Taxing Times 5 Discussion Link

Former_MSE_Dan · 16 January 2007 at 8:02PM

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tamertut · 19 January 2007 at 2:10AM

I'm an IT consultant working under 'Managed Service'. I had a bad habit to postpone caliming my expenses via the payroll run by the umbrela company, and I have received no warning from the managed serivce/accounting company.

Now that it is the time or tax return, the managed service company is refusing to open back the closed payroll periods and thus refuses to process my expenses, and said that I can claim them back via my tax return.

When I calculated my tax return I noticed that the maximum I can claim back is the equivalent of my basic salary. For this case; my salary is almost 7,000 GBP while my expenses are about 15,000 GBP.

Is there a way to claim back these expenses via the tax return, or there is no other way to do it except via openning the closed payroll periods?
What can I do if the managed service refuses to re-process these expenses? I'm no more using their services and opened my own limited company.

I do not wish to postpone sending my tax return. Can I send my tax return as is for the time being and then recalculate it later?

ismangil · 19 January 2007 at 7:47PM

I am self-employed with a partner trading under Limited Liability Partnership. Are fees to Companies House such as incorporation fee, filing fee etc allowable expense?

chrissiewants2save · 2 February 2007 at 4:55PM

My husband has queried his tax code on many occassions with his employer and the Inland Revenue. To the point where he has told them everything in his power and IR have said his code is correct and the employer duly notified of the code.
They are now saying it was an incorrect code due to an administrative error when transferring his details from one tax office to another. They have records on file that he rang them. NOW they want back payment (as they do). My husband did everything that he could other than send money to them. After all, we expect them to be right when they say they are right.

Anyway- what complaints procedure can he go down and have you any suggestions how to put forward a reasonable argument that they will not dismiss, they must have certain criteria which may allow him to escape without paying- as they have done with the catastrophe over child benefits (or whatever it is called)

Please help/suggest. Many thanks, we can't afford a back payment of a reduction in his income to claw back the underpayment.

lesnpete · 12 May 2007 at 12:09PM

I am a married pensioner and need to know if i can claim a married couple tax allowance as well as my personal allowance. my age is 68 and my wife is 67 and we were married in 1960. any help would be much appreciated.

Linguistic_Chimp · 13 August 2007 at 1:23PM

Hi all,

I hope someone out there can help me. I have a full-time, normal office job where I pay PAYE tax and NI contributions on a salary of £26,500 .

But in order to earn extra income to pay off my debts (it's the only way it's going to happen) I have recently started freelance translation. So far I have only had one job, but it was worth £280...

I'm hoping to get other similarly valued jobs as the client who I have done this job for is impressed but I don't know where I stand re tax.

Can someone tell me what I should/need to do as regards the IR and how much tax or NI contributions I may be asked to pay?

Thanks!

Linguistic Chimp

catshark88 · 29 August 2007 at 5:50PM

I am working as a self employed photographer. Can I claim the costs of babysitting for my child when I am out working at an event? I could not do my job without someone looking after the baby.

Thanks!

quintetuk · 15 July 2008 at 7:30PM

Dear sir

On a net profit of £25000 how much would be the tax at 40% for payment in January and July next year.(all expenses deducted etc)

Many thanks

Mohan

Kemart · 1 December 2009 at 7:41PM

I have recently recieved an interim payment from a compensation case for my late ex husband who died of asbestosis. This interim payment is for the care he would have given to his father who suffers from alzheimers. I need to know whether this is taxable before I start spending it on care packages.

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