“If you are a mechanic, there is a high probability that you buy the tools you need for your work.”
If your employer does not pay backthese costs, then you are entitled to make a mechanics’ tax rebate claim. The amount you can claim back is worth about 18% of the value of your tools. You find out how much you might be owed by using our free
These are the two different types of Mechanics Tax Rebate claims you can make – we can help you decide which one to make, so you get everything back you are owed.
If you have spent more than the tool allowance (£120) during the tax year and have receipts or activity reports to support your claim, then you can submit a capital allowances claim. The amount of tax relief available works out at about 18% of the actual cost of the tools and equipment you purchased. There is no time limit to claim capital allowances as long as the tool is still in use and you can provide proof of purchase.
If you spent up to £120 on tools during a tax year and you haven’t got any receipts, this is the correct claim for you. Otherwise known as a ‘flat rate expense’, HMRC has agreed a figure of £120 per tax year for mechanics. This means you can claim back 20% of thisamount, about £24. We can backdate your claim for 4 years.
Even if your tool allowance is taken into account in your tax code, you can still make a claim for the actual cost as long as you have receipts.