We have recently received enquiries from both Primary & Secondary school teachers about their tax deductions through the PAYE system. After reviewing and researching each situation we found a very interesting document (found here http://www.hmrc.gov.uk/list3/index.htm) containing a list of the professional subscriptions that can be offset against income……meaning an adjustment in TAX PAID.
Each of the teachers paid subscriptions to the NUT, NASUWT and GTC – all of these are listed on the Approved Professional Subscription list above.
The good news doesn’t stop there, specialist clothing & equipment, mileage and and any other expense incurred exclusively for employment not reimbursed by your employer is ab allowable deduction too.
Finally, HMRC allow the last THREE years to be reviewed so we can actually adjust your income accordingly.
The tax refunded in the situations above ranged from £260 to £480 so act now!