If you are working in a construction industry in UK and paid CIS up front during 2011/12 then submit tax return, claim rebate now.
How CIS works is like that you pay tax in advance if registered with HMRC then 20% otherwise 30% as your income is paid to you net after tax deduction. So, while you are submitting your tax return after tax year end then because of your allowable expenses, this is likely that you have over paid your tax already, hence you receive a rebate.
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