-
P87 - confused!!!
I need to fill out a P87 form for the year 2007-2008. However, when I got to the form on the gov website it says its for year ending Apr 2007. Can I use this form? If not, when will the new form be out, (assuming there will be a new form). Can someone answer this conundrum please?
-
Over 65 personal allowance - any tips to increase it?
Having got the money saving bug (thanks to this excellent site) I've sorted out my parents savings and was now wondering if there's any way I can increase my dad's personal allowance? He's a retired 70 y.o and misses out on the married couples allowance by just 2 years. He's been given tax code K40 for 08/09 as his taxable…
-
Paying Council Tax in Twelve Monthly Instalments
I contacted my local council today to see if I could spread my council tax payments over 12 months instead of 10 months to help improve cashflow. They said no as they are 'not legally obliged to'. So in case anyone else comes under Solihull Council and is thinking of asking the same question, I wouldn't bother.:mad:
-
My mother has made a large amount on shares
How much can she 'gift' each of her siblings and does this have to be declared on her tax form? Am i right in thinking it is £3000 per tax year and she doesn't have to mention it??
-
GOVERNMENT KICKING THE MOTORIST - protest demonstration
-
Council tax and moving house
If you move into a house, who is responsible for letting the council know you're there? We rented our house for 3 months and then bought it. We've never heard anything from the council (though we've budgeted for the council tax). I think we assumed that the previous owners would tell the council they had rented it to us,…
-
Excess Mileage Charges
My first lease car, and 3 years later I have been stung by excess mileage charges which I am paying back to my employer. Since the car I had, didn't turn out to be such a 'car benefit' as suggested on P11's does anyone know of any tax I can claim back? My employer has provided the TAX Office with details of payments made,…
-
NI contributions info
hi, I've had the dreaded NI shortfall letter for 05-06. I contacted the nice people at inland rev, who after hearing my circumstances said that i needed to had earned upwards of about £3400 in order to have paid enough NI for that year. I checked my payslips and i'd earned upwards of £8000 so i sent them in with a covering…
-
Self Assessment - Payments on account!
Hi all, Ive been a freelance designer (sole trader) now for over 4 years now and so far all is well on the self employment front. My only one main area of hassle and worry is all this "payment on account" for a year in advance of tax when it comes the time to pay my dues in April and July. I thought working for yourself…
-
Rental Income Tax Minimizing
Hi guys I'm about to let out my house and need a little advice on minimising the amount of extra income tax i pay. House is currently owned by myself and my brother, he now lives in Germany, and i'm moving up north into a rented flat to make sure the move is a good idea, will eventually buy up there all being well. House…
-
Self Assessment - Payments on account!
Hi all, Ive been a freelance designer now for over 4 years now and so far all is well on the self employment front. My only one main area of hassle and worry is all this "payment on account" for a year in advance of tax when it comes the time to pay my dues in April and July.
-
Council Tax Refund - Statutory Interest
Hi, hopefully someone can help me with this one. I have finally won my battle with Leeds city council who charged me full council tax even though my son is based abroad in the forces and has been for three years. After a complicated battle they have agreed that they are wrong and it is entirely their error. I am due a…
-
Transport Allowance - missing a trick?
Hi to all, Long time reader and lurker but never a poster (til now :) )- Have a quick question - At present, I am paid a basic salary and a transport allowance (taken to include costs of however I choose to get myself to the office/business meetings etc.)(I choose to drive/park etc.) At the moment both are obviously taxed…
-
522L Week1/Month1
Hi Can you please confirm what is the difference between the code 522L and 522l W1/M1? Also when an employee leaves why dont figures get printed on part 2 and part 3 of P45 when the tax code is 522L W1/M1? I will appreciate if you can give me some official link from HMRC website for this code and its effects? Thank you
-
How far back can you claim?
My mother lived in a house in N. London from when council tax came in until 2005 and then moved. We always felt she had paid too much council tax especially when a bigger house up the same road was in a smaller tax band ( although the house in question was eventually moved up a band ) Can she still try and claim seeing as…
-
Business Mileage Rates - Have I Got This Right?
OK - Here goes, Have spent so much time running my Ltd company that my personal finaces are shot. Time to sort it all out. I don't run a company car, use my own car for traveling to meetings etc. Now, based on the 40/25ppm rates, how does it actually work? I cover about 18k business miles a year. can I take £6000 tax free…
-
New job - car allowance help
hi, just had a job offer and having been in a job where i've had a company car with fuel included i'm unsure about the car allowance and business miles stuff. Is the car allowance taxed any differently than the normal wages? ie if i get 34k +4k car allowance is it the same as saying i'm on 38k? also whats the deal with…
-
capital gains
For my wife to take advantage of my CGT allowance when does half the asset have to be transfered to me. Basically she has inherited a third of a house which is being sold. Does she have to transfer half of her third to me before the sale?
-
Entrepreneurs’ Relief
As i am just about to sell my shares in two ltd companies can anyone tell me what my tax liabilty would be now as apposed to waiting untill after 5thApril ,total value around £224K
-
tax implications on 50k
can anyone tell me if someone was to give me £50000 am I liable for tax
