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Cutting tax
Archives for September 2004
Discussion List
P11D question
hi all never had one of these before, and i left the employer it relates to months ago, so i want to complete it correctly. its a plain sheet of white paper (odd?) accompanying a photocopy of the p11d for 2003/04. under section E (mileage allowance and passenger payments) there's a figure of £5,024. on the plaon sheet…
CGT and receiving property as a gift
Hello I am in the process of recieving a property at below market value (the reson for this is genuine but boring so I'll omit it). My question is this. The person selling me is selling at 45K where the market value is more like 80K. I spoke to my solicitor and he said it is fine he can just transfer it and I just transfer…
capital gains on shares
Hi, :)Can you please advise me about capital gains tax as i have no idea how it works.I am going to sell some shares which will amount to 50k or more. they are all in my name,which was probably a mistake.I dont currently work(accident at work) unfortunately, and no wages now.So I will have no earnings this year,my husband…
Do I have to PAYE?
Do all employees have to pay tax through PAYE, or is there a way of 'contracting out' and settling the tax bill at the year end aka self-employed.
Tax relief on student loans
Can anyone confirm or deny a rumour I heard that student loan repayments attract tax relief? I contacted the Student Loans Company, and they said that they were indeed tax free, but my payroll department said not and refused to budge. Any ideas? If it's true, this could save me a fortune in tax!
Teleworking - any tax breaks/claimables?
Hi all, I'm a PAYE employee (a Systems Co-Ordinator) and recently started working remotely from home three days per week on average. Which saves me a whole load of petrol and travelling time, as I live 45 miles from the office! I'm wondering if there's any tax break or anything I can make use of? I'm salaried, earning £28k…
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