Leading UK financial services provider offers tax reclaim services to over 100,000 of its customers.

The FTSE 100 financial services group, Friends Provident, has chosen the range of online tax services provided by TaxChecker to supply registered users with the ability to automatically manage their finances and tax reclaims electronically. The deal offers TaxChecker’s TaxReclaim application free of charge to anyone registered with the Friends Provident consumer website (www.friendsprovident.com/consumer), and is designed to help UK consumers recover some of the estimated annual 1 billion* in un-reclaimed tax [*source: Office National Statistics].

TaxReclaim is a service for taxpayers who have overpaid Income Tax through the PAYE system, where tax refund claims can be calculated online immediately. TaxChecker’s Inland Revenue tested software guides users through the complexities of reclaiming tax, and if they have overpaid the service will enable the individual to print a letter that can be sent to the Inland Revenue which includes details of their overpayment and request a refund.

Kate Shaw, Development Manager of the Consumer website at Friends Provident, said, The onus is now on the British public to ascertain whether they are due a tax rebate. Yet, many people are unaware of how to go about reclaiming tax, others would be hesitant of contacting the Inland Revenue directly, and most simply do not have the time to tackle the nuances of the tax reclaim system.

Ms Shaw continued, There are a large amount of people who do not realise that they have overpaid tax and by working with TaxChecker and TaxReclaim we are able to offer our customers a service that will, in effect help them to better manage their finances.


Friends Provident’s and TaxChecker’s online service makes it possible to ascertain whether a tax rebate is due.- without individuals having to employ an expensive accountant. If the refund is greater than 100 - which is estimated to apply to around 25% of Friends Provident’s customers - TaxChecker can carry out a detailed review of the individual’s previous five years entitlement, requesting just 35% commission of the refund payable to cover the cost of operation.

In order to be able to claim their rebate taxpayers require their P45 or P60 provided by their last employer. With this information, the system can automatically calculate how much refund is due. Throughout this process an individual does not have to contact the Revenue once - a key consideration for a tax fearing nation

Kate Shaw concluded, TaxReclaim is an online service at the forefront of the market, it was easy to deploy and allows us to provide a free, easy and useful tool for our customers.