-
Should I check my tax?
I leave my job next week and wondered whether I should check my tax code and whether I am paying the correct rate of tax? Has anyone ever done this?
-
Company Car Tax Question (working out take home pay)
hello, I would like some advice on working out my take home pay Salary £43K = take home £2611 per month How do i work out my new take home pay with a company car, benifit in kind value £4769 @ 21% The 40% rate on that amount is £1908 I do i calculate my new take home pay? Thanks in advance
-
CGT joint owned property query
A man dies in in 1983 and leaves his house to his wife and daughter (a child at the time). However they were not living in this house - it was being lived in by his ex wife. The terms of the will stated that the ex wife should live in it until she died or became incapable of residing there. In 1998 this occurred and the…
-
3 p60s??
Will my OH get 3 p60's? He has worked for 2 companies this tax year and has been on JSA since Feb 08. Just wondering thats all.
-
Claiming past year's tax under Gift Aid
On the HMRC form R40 ('Tax Repayment Form') is has a question [8.4] which askes: Assuming you can contribute to a charity under GiftAid and wish to claim the value of the gift against some taxed income from the year before you make it, what do you tell the charity (if anything) at the time of donation to make this clear?…
-
Advice on Tax & NI Contributions
Hi, Just need to know how the Tax & National Insurance are calculated on pay? Example if someone is getting £140.00 1st week of there job. What will be tax and insurance? Thanks M
-
Various tax questions. Subsistence, fuel
I work as a travelling electrician for a company who have sites all over the U.K. I have a company van but sometimes have to put diesel in it to get myself home and back on a weekend and from my `digs` to the site every day. At the moment I`m based at South Mimms (A1/M25 junction) but live in Middlesbrough and fuel costs…
-
Am I entitled to council tax discount or exemption?
I work as a trainee teacher on the job, so get paid a salery. For my efforts on this one year course I will get a post graduate certificate in education, from Edge Hill University. I have a student card etc, so I am a student! I have heard stories of people in other professions (who are getting paid big wages) who have…
-
Question?
My mum, a pensioner, has just received her tax allowance/code for 08/09 she will not be using around £1300 of her allowance, she has shares, bonds etc. hat can she do to use the rest of her allowance short of getting a job?
-
Irish Pension
HI,My dad is 77yrs lived in this country for 54yrs and relized a few yrs ago he was able to receive an irish pension of around £3,500, in total per year gross he gets 17,000 of pensions, He went to his local tax office to get help with filling his self assement form in and they put his irish pension down as income from…
-
Taxback on equipment WE bought for work?
Hi All, I was wondering if anyone can point me in the right direction. Heard on the grapevine that you can claim tax back when you buy items for use in your job.:confused: My partner is employed as a mechanic and MOT tester. We've had to buy clothes for him to wear under his overalls as well as buy ALL his tools. We've…
-
Tax Experts?
Hi I've heard many times over the last few years that people hide money from the tax man in Premium bonds and N&I accounts. At first I thought this was a joke (- since the govt owned them all )and thinking I knew how inspectors worked I couldn't believe this was true. Does anyone know if this is true or not:confused:
-
Have been billed for Council Tax rebanding on house we sold last year
Hi there, Apologies if this isn't the right board for this....... We sold our house in Scotland last November and have just received a bill from the council due to them doing a rebanding exercise in the area. They have revalued properties as at Nov 2004 and our old house apparently has gone from group C to D. So, as we…
-
Shares - US witholding tax
Just planning ahead here ..... I get shares as part of my bonus at work - free shares, which I have to wait for e.g. I was given 100 shares two years ago, and I get 1/4 of them each year for 4 years. The Americans call this "vesting". I've just sold some and got $2,500 :D When the shares vested, shares equivalent to 41% of…
-
Do I need an accountant? If so - where do I find one and how much does it cost?
A bit of a saga here I'm afraid but any advice would be welcome I have recently been given a K810 code:eek: :eek: :eek: and this month my take home pay has dropped like a stone I am in full time employment and earn £38,939 I have a lease car (Toyota Verso) since Sept 05 - the lease is worked out so that I chose the car,…
-
THIS 10p TAX THING ?
Hi there sorry if i sound a bit dull but does this new tax start from this month if it does a question for you all on monday i get paid and as i work for the nhs a few months ago i was rebanded and my hourly rate went up this was backdated from 2004 now when they pay me this money back will my backpay be on the new or old…
-
Payment on account query
I am full time PAYE and part time Self Employed. Made my first self employed profit in 2006/7. I have started to complete my 2007/8 tax return and on the provisional figures i have entered i owe about £1000.00 tax for 2007/8 (on profit of £4800.00) I can't complete the return as i need my employers P11D and a couple of…
-
The tax rebate system is terrible
Hi there, Ive recieved a letter today saying that i could have payed to much tax last year. So obviously i filled it in and hand delivered it this afternoon, but after thinking about it I wondered why the Inland revenue cant access that information themselves and just issue a refund. Ive lived abroad fro a while and on the…
-
Tax return and fuel allowance
I was wondering if anyone could answer this query... I recently became self-employed as a domestic cleaner hoping to expand into employing others in the future.The problem I am now coming up against is what records I need to keep and also if I'm allowed to claim for fuel used travelling to a job. As I have only just…
-
***Starting an Company Ltd in 1 month!!!!***
I have just excepted a job as a contractor (medical consultant) and have 1 month to sort out a Ltd and everything else that comes with that! I have made a list of what I need to do, but any help would be much appreciated ! * Find an Accountant * Open a Ltd * Get Insurances – Public Liability * Think of a name
