Did you know you can claim tax relief from HMRC if you are employed and have had to work from home due to Covid-19?
HMRC have recently launched an online portal to help make your claim easier.
From 6 April 2020, employers have been able to pay employees up to £6 a week tax-free to cover additional costs if they have had to work from home-but many can't afford to do this.
But employees who have not received the working from home expenses payment direct from their employer can now easily apply to receive the tax relief from HMRC.
For example, if an employed worker pays the 20% basic rate of tax and claims tax relief on £6 a week, they would receive £1.20 a week in tax relief (20% of £6 a week) while higher rate taxpayers would receive £2.40 a week (40% of £6 a week).
This is worth nearly £63 a year for 20% tax payers and nearly £125 for 40% tax payers
Once the application has been approved, the online portal will adjust your tax code for the 2020 to 2021 tax year. You will receive the tax relief directly through your salary ( as a reduced PAYE payment) and will continue to receive the adjustment until March 2021.
HMRC have advised that ‘We recognise that the working from home situation is very fluid this year, and so we’re accepting claims for the full year’s expenses, even if people have only worked from home for some of the year. This includes customers claiming through self assessment.’
You can find more details and make your claim here
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