{"id":15516,"date":"2023-05-25T15:24:40","date_gmt":"2023-05-25T14:24:40","guid":{"rendered":"https:\/\/www.langricks.com\/?p=15516"},"modified":"2023-11-07T12:09:38","modified_gmt":"2023-11-07T12:09:38","slug":"rules-have-changed-for-tax-refund-agencies-but-commission-rates-remain-high","status":"publish","type":"post","link":"https:\/\/dev.withcreative.co.uk\/langricks\/rules-have-changed-for-tax-refund-agencies-but-commission-rates-remain-high\/","title":{"rendered":"Rules have changed for tax refund agencies but commission rates remain high"},"content":{"rendered":"<p>HMRC doesn&#8217;t look too kindly on the tax refund agencies, not least because they can charge extortionate amounts of commission and sometimes their clients are not even aware that they have signed up to their services.<\/p>\n<p>In March this year they changed the rules so that assignments of income tax repayments to these agencies were now no longer applicable but this does not stop them from being \u2018nominated\u2019 by their clients, which means they can still receive the repayment but now, unlike before, the taxpayer can stop the process so that the refund goes into their account and not that of the agency.<\/p>\n<p>When Langricks submit a tax return on behalf of their clients we would investigate expense claims and any other potential tax rebate as part of the service, however, although they charge lower rates than accountants, engaging with a tax refund agency could result in a commission payment of up to 50% of the refund going to the agency.<\/p>\n<p><a href=\"https:\/\/www.langricks.com\/contact\/\">Get in touch<\/a> if you would like more information about our Personal Tax service.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HMRC doesn&#8217;t look too kindly on the tax refund agencies, not least because they can charge extortionate amounts of commission and sometimes their clients are not even aware that they have signed up to their services. In March this year they changed the rules so that assignments of income tax repayments to these agencies were [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":15518,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[1,21],"tags":[],"class_list":["post-15516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-articles","category-accountancy-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rules have changed for tax refund agencies but commission rates remain high - Langricks Chartered Accountants and Business Advisers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.withcreative.co.uk\/langricks\/rules-have-changed-for-tax-refund-agencies-but-commission-rates-remain-high\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rules have changed for tax refund agencies but commission rates remain high - Langricks Chartered Accountants and Business Advisers\" \/>\n<meta property=\"og:description\" content=\"HMRC doesn&#8217;t look too kindly on the tax refund agencies, not least because they can charge extortionate amounts of commission and sometimes their clients are not even aware that they have signed up to their services. In March this year they changed the rules so that assignments of income tax repayments to these agencies were [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.withcreative.co.uk\/langricks\/rules-have-changed-for-tax-refund-agencies-but-commission-rates-remain-high\/\" \/>\n<meta property=\"og:site_name\" content=\"Langricks Chartered Accountants and Business Advisers\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Langricks\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-25T14:24:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-07T12:09:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dev.withcreative.co.uk\/langricks\/wp-content\/uploads\/2023\/05\/Helping-you-make-sense-of-your-returns-1030x1030.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1030\" \/>\n\t<meta property=\"og:image:height\" content=\"1030\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Camilla Langricks\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@langricks\" \/>\n<meta name=\"twitter:site\" content=\"@langricks\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Camilla Langricks\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/dev.withcreative.co.uk\/langricks\/rules-have-changed-for-tax-refund-agencies-but-commission-rates-remain-high\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/dev.withcreative.co.uk\/langricks\/rules-have-changed-for-tax-refund-agencies-but-commission-rates-remain-high\/\"},\"author\":{\"name\":\"Camilla Langricks\",\"@id\":\"https:\/\/dev.withcreative.co.uk\/langricks\/#\/schema\/person\/0fe7dc0b8943530a0b1fa9ccc06067ba\"},\"headline\":\"Rules have changed for tax refund agencies but commission rates remain high\",\"datePublished\":\"2023-05-25T14:24:40+00:00\",\"dateModified\":\"2023-11-07T12:09:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/dev.withcreative.co.uk\/langricks\/rules-have-changed-for-tax-refund-agencies-but-commission-rates-remain-high\/\"},\"wordCount\":187,\"publisher\":{\"@id\":\"https:\/\/dev.withcreative.co.uk\/langricks\/#organization\"},\"image\":{\"@id\":\"https:\/\/dev.withcreative.co.uk\/langricks\/rules-have-changed-for-tax-refund-agencies-but-commission-rates-remain-high\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/dev.withcreative.co.uk\/langricks\/wp-content\/uploads\/2023\/05\/Helping-you-make-sense-of-your-returns-scaled.jpg\",\"articleSection\":[\"Blog articles\",\"Accountancy news\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dev.withcreative.co.uk\/langricks\/rules-have-changed-for-tax-refund-agencies-but-commission-rates-remain-high\/\",\"url\":\"https:\/\/dev.withcreative.co.uk\/langricks\/rules-have-changed-for-tax-refund-agencies-but-commission-rates-remain-high\/\",\"name\":\"Rules have changed for tax refund agencies but commission rates remain high - 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