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Cutting tax
Archives for July 2005
Discussion List
Taper Relief on EMI Share Options
Hi, A bit of advice (or rather confirmation of what I already believe). I was granted options under my employers EMI share scheme on 29/6/2004. I am able to exercise these options now. My understanding of the Taper Relief system is that the EMI Options form a Business Asset and are therefore eligible for Taper Relief as…
how can I reduce Capital Gains Tax
This is our position. Myself and husband own our home, no mortgage. Daughter wants to buy a house but cant afford to on her own. We have decided to buy a house jointly, probably her 75% and me and husband 25%. We all work and pay tax at basic rate. Daughter intends to buy us out in about 2-3 yrs. She will be living in the…
Any advantages to a partnership?
Myself and two colleagues provide a service to a local hospital to fee paying patients. The hospital manager would rather we formed a group (a partnership I suppose?) so that all the work we do gets paid to the group rather than individuals. The only reason they are suggesting this approach is reduce their paperwork. We…
Tax Or No Tax
Hi, My mom helped me pay the mortgage on my first house for two years, now i have just remortgaged and have borrowed more money to pay her back all that i owe roughly £8000. She will not gain anything just have all her money back. Will she have to pay tax????????????????????????????????
Tax and Training costs - can they be offset?
My son is planning on going to flying school and this will be about £50,000 in total training fees. I was planning on giving him a bank guarentee for this amount. I'm on PAYE 40% rate. Question - if I set up a company (training type or some other thing) , could I claim any or all of the training costs? There is a 3 year…
Private or PAYE??
Hi I have registered with a few new agencies and they ask if I'm private or PAYE?? What are the differences and what are the benefits of being private or PAYE?? Thanks
Council Tax
How can I work out the council tax I will have to pay on the new build house I am about to buy? I understand it is based upon valuations in 1991 - how could I find this out?
how to pay tax when getting paid cash???
Anyone kow how to do it??? I'd like to be okay in terms of taxes. sraqacz
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