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Cutting tax
Archives for August 2007
Discussion List
Any Indian tax payable on inheritance?
My cousin (in England) wants to leave money in her will to her sister in India. Will her sister have to pay Tax to the Govt. in India? As I am one of the executors, I would like advise her about this to save her sister alot of unneccessary tax/beaurocracy and also to save us alot of trouble when the time comes. I realise…
No Council Tax to pay!!!!
if you've suffered a stroke....even a small one. I didn't know this until recently. It comes under "Severe Mental Impairement" and council will refund up to two years worth of payments. One form to complete and GP obviously will be consulted.
Becoming a limited company to save tax?
I'm thinking about becoming a limited company in order to save tax .. as I understand it, corporation tax is 20% and I am a higher rate tax payer. However, I also understand that the only way to get your money out of the company is in the form of salaries or dividends .. which I will then be taxed on in the normal way. So,…
Is this right? Anything we can do?
Hi, not sure if anyone can help but I'll ask anyway. Basically my wife has been on maternity leave and her paid leave finished in March this year. Since that date she hasn't earn't a wage but has been employed. Now she's going on a career break as of 13th of August and because of this she is due to be paid her holiday…
Tax free bicycles (about 50% off).
Hi All, I have recently discovered an excellent plan the government have for getting a bike. This is all part of the Government Green Transport Initiative. Simply put, they want to encourage people to bike for their daily commute. The long and short of it is that if your company approves (very straightforward, don't even…
Overtime - TAX is so much its almost not worth doing any
All i am looking for any solution here , i work am on 24/7 call-out and some months i do 30 hours overtime and get £X but sometimes not often i work a bit more like last month i did 60 hours roughly , and due to the total gross salary for the moth pushing me into the higher tax bracket i only received £100 extra'ish for 30…
Cutting Tax (by asking HMRC Family Tax Credits to Operate More Efficient Systems!)
This has probably been covered before but topical as the deadline was yesterday. This is a moan, but maybe as it is Moneysaving I think it relevant to this thread (should be for HMRC and therefore will be for us tax payers - maybe Martin could look into issues like this as well to ultimately save us consumers/tax payers…
2nd job tax
Dollarjon's OH is a teacher, she has started to teach private through the hols, she needs to pay tax but all the forms are bias to a self employed person which she is but is also employed as a full time school teacher. How does it work being self employed and employed? i have already set up a DD so she can pay her stamp.…
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