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Where Taxpayers and Advisers Meet

FSAVC higher rate tax rebate?

Fodder
Posts:1
Joined:Wed Aug 06, 2008 3:02 pm

Postby Fodder » Thu Sep 18, 2003 6:36 am

I believe that as a higher rate tax payer I can claim back the difference between base and higher rate of tax on my FSAVC contributions. Is this true , is there a time limit, and how do I go about it?

Nigel Lord
Posts:518
Joined:Wed Aug 06, 2008 2:18 pm

Postby Nigel Lord » Fri Sep 19, 2003 12:58 am

You are correct. You should make a claim on your Self Assessment Tax Return. You have 5 years following 31 January after the tax year in which the contributions were made to make the claim.

Nigel Lord
Lord Associates
Taxation & Business Consultants
Caxton House
Old Station Road
Loughton
Essex, IG10 4PE
020 8418 9101 & 07769 931852
mail@lordassociates.co.uk


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