business tax

5 tax entitlements you could be missing out on

5 tax entitlements you could be missing out on

Whether you’re self-employed or an employee in the plumbing industry, you may be surprised at what expenses you can claim back and the money you can save in your pay packet each month.

Here’s a simple guide to what tax relief you could be missing out on and how to claim:

Professional memberships

Not only can signing up to a professional membership help you move quicker up the career ladder – and get paid more - you may also be due money back on any fees.

If you’re a member of a professional body and pay the subscription fees yourself, you can make a claim…worth 20 percent to a basic rate taxpayer.