Often it feels like money only flows one way with HMRC, but if you spend money for work expenses then you could be due a hefty refund
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Thousands of Brits could be entitled to a massive tax refund from HMRC, experts have said.
On average, claimants could be owed £2,500 for an initial four-year claim and around £929 a year after that.
The data has been collected from RIFT Tax Refunds and appears to highlight a problem whereby people working in particular industries are unaware of their entitlement.
The stacks of cash have piled up through people either not claiming or forgetting to claim their expenses for things like fuel, GlasgowLive reports.
The money has been built up due to unclaimed tax relief available for people who spend money on work expenses.
Who is likely to get the tax refund?
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Image:
Alamy Stock Photo)
The data collected has found that people working in construction, security, offshore oil and gas or within the armed forces are most likely to be owed the money.
People who are self-employed within the construction industry could be due the biggest payday, with average claimants receiving refunds of £1,698.
On average, those working full time in construction who aren’t self-employed could also be due an average of £1,244.
People in the armed forces could be due a…
