As a top claims management firm licensed by the FCA, Fast Track Reclaim has become well-known for its over a decade of experience in financial mis-selling claims and tax preparation services. They are officially registered with HMRC as agents providing tax recovery services. Their services have been highly praised by over 10,000 happy consumers on the independent review website Ekomi. Go over their most recent reviews by going over this link.
Their specialties include “Tax Claims” and “Financial Mis-selling Claims.”
- Claims of PPI Taxes
- Tax Claims for Marriage
- Tax Claims for Mileage
- Consistent Tax Deductions
- Independent Contractor Tax Claims
- Falsely represented investment and pension benefits
- Claims related to missold packaged bank accounts
- Claims Regarding Refused Payday Loans
After years of fruitful collaboration with numerous financial organizations, including banks and lenders, they have refined their methods to pinpoint the most common forms of financial mis-selling.
The claims process is made easier by them. They will swiftly determine your claim eligibility after you give them certain information. Since they accept all of their claims online, there is usually no need for paperwork.
Marriage Allowance Claims
Marriage Allowance claims allows eligible couples to transfer £1,060 of one partner’s personal tax allowance to the other each year and save up to £266 in tax per year. This relief may be claimed by married or civil partners who are standard rate taxpayers and whose total income is less than the amount of the personal allowance. It is possible that there are significant cost savings being left untapped because most couples have no idea that they can qualify. You can backdate your Marriage Allowance claim by up to four tax years, meaning you have a fair opportunity to reduce your tax. Claim the Marriage Allowance right now and have more money to spare for your family’s taxes next year.
Mileage Tax Claim
Employees who use their own vehicles for business purposes can claim a tax benefit for the miles driven while working by submitting a Mileage Tax Claim. When your employer either doesn’t pay you at all or reimburses you at a rate lower than what is authorized by HMRC, you have the option to recover the difference. This does not apply to employees whose daily commutes to and from work involve the use of their own automobiles, vans, motorcycles, or bicycles. You can potentially get a substantial refund by claiming taxes from both the current year and up to four years ago. Get a head start on your mileage tax claim so you don’t miss out on any significant tax breaks.
Car Emission Claims
The goal of filing an automobile emission claim is to get financial recompense from automakers that lied to buyers about their cars’ pollution levels. The pollutant levels were higher than indicated because many diesel automobiles had gadgets that generated misleading results during emissions tests. Anyone who bought or rented a vehicle that was involved in this controversy might have a case for damages. Reimbursement for value loss, increased operating costs, and environmental effect can be achieved through successful claims. Get the ball rolling on your vehicle pollution claim right now and make those sneaky manufacturers pay for their deceit.
Uniform Tax Claim
Tax breaks can be obtained for employees who have to clean, fix, or replace their work uniforms through a Uniform Tax Claim. You have the right to get your money back for the money you spent on work clothes if your company doesn’t pay for them. Professionals in numerous fields, such as healthcare, retail, and manual labor, are eligible to file this claim. You have the opportunity to claim for both the current and up to four prior tax years, which could lead to substantial savings. Begin the process of claiming your qualified costs on your uniform tax return today.
Home Working Allowance
The Home Working Allowance is a tax benefit for people who work mostly or entirely from home and use utilities like heat, electricity, and internet without paying for them. If your employer does not pay for your remote work, whether it’s part-time or full-time, you may be qualified to get this allowance. Since the tax relief is usable for both this year and up to four years prior, this is a fantastic opportunity to reduce your tax liability. To ensure that you receive the funds you are due to cover the expenses of operating a home business, you should apply for your Home Working Allowance without delay.
FAQs
Can I claim if I pay 40% tax?
Usually clients who pay over 40% in tax will submit their own self assessments which need to be sent to HMRC directly through their tax return. If you do not complete a tax return through self-assessment, you would need to discuss with HMRC.
Can you claim back tax paid on a PPI refund?
Yes, you can reclaim the tax you paid on your successful PPI claim. You can claim for this tax year and the 4 previous tax years as set by HMRC.
How much are your fee’s?
We work on a No Win, No Fee basis providing peace of mind that our claims are based on the end result. If your claim is successful we will deduct a total fee comprising of 36% plus VAT of any refund payment from HMRC plus an administration charge of £30 plus VAT. Where the value of the refund received from HMRC falls below our fee, we will limit our fee to the total amount of the rebate received. In instances where the amount we have recovered is less than our Fee, we will never ask you to pay the difference.
