TIP OF THE WEEK

Now is the time for PAYE workers and pensioners to gather all those medical bills and claim them back as medical expenses. The saving will help pay your credit card bill for your Christmas splurging early in the New Year! You can get 20% of your tax back for things like prescriptions, doctor’s fees, and specialist dental work such as implants for 2017. You can also go back four years to claim a refund of expenses you had in previous years, according to Taxback.com, which revealed 60% of people miss out on this valuable tax break by not claiming.