Who really wants to go on a working holiday to the UK? After all, it has one of the most amazing cultures and is as equally diverse, on top of this, it is a stones throw away from Europe serving as the worlds greatest back garden. One reason to travel the amazing land of Great Britain is for UK PAYE Tax Refunds. This is because once your working holiday is up, you can claim for a tax refund and support your next adventure financially. What better way to save pennies than having no idea you were saving at all.
How it Works?
The way it works is quite simple. Each month tax is taken out of your wage packet and placed in the hand of the government. Tax thresholds change yearly, however, for as long as you have paid tax on anything up to the threshold, you can have it rebated and have it placed safely in your pocket. This is fantastic because we commonly accept that tax shall be taken from us and use what we have left to budget our travels, but with PAYE Tax Refunds, you may very well be saving with out even knowing it.
Here you can grab more information on how to claim UK PAYE Tax Refunds.
The fact that whilst you were working there has been a savings account in the form of tax, this means that once rebated you will be able to fund further travels to the places most high up on your bucket list.
The are companies that offer this service like Taxback.co.uk, who will respond to your claim with the up most efficiency. Nothing beats not having to wait around for the pennies which are rightfully yours, especially when you have places to see and many amazing things to do!