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Association of Tax Agents (ATA)
TaxRefunds.co.uk is bonded by the Association of Tax Agents (ATA).
What does this mean?
It means that we are a legitimate tax refund company and your money is safe with us!
Why was the ATA formed?
Because there are so many people overpaying on PAYE tax and millions of Pounds are lying unclaimed at Inland Revenue, a large number of tax agents have sprung up offering to act on your behalf and claim your tax refund for you. Several of these tax agents have since ceased trading and many people lost their money.
These insolvencies were caused by one of two reasons:
- The business was started with the intention of defrauding clients by withholding their tax refund and closing the business.
- The tax agents charged unusually low commission rates, in a bid to generate business. This causes the company to lose revenue and face closure.
The ATA is an independent governing body formed in 1998 specifically to protect people applying for their tax refunds against financial loss. To become a bonded member of the ATA, each company has to satisfy strict entry criteria as determined by the ATA.
Since the ATA was formed, no bonded member has ceased trading.
For more information about the ATA visit www.associationoftaxagents.co.uk.