Let’s look at some very quick examples. These two examples alone will save you £1,084.60 per year.

You travel to work every day by car, bus or train. Let’s say it costs you £7 a day and you work 220 days a year (this is the average number of days people work a year). After working for a full year, you would have spent £1,540 just getting to work, if you are standard rate tax payer you’ll pay 20% income back and 9% NI. By keeping all your work travel receipts you will save £446.60 in tax.

You buy lunch and coffee during the day and spend £10 a day, you keep your receipts and you work 220. You will be able to offset £2,200 against your income and save £638 in tax.

These two items along will save you £1,084.60.