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cash or car
My husband is a higher rate tax payer and currently receives £780 per month car allowance which we normally use as extra salary.Our car has now died and we don't know wether it is more benifical to buy a car ourselves or buy or lease through the car scheme.My husband is a homeworker so our car is generally used for…
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Help with Second Income Should it be Self employed? LTD comp or existing tax return
Hiya I would like some advice please I currently work as a junior hospital doctor. On standard PAYE. I am not a GP or Consultant. However despite lots of years of experince i Can do medico legal work for Solicitors. Basically doing a medical examination and documenting the findings. This would be done in my spare time and…
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income tax question ?
hi my bf was made redundent just over 18 mths ago, he did not sign on as he had a few savings 2 live off , can any one please tell me what happens when he starts his new job soon wheather it wll make any difference 2 his tax code ? thanks
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Tax Relief
My mother-in-law has asked me to fill out a P87 Form for mileage. The problem is that she hasn't claimed Tax Relief since 2002/2003. Can she still claim previous years (2003/2004, 2004/2005, 2005/2006 as well as 2006/2007) tax relief for mileage or is it now cigar money for Gordon Brown!!
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Help-Council Tax on Composite Property
Hi, I came across this site recently and hopefully someone can help. My parents are self employed and have owned a small business property for over 20 yrs now. Having felt they've been paying too much council tax for a while now, I contacted the council and it turns out the property was listed as a composite property (both…
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Housing & Council Tax Benefit
Hi, Hope you can help - I need to know what are eligobility criteria for Housing and Council Tax Benefit. I am currently living in an rented property. The owner of the property is related to me and I'm not sure if I would be entitled to claim housing benefit. I am also on low income and also get working tax credit. Thanks…
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Importing from America
Hey, hope this is the right place to post this. Anyway, an American student friend of mine has recently ordered $1400 (£700 aprox) of sports gear from an American website, using all his american details but shipping to his current UK residence at uni halls. Will he have to pay import tax (vat?) when the parcels come to the…
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Self employed work
Morning All, I have got my first 2 mystery shopper jobs today and have been advised to keep a ''cash'' book to document what I have earnt for tax purposes. Only thing is I'm not sure what I should put so far I have 1 line down the left hand side of the book. Please help.:confused:
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Stump Duty
My son want to gift me and my wife his hosue worth 250k.outstanding mortgage 50k which we will take responsibility.Do we have to pay stump duty on tranfer of this house.he bought this hosue in 2005 &paid stump duty that time.there is no money involve this time apart from we will take mortagge responssibilty.any help or…
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Unpaid Tax - Which exchange rates would they use?
If someone had unpaid tax from say 1999-2000 and the money was held in dollars - would the tax people use today's exchange rate or some average from that period? Thanks for any thoughts, J.
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Cannot claim daily allowance
Hi I wonder if one of you clever people can tell me if some Inland Revenue legislation exists or not please? Basically, I am going to be working in Sweden for my company for 6 months on a short term assignment. The department in Stockholm that are paying my current uk department for my services, have agreed to pay certain…
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council tax arrears help
i know this may be a long shot but i a while ago i read on these forums about someone had written to their council re unpaid council tax with an offer to repay their arrears stating that they were not refusing to pay as such....etc and i could really do with a copy of it as my council want me to pay £180 a month to pay…
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Tax help please
Having not done any paid work for several years but lots of voluntary work I find I now have a problem to sort out. Turned 60 and got my state pension this month and was also elected as a District Councillor at the beginning of the month, so suddenly an income. Total income per year around £10,000 The Council are paying me…
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salary v dividend
OK guys, another question. I am looking to start limited company to work part time in my early retirement. Looking at many articles on the web they talk about the optimum split of salary v dividend. My question is can you really decide what split you will have to reduce tax? Will the taxman not say it is loaded…
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Tax refund........have they got it right?
Hi, I asked my tax office if i was due a refund as i was med ret. Sent off a p45 copy. I am now on IB, which hasnt been taxed. I rang the office after 7 wks & they said they would do a calculation. I recieved a cheque for £28. I being a complete tax divvy, am not sure if they are correct. my mate who told me to ask ( cos i…
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Council Tax Rebanding
My house and those of my neighbours are all band D. Checked the Nationwide calculator which valued my house (in 1991) at 65k which should have put me in band C. Contacted VOA who said claim isn't valid as I've taken longer than 6 months to appeal against the banding. My question is: How do I take this further. My concern…
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Lump Sum arrangements
I have joined a small "family run" business with a contract to get it ready for sale in 2 years,deal is 14% of sale price.How can i minimise my tax on the proceeds of the sale? Should i set up another company to pay the sale funds into or what? thanks for taking the time to read the post,its my 1st one,but i have been a…
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New waste tax
We now know that the cost of recycling is filtering down from the EU, through the Government, through Local councils to the Council Tax Payer. The council tax payer will pick up the bill and the local councils will be the losers in the blame game. If the Government installs this recycling tax, it is a tax that everyone…
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avoiding c g t
i am trying to get definitive advice re avoiding paying too much capital gains tax on a property i purchased almost 9 years ago, and which i have let ever since. the property was purchased for approx £86000 and if sold now would perhaps go for approx £230000. i currently reside in another property which i also own…
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tax rebate
Hi i have been hearing stories about claiming tax back for things like washing your clothes and keeping clean. sounds silly to me. is it true or a load of rubbish?