You are here: Home - Saving & Banking - News -

Top five most bizarre tax return expense claims revealed

0
Written by: Paloma Kubiak
25/01/2016
Taxpayers have less than a week to file their online tax returns. Ahead of the 31 January deadline, HMRC has published the most outrageous expense claims from the 2013/14 tax returns.

The top five most bizarre are:

  • The costs for storing Mars bars overnight in a fridge
  • The cost of a pair of flip flops so I don’t have to walk barefoot between my works changing and shower rooms
  • The costs for my intimate waxing
  • I bought a second hand car to get me from home to work so I didn’t have to walk
  • I purchased my own flat, so I need to claim back the money I spent on the furniture.

Ruth Owen, HMRC director general of personal tax, said: “There are a number of items and expenses people can claim against, such as genuine business costs and items needed to do a job. But a painful beauty regime or the furniture for your own home are not items that every taxpayer in the country should be contributing towards. It’s wrong a small minority of people expect the honest majority to subsidise their lifestyle and HMRC will never allow for these to be processed as genuine claims.

Penalties for late tax returns

The penalties for late tax returns are:

  • Initial £100 fixed penalty, which applies even if there is no tax to pay, or if the tax due is paid on time
  • After three months, additional daily penalties of £10 per day, up to a maximum of £900
  • After six months, a further penalty of 5% of the tax due or £300, whichever is greater
  • After 12 months, another 5% or £300 charge, whichever is greater
  • There are also additional penalties for paying late of 5% of the tax unpaid at 30 days, 6 months and 12 months.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

ISAs: your back-to-basics guide for 2018/19

Here’s everything you need to know to make the most of your unused ISA allowance ahead of the 5 April deadli...

A guide to Sharia savings accounts

A number of Sharia savings products have upped their game in recent months, beating more familiar competitors ...

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Why China doesn’t pose a threat to the global economy right now

China's economic growth was the slowest in 25 years in 2015, growing by 6.9% last year in comparison with 7.3%...

Close