Thursday, October 25, 2007

Tax Refunds - UK

If in past six years you worked in UK and paid income tax there, you can apply for the refund!

Required Documents
In order to apply for the UK income tax refund you will need the following documents:
- P-45/P-60 forms OR last pay slips from each employer;
- Passport copy
If you are missing any of the documents you can still apply for the income tax refund. RT Tax will retrieve the missing documents for you.
Note: If you do not hold P-45/P-60 form, in some cases RT Tax can use last employer’s pay slip, but if the pay slip is rejected by the tax authorities, RT Tax will have to contact your employer and request a copy of P-45 or P-60.

What is P-45 and P-60 Form?
P-45 and P-60 are the statements from your employer about your income and taxes withheld. P-60 should be provided to you at the end of the fiscal year, which is 5th of April. P-45 form you should get from your each employer at the time of leaving the employment.

What is Last Pay Slip?
This is the income and tax statement, which you receive form your employer with the salary check. Your Last Pay Slip contains your total income and withheld tax amounts.

Refund period
Your income taxes are refunded in 90-120 days. The refund may take longer if forms P-45/P-60 have not been provided.

How money is refunded?
There are two ways to get the refund:
- By the bank transfer to the personal bank account;
- By the personal check.

Service fee
Our service fee is 11 % from the refundable amount or minimum charge - 35 GBP.

Wednesday, October 24, 2007

Tax Refunds - USA

If in past three years you worked in USA and paid income tax there, you can apply for the refund!

Required Documents
In order to apply for the USA income tax refund you will need the following documents:
- W-2 forms OR last pay slips from each employer
- Copy of visa
- Copy of Social Security card
If you are missing any of the documents you can still apply for the income tax refund. RT Tax will retrieve the missing documents for you.
If you do not provide W2 form OR last pay-slip RT Tax will contact your employer to get a copy of W2 form. The fee for this service is 15USD.

What is W2 Form?
This is the statement from your employer about your income and taxes withheld. You supposed to receive it from your employer before February 15th. If you do not have W-2 form final pay slip can be used instead.

What is Last Pay Slip?
If you don’t have W2 form the Last Pay Slip will be used to refund your taxes. This is the income and tax statement, which you receive form your employer with the salary check. Your Last Pay Slip contains your total income and withheld tax amounts.

Refund Methods
RT Tax offers two refund methods:
- Traditional refund;
- Fast refund.

Traditional refund
Refund period: 90-120 days.

Fast refund
To use this service you need W-2 forms from each employer is necessary. Last pay slips are not accepted. Refund period: 30-45 days.

How money is refunded?
There are two ways to get the refund:
- By the bank transfer to the personal bank account;
- By the personal check

Service fee
Our service fee is 9 % from the refundable amount or minimum charge - 50 USD. There is additional 33USD charge if you use Fast Refund service.

Social Security Tax and Medicare Tax refund
Only Work & Travel (J-1 visa) participants may apply for Social Security and Medicare Tax refund.
Refund period: 6-8 month
Required documents for SSMT to be refunded:
- W-2 forms from each employer;
- Copy of visa;
- Copy of Social Security card;
- Copy of DS-2019 form.
Note: Last pay slips are not accepted. W-2 forms must be provided.

Service fee: Social Security and Medicare (SSMT) tax refund fee is 10 % from the refundable amount or minimum charge - 50 USD.

Tuesday, October 23, 2007

Tax Refunds - Ireland

If in past six years you worked in Ireland and paid income tax there, you can apply for the refund!

Required Documents
In order to apply for the Ireland income tax refund you will need the following documents:
- P-45 or P-60 forms;
- Passport copy.
Note: If you do not hold P-45 or P-60 form RT Tax will have to contact your employer and request a copy of P-45 or P-60.

What is P-45 and P-60 Form?
P-45 and P-60 are the statements from your employer about your income and taxes withheld. P-60 should be provided to you at the end of the fiscal year, which is 31st of December. P-45 form you should get from your each employer at the time of leaving the employment.

Refund period
Your income taxes are refunded in 90-120 days. The refund may take longer if forms P-45/P-60 have not been provided.

How money is refunded?
There are two ways to get the refund:
- By the bank transfer to the personal bank account;
- By the personal check

Service fee
Our service fee is 11 % from the refundable amount or minimum charge - 40 EURO.