Five easy ways you can get cash quickly before Christmas revealed
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CHRISTMAS is one of the costliest times of year, but there are five easy ways you can top up your bank account ahead of the big day. Households are expected to spend an average of £923 on gifts, food, travel and socialising this festive season, according to Finder.
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With millions already struggling with higher mortgage rates and energy bills, it's never been a better time to get money savvy. Luckily, there are some quick and simple ways you can bag yourself some extra cash before Christmas Day. From checking if you're due a tax rebate to selling unwanted items online and exchanging old currency, here are five tricks you can use, according to Sarah Coles, personal finance expert at Hargreaves Lansdown, and Louise Bastock, editor at finance comparison site Finder.
There are a host of reasons you might be due a tax rebate, including if you've been on the wrong tax code. The average rebate for those who have overpaid tax is worth around £3,000, so it's well worth checking. The deadline to submit an online tax return is midnight on January 31, 2025, but you could always get ahead and submit one before then.
The best way to check is via www.gov.uk/claim-tax-refund. Just answer the questions on the online form. Any tax rebate submissions made via the online tool on the government's website are paid within five working days, meaning if you act quickly enough, you could get a decent cash boost ahead of December 25.
