Martin Lewis Show: Money saving expert confirms it’s still possible to claim cash for working from home – here’s how
MONEY saving expert Martin Lewis has confirmed it’s still possible to claim back cash for working from home.
On tonight’s episode of The Martin Lewis Money Show on ITV, the finance guru explained that it’s still possible to claim tax relief worth up to £280 if you worked from home in the last two years.
He revealed that home-workers can claim on a rate of £6 a week in tax to help cover extra costs, such as heating and electricity.
Mr Lewis explained that in October 2020, HM Revenue & Customs (HMRC) launched a ‘microservice’.
It means even if you only needed to work from home for a day, it allows you to get a whole year’s tax relief.
The rules only apply to staff whose employers who required them not to come into the office, not those who simply chose to.
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If you didn’t claim the tax relief, but did work from home, you can still do it now.
Under the scheme, your tax code is adjusted so you’re not paying as much tax.
Claims for last year are paid as one lump sum in your salary while ongoing claims for this year will be factored into your monthly wage.
The scheme is designed to help people cover the extra costs of working from home, like energy bills and internet connections.
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The government has created a handy online tool to help you get the working from home tax back.
The online service is easy to use and takes just a few minutes to make a claim.
Once the application has been approved, your tax code for the 2021 to 2022 tax year will be adjusted automatically.
You will then see the tax relief directly through your salary, and will continue to receive the adjustment until April 5, 2022.
You won’t get a one off payment when claiming for this year, instead it will be included as part of your weekly or monthly payments from your employer.
But for claims for last year, you’ll get he money as a lump sum through your salary.
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You’ll need several documents to hand in order to claim tax back.
That includes:
- Something to prove your identity – this could be a passport, driving licence, or you can answer various questions based on your credit file
- A P60 or recent payslip
- National insurance number
- Your Government Gateway user ID and password or you can create a user ID if you do not already have one.