The Office for National Statistics report ‘Coronavirus and the social impacts on Great Britain: 22 January 2021’ for the period 13th to 17th January 2021, shows the highest levels of home working since June 2020.
“The proportion of working adults that have worked from home was at its highest since June 2020; 45% this week compared with 43% last week”.
Those who are funding themselves working from home are potentially entitled to tax allowances within their tax coding.
Employers may pay an allowance of up to £6 per week or £26 per month tax and National Insurance free.
However, if the tax and NI free allowance is not paid, then the employee can claim an additional allowance amount to be added to their tax code as tax free allowance, and receive a small tax refund for prior periods they have been working from home.
So if you find yourselves working from home and are not in receipt of a working from home allowance from your employer, then claim your added tax allowance. The HM Revenue and Customs have created online facilities for this to be easily applied.
Why not do it now? It’s free.
PAYadvice.UK 24/1/2021
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