A tax refund is a rebate of the excess amount of tax that you have paid to the government or the tax authority during a past tax year
A tax refund is one of the most important reasons for immigrants to send money home. Now is a great time to share Remitly's guidance on how to help people tackle this time of year and encourage them to sign up and send their first transfer with us. You can find Remitly's guidance on how to tackle tax season here.
You may be able to get a tax refund if you have paid too much tax on your income, job expenses, pension contributions, donations or other reasons(gov.uk).
To claim a tax refund, you need to fill an online application form with the required attachments and information, depending on the type of tax and the country you are in(firs.gov.ng)(gov.uk).
You can also check the status of your refund online after you have filed your application(irs.gov). A tax refund can benefit you by increasing your disposable income or savings. You can use your refund to pay off debts, invest, save for emergencies, or spend on something you need or want.
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