At Lyons & Calzo Accountants, we know that being on PAYE does not mean your tax affairs are always straightforward. Many employees are entitled to credits, reliefs and refunds they simply are not aware of, and some PAYE workers also need to file an annual return because of additional income or benefits.

Understanding these factors is crucial to ensuring you are not paying more tax than you need to, and we're here to help you every step of the way.

• Unclaimed tax credits: Many PAYE employees miss out on credits and reliefs they are entitled to, from medical expenses to remote working relief, simply because they are not aware they exist.
• Rent Tax Credit: If you are renting your home, we make sure you are claiming the Rent Tax Credit correctly and for the right years.
• Flat rate expenses: Certain professions qualify for flat rate expense allowances that reduce taxable income, and we ensure these are applied.

• Second income or benefits: If you have rental income, dividends or benefits in kind alongside your salary, you may need to file a Form 11, and we handle this for you.
• Marriage and civil partner credits: We review your options for joint assessment to ensure you and your spouse or civil partner are as tax efficient as possible.
• Refunds on emergency tax: If you have been placed on emergency tax or have overpaid, we will review your record and claim back what you are owed.

• Missed deadlines: Tax back claims are generally limited to four years, so delaying a claim can mean losing out permanently.

• Complex Revenue systems: MyAccount and ROS can be confusing to navigate, and errors can lead to under claiming or, in some cases, penalties.

• Additional income not declared: PAYE workers with rental income, foreign income or investment income who fail to declare it can face interest and penalties from Revenue.

• Share options and RSUs: Employees who receive share based remuneration often have separate reporting obligations that are easy to overlook.