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Am I paying the right amount of tax?!
Hi everyone, I was after a bit of advice as I am a bit confused to how income tax, national insurance and that works... I've recently changed jobs but remain on a zero hour contract at my previous employment so basically I can work how many hours I want, when I want. Here is a run down of a payslip I got whilst having the…
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Interested in AQA - Worried about tax!!
Hello All, hope we are okay this drizzly afternoon!! I'm looking for help regarding doing AQA and mystery shopping as a second job. I know you have to do it on a self employed basis, but I haven't a clue how this all works. I need someone to spell it all out if poss!!! I need the extra income, but don't want to get stung…
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Minimising tax on royalties
I have been lucky enough to sign a contract with a commercial publisher which means sooner or later I will be paid royalties. This is a sideline for me, and in my job I am a higher-rate taxpayer. This means that as things stand I will be liable for tax at 40% on my royalties. What are the best (legal) ways of minimising…
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Liable For Capital Gains Tax ??
We have lived in a detached house with a garden of approx. 2/3rds acre which is our primary residence since 1982. We have recently obtained planning permission to part demolish the existing house and replace with 2x detached dwellings. We propose to sell 1x plot and to part re-build our existing house which will then…
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Do i need self assesment?
I have been a field sales rep for the last 6 years. During that time i have had 4 employers, driven a variety of company cars, hire cars (provided by employers) and my own personal cars. I've had fuel cards, company credit cards and no fuel contributions at all. Not at any time have i made a claim for tax relief for fuel.…
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Hi just wanted to check everything is in order so any tax experts out there please?
Hi I am just in the middle of looking at everything financially and checking we are getting best deals insurance wise, shopping wise, health insurance wise etc etc and I would just like to check that my husband is on the correct tax code and everything is in order there too. So if there are any tax experts out who could…
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please do not move i need advice
hi im writing re: council tax, ive posted before about it but i need new advice. my girlf and i are in debt now to council tax, its been passed to council bailffs, we are worried that theyre going 2 knock the door down can they enter the house? it all started with us being told the wrong info, we were told we didnt have to…
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Which Tax form?
I'm trying to find out which tax form we need to fill out for my Son, he worked for about 16 weeks in New Zealand was out the UK for 6 months, do we just fill in the ordinary employment form?
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tax code help?
hi new to this forum i wonder if anyone can help me out,i recently found out that i have had the wrong tax code on my payslip it was 494t so i had it changed to the correct one of 527l that meaning i have payed the wrong tax since april i spoke to the tax office and they say my employer will refund me the difference is…
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Mortgage with parents and Inheritance Tax
We have a mortgage with my parents who haven't written a will and if they die all of a sudden they will be well over the inheritance tax threshold. We own our house as tennants in common with them with everything written up. I presume we will be taxed 40% on their share that we haven't paid off if they die before the…
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CGT on House Sale - help please
Am thinking of buying a house to quickly renovate and then sell on. Potentially making 20k is my sums are good. As I already own a house I am assuming that this would be liable to CGT - is this the case? Another option would be to purchase the house in my partners name (as she still lives with her parents). Would this mean…
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Threatened with court for non-payment of Council Tax when exempt!
Hello all, question from my mother (she isn't close to internet access at the moment and before going down to the library to peruse the law books/free internet link etc I said I would post on here)... Bristol City Coucil have charged her £97 for telling her that she will potentially going to court on September 3rd if swhe…
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Not paying Council Tax
Three years ago, we built our own house. The council inspector came round and said that we would receive a letter detailing what needed to be done to make the fittings etc compliant (eg energy light bulbs and basic stuff). No letter ever appeared and have therefore not paid any council tax on the property. I realise this…
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council tax debt
hello im looking for some advice my girlf and i are in debt now to council tax, its been passed to council bailffs, we are worried that theyre going 2 knock the door down can they enter the house? it all started with us being told the wrong info, we were told we didnt have to pay council tax til end of the year by our…
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Problem reclaiming NI Contributions
I wrote to the Refunds Group at the NI Contributions Office to claim back a refund of NI Contributions. I was claiming for tax years 2002-2003, 2003-2004 and 2004-2005. I was claiming becuase during these years I was a full time student at university and I had only worked about 3 weeks for each of these tax years as a…
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Ctax Banding Question
Hi There, I appealed my Banding( Band C)about 4 months ago, and it got rejected my appeal was based on the fact the I live in a mid terrace, and alot of the other houses in the small terrace(10 houses) are band B. Basically 4 of the houses in the middle ar band C (including mine) and the other 6 are Band B. When my appeal…
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Council Tax question
The good news is I managed to have my band changed from a B to an A.The bad news is for the 4 years we've lived here we've been on and off benefit due to seasonal work.Now my new bill has come through I'm paying pretty much paying what i was before.My local council are saying that because the band has changed,the amount of…
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Import duty - fedex?
Hi all, I recently purchased a solar powered pond pump on ebay USA ($40) The shipping was $19. for standard air mail. (fedex delivery was a little extra if I wanted it which I chose not to) My item was out of stock. So when it came in, they upgraded me for free to fedex delivery so I got it sooner. Total cost so far approx…
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Really worried - bad Inheritance Tax advice?
Hello, I hope someone can help. My father (a widow) was worried about nursing home/Inheritance Tax costs in the future, he's in his sixties, so he saw a solicitor. It was recommended he signed the house over to me which he did, so if he lived for another 7 or so years, he would not have to pay for nursing costs and their…
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Buying second home - C.G.T
Sorry, if this has been discussed b4, but here goes. wife and I are buying a second home for her mother to live in. I am a 20% tax payer, wife is 40%. Are we better doing it in joint names, or in mine as a lower tax payer regarding CGT. In any case we both retire in 2 years time ourselves. Many thanks
