Home Magazine

Why Should HMRC Simplify Its Tax Relief Claiming Process?

By Lili Gomes @_roselili

Over a month has passed after the deadline for filing self assessment tax return, which was on 31 January. Since then, a few interesting things have taken place in the realm of taxation in UK. Recently, the HMRC (Her Majesty’s Revenue & Customs) was urged for simplifying the procedure for claiming reliefs worth more than a billion pounds every year. This is because more and more individuals are having to seek assistance from refund agents, who charge around 40p for each pound repaid.

The comprehensive taxation structure of UK has triggered greater refund demands, including from the higher earners who have the right to claim relief on Gift Aid donations and pension contributions. Besides that, there are also those with underpaid benefits like tax credits, and members of trade union who are entitled to claim relief on subscriptions.

As per existing rules, anyone wanting to claim refunds for up to four years must directly apply to the HMRC. But professionals have brought to light a serious concern here. According to them, the convoluted procedure is putting off people claiming that which they are themselves owed. Instead, it is gradually pushing them towards the increasing numbers of zero-rebate zero-fee services.

There are some defects in the website of HMRC, pleas to rectify which are being made every now and then by technical officers and directors. For example, the official HMRC website fails in directing claimants properly to the pertinent guidance and forms. Besides that, concerns like lengthy waiting times over calls and phone support must also be addressed. Such things discourage people from claiming their reliefs from the HMRC and in a manner, forces them to seek the services sold by reclaim specialists.

popular online income tax return app UK-itune

Many high capacity claim specialists, who have hiked up their momentum through advertising during the last 3 years, are saying that their services are a price people would pay willingly for avoiding the hassles of dealing with the HMRC. Some of them have such high service rates that speculative claims would easily be dissuaded, leaving only busy higher earning individuals to follow up for small claims.

Like how the process of completing a self assessment has been simplified by introduction of eFiling services and online tax return apps, the procedures involved in claiming reliefs must also be streamlined. People should be provided with easy options for applying right to the HMRC, so that they do not have to pay high fees for accessing the services of specialists.

Why Should HMRC Simplify Its Tax Relief Claiming Process?

You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • Happiness Is... Believing in Yourself

    Happiness Is... Believing Yourself

    In the blink of an eye, we've come to the last quarter of 2018. How amazing does time pass us by, right? The year end is always a very busy time for me and... Read more

    The 14 October 2018 by   A Happy Mum
  • Early Autumn in the Front Garden

    Early Autumn Front Garden

    When I posted at the end of September I included a photo of the front garden, which I rarely post pictures of. One of my readers suggested that I post more ofte... Read more

    The 14 October 2018 by   Patientgardener
  • 6 Tips On How To Pass Post UTME

    Since institutions have been given the autonomy to carry out post UTME examination, to be on a safer side you are advised to start preparing for the exam. Read more

    The 14 October 2018 by   Naijapary
  • After 11years Of Dating, Man Takes His Girlfriend to Santorini to Propose, See...

    After 11years Dating, Takes Girlfriend Santorini Propose, Reply Gave (Photos)

    11Years? I Cannot imagine myself dating a lady for so long, I mean what are we gonna be doing all those years. But well, This man doesn’t seem like its a big... Read more

    The 14 October 2018 by   Naijapary
  • NYT Celebrates Our Kansas City Chiefs Today

    Celebrates Kansas City Chiefs Today

    Yes sir, the one and only New York Times has a very prominent, front sports page article on our own Kansas City Chiefs, our Patrick Mahomes and how we naturally... Read more

    The 14 October 2018 by   Morage
  • SEPECAT Jaguar E

    SEPECAT Jaguar

    @Le Bourget, France December 2016 Among the outdoor exhibits of the Musée de l’air et de l’espace is this Jaguar E.  The E variant was a two-seat training... Read more

    The 14 October 2018 by   Htam
  • Businesses Need Employee Engagement More Than Process

    Businesses Need Employee Engagement More Than Process

    The days of leadership without engagement are gone. With interactive social media and video everywhere, everyone needs to feel they have a relationship with... Read more

    The 14 October 2018 by   Martin Zwilling