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Self Assesment tax rebate question?
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bradztheman wrote: »I have kept track, and wrote it out as to how many miles i travelled each day, in my case 96 miles, WHICH WERE ALL BUSINESS MILES. I did this every week for a whole year.
I am self employed, but the company i work for deduct my tax, i get cis remitance slips.
Therefor i CAN claim 20% off the first £10,600 i earnt as i paid tax on ALL of my earnings.
Which is correct (for tax) now that we know your circumstances. If you'd given full details at the start, it would have been easier/quicker for others to help you. But you'll also be liable for NIC which havn't been deducted under CIS, so some of your tax refund will need to be re-allocated for your NIC liability, so no you don't get it "all" back at all.0
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