure they receive expert guidance for the complex field of accounting and immigration.
Why clients trust us
We are qualified accountants and Tax Agents
We Have The Fairest Price Possible
Quick Turn Around
Friendly, Personalized, Expert Advice
Maximum Refund Guaranteed
About EuroWin Solutions
EuroWin Solutions is a well-established and modern organization based in the city of London. We offer Professional Accounting Services, Tax Advice and Expert Immigration Services.
The firm has been established 10 years ago, with a team of qualified accountants, immigration advisers and tax specialists who have various industrial experience. We work with a large number of businesses, sole traders and individuals, helping them achieve their goals based on our pro-active and informative service.
Working with us means you will always be treated with respect and transparency. Our commitment to you is total and we want you to be 100% satisfied by the quality and efficiency of our service.
We build long-term and personal relationships with every client and we are looking forward to do the same with you too!