What does eligible for UK tax relief mean?

Workers are usually eligible for tax relief if they're under the age of 75 (if they're 75 years or older, they aren't eligible) and fit under one of the following categories: they have UK earnings that are subject to income tax for the tax year . they're resident in the UK at some time during the tax year .

What is the tax helpline number UK?

You can use Relay UK if you cannot hear or speak on the phone, dial 18001 then 0300 200 3300 .

Who is eligible for tax allowance UK?

You'll get a Personal Allowance of tax-free UK income each year if any of the following apply: you're a British citizen . you're a citizen of a European Economic Area ( EEA ) country. you've worked for the UK government at any time during that tax year.

Who is eligible for tax refund in UK?

you have overpaid tax through PAYE on wages or pension . you have overpaid tax under the Construction Industry Scheme. you have overpaid tax on savings income. you can claim a refund because you are eligible for the Marriage Allowance.

How much is UK tax relief?

Your tax-free Personal Allowance The standard Personal Allowance is £12,570 , which is the amount of income you do not have to pay tax on. Your Personal Allowance may be bigger if you claim Marriage Allowance or Blind Person's Allowance.

What happens when you get tax relief?

The main function of tax relief is to reduce or eliminate your tax bill before you file with the IRS or state tax agency . This is accomplished in a number of ways, depending on the type of tax relief option that is used: Tax deductions: These reduce your taxable income, which lowers your final tax bill.

What is tax credit relief UK?

For example, if you live in the UK and make some money from a job abroad, your foreign income can end up being taxed by both the UK and by the country where your income is from . You can usually claim tax relief to get some or all of this tax back.

What is UK tax relief at source?

With relief at source, your contributions receive a boost from the government . You can potentially claim more back through your tax return if you pay tax above the basic rate. Here's how the relief at source method works in more detail: Your employer deducts tax from your taxable UK earnings as normal.

£5.5M Boost for Tax Help by UK Community Groups (2024)

Enhancing Tax Services with UK Community Tax Support Funding.

by Ivan Golden

3 months ago

inMoney and Taxes

Strengthening Tax Services Through Expert Community Organisations

The funding, strategically managed via HMRC’s Voluntary and Community Sector Grant Funding Programme, reflects an important stride towards inclusive financial governance. This programme, operating for over a decade, has been pivotal in enabling expert organisations to deliver customised and free tax and benefits advice. The selection of these organisations is based on their extensive knowledge and expertise in handling various tax-related issues, ensuring that individuals with unique or complex needs receive the most effective guidance and support.

Addressing Diverse Tax Needs Across the Community

The selected organisations, including Advice Direct Scotland, Advice NI, various Citizens Advice Bureaus, and others, are critical in supporting a broad spectrum of individuals. From providing essential tax guidance to assisting those who are not digitally savvy, these groups play a crucial role in ensuring equitable access to tax services. The diversity in the types of organisations chosen reflects HMRC’s understanding of the varied nature of tax-related challenges faced by different segments of the population.

Inclusive Tax Advice for Vulnerable Groups

Prioritising Support for Those in Need

This initiative garners significant support from key government figures. Nigel Huddleston, the Financial Secretary to the Treasury, highlights the importance of this funding in ensuring accessible tax advice for individuals needing additional assistance. Similarly, Angela MacDonald, HMRC’s Deputy Chief Executive and Second Permanent Secretary, reinforces HMRC’s focus on assisting customers to meet their tax obligations and claim their rightful benefits. These statements underline the government’s resolve to provide comprehensive and accessible tax support to all UK residents, especially those in vulnerable circ*mstances.

Beneficiary Organisations Express Gratitude and Commitment

Representatives from the beneficiary organisations, like Ian Thompson of South Tyneside Citizens Advice, express their appreciation for this funding. They acknowledge the significant impact this grant will have in enabling them to continue their essential work. Their collaboration with HMRC is a cornerstone in providing timely and effective tax and benefit assistance, ensuring that customers’ problems and inquiries are addressed in the most efficient and empathetic manner possible.

Rigorous Funding Allocation and Monitoring for Optimal Impact

Strategic Management of the Grant Funding

The grant funding, earmarked to span from April 2024 to March 2027, is a strategic initiative designed to ensure the optimal use of resources in community tax support. HMRC’s meticulous selection and monitoring process underlines its commitment to the responsible and effective allocation of funds. The due diligence process, compliant with Cabinet Office standards, guarantees that only organisations capable of delivering the agreed outcomes receive support. This approach not only ensures accountability but also maximises the impact of the funding on the intended beneficiaries.

Maintaining High Standards and Accountability in Fund Utilisation

The structured payment process, involving stage-wise disbursem*nt of funds, reflects HMRC’s dedication to ensuring that the grant is used as intended. Regular progress reports and the possibility of fund adjustments or withdrawal ensure that the organisations remain aligned with their objectives and continue to provide high-quality tax support services.

Historical Context and Evolution of HMRC’s Funding Initiatives

Building on Past Successes to Enhance Future Tax Support

This year’s programme is an evolution of the previous VCS Grant Funding programme, which ran from 2021 to 2024, with a total allocation of £4.98 million. The increase in funding for the current cycle not only indicates HMRC’s growing emphasis on community-based tax support but also reflects the government’s understanding of the evolving needs of UK taxpayers. The comparison with past funding efforts showcases HMRC’s ongoing commitment to enhancing the scope and quality of tax support services across the UK.

A Comprehensive Approach to Tax Support for the Future

HMRC’s latest funding initiative is a clear indication of its dedication to improving tax support for all UK residents. By partnering with diverse community and voluntary sector organisations, HMRC is reinforcing its commitment to making tax and benefit services more accessible, especially for those in vulnerable circ*mstances. This initiative represents a holistic approach to addressing the various challenges individuals face with their tax affairs, ensuring a more inclusive and supportive financial environment in the UK.

Sources: THX News, HM Revenue and Customs &Nigel Huddleston MP.

Tags: community sector fundingcommunity tax adviceHMRC community fundingHMRC funding allocationHMRC grant programmetax affairs assistancetax support servicestax support UKUK tax benefits advicevoluntary sector tax help