riftuk.com. Anyone used them for mileage allowance refund?

drjunk

Hi there. One of the guys I work with phoned up riftuk. They specialise in claiming back money for work fuel allounce that you maybe entitled to from the tax man. I had a look at there web site and it looks legit. Only thing is though, they take 28% of whatever they manage to claim, which I thought was a fairly high fee.
Is they any other company's out there that do the same thing but charge less?

cheers

nomunnofun

drjunk wrote: »

Hi there. One of the guys I work with phoned up riftuk. They specialise in claiming back money for work fuel allounce that you maybe entitled to from the tax man. I had a look at there web site and it looks legit. Only thing is though, they take 28% of whatever they manage to claim, which I thought was a fairly high fee.
Is they any other company's out there that do the same thing but charge less?

cheers

I think the general reaction on her will be to avoid all of these organisations. They also ask you to authorise that any refund is sent directly to them. The cheapest and best option is to do it yourself. The form is below. It really is not difficult.

http://www.hmrc.gov.uk/forms/p87.pdf

Dazed_and_confused

Rift do not keep 28%, they keep 33.6% (28% fee and 5.6% they give back to the tax man in value added tax (20% of their 28%).

I have nothing for or against companies like this but I do know someone who could claim whatever you might be entitled to for 0% (well maybe 50p for a stamp). YOU.

drjunk

What i don't understand is, if you make a claim with riftuk, they send you a cheque for what ever you are entitled to, minus there fees. If you do it yourself through filling in a p87, you get the money back over time due to a higher tax code.

Steve_Goral

Hi there, sorry to bring an old thread back to life but I've just been trying to research the same thing as yourself.

Has anyone actually gone through this? I'm in the military and I travel 68 miles a day to work and back. And I've been doing it for nearly 3 years, so my claim could be quite big and I'm not a big fan of giving any of it to Rift UK if it's just as easy as filling that form in.

Is it the same form for military personnel? I'm sure it is, but it's worth checking.

Thanks in advance,

Gas_Powered_Toothbrush

Steve_Goral wrote: »

Hi there, sorry to bring an old thread back to life but I've just been trying to research the same thing as yourself.

Has anyone actually gone through this? I'm in the military and I travel 68 miles a day to work and back. And I've been doing it for nearly 3 years, so my claim could be quite big and I'm not a big fan of giving any of it to Rift UK if it's just as easy as filling that form in.

Is it the same form for military personnel? I'm sure it is, but it's worth checking.

Thanks in advance,

1. Don't use Rift.
2. It's the same form for everyone, military personnel included.
3. No, really. Don't use Rift.
4. You say you travel to and from work. Your ordinary commute is not allowable business travel and you will get no tax relief for it.
5. If this is business travel, don't use Rift. What they do is take their cut for the year you're claiming for, but HMRC will then put the allowance in your code for future years so you get the tax relief as you go. Rift will phone up HMRC and get that amount reduced so that they can put in another claim at the end of the year and take their cut again.
6. DO. NOT.USE.RIFT.

Steve_Goral

So if I go through the tax people I won't get a pay out then? It's just a change to my tax code?

agrinnall

As GPT said in point 4 I can't see why you would get anything at all - you say that it's "to work and back" which is not an allowable expense under normal circumstances. You'd have to give us more information about your situation in order to reach a conclusion that you can claim.

RobertoMoir

Steve_Goral wrote: »

So if I go through the tax people I won't get a pay out then? It's just a change to my tax code?

That is "a pay out". You will get the money back via the magic of being charged less tax than you would otherwise be charged until the money they owe you has been repaid. There's nothing "just" about it. If you're owed £1000, say, you'll get what they owe you just the same either way.

Assuming you get your wages paid directly into your bank like most of us do these days, think of it as being like "a pay out" without the hassle of having to actually bank the cheque.

As others have said though, unless the rules are different for you folks in the forces, there's no tax relief on travel expenses incurred as part of your normal daily commute to work.

Laurajo_2

You'll get a payout for the previous year, they will then adjust your tax code in future years so you'll pay less tax.

But home to work commuting isn't allowable anyway.