Andy Egwim walks through tax breaks for working professionals, starting with the working-from-home allowance: employers can pay you £6 a week tax-free with no receipts needed. Higher winter bills for heating and electricity also count toward deductions most people don't claim.
Questions this video answers
£6 per week (tax free, no receipts required).
Chapters
Number seven, working from home allowance. If you work from home, your company can pay you six pounds per week, tax free with no receipts required. Heating, electricity, Internet. And let's be honest, December is when those bills go up. Winter they go up the most. You can claim more if you can evidence it with receipts and all that, but most people forget to claim anything at all. It's small, but it adds up every single year. So there you have it. And there are lots of these as well. These are seven Christmas tax wins. HMRC quietly hopes you forget. It's all legal, it's all practical, it's all missed every year by hard working professionals who simply weren't taught the rules. Now, if this video has helped you save money or reminded you to claim something you missed, hit the subscribe button. And if you're a medic, doctor, healthcare professional, you want to check whether you are tax efficient right now you can use the Tax Efficiency Scorecard. The link is in the description. And remember, look, if you don't plan your tax, HMRC will happily plan it for you and it's not in your favor. Have a merry, very bright and very tax efficient Christmas. All right then, cheers. Bye bye.
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