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Capital Gains Entrepreneurs Relief
I’ve just noticed that HMRC’s instructions were added to the CG Manual on 23/9/08. This is a link to the contents page which may be of interest. http://www.hmrc.gov.uk/manuals/cg4manual/CG63950+.htm
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I work for Council Tax
Just thought I'd let you know that I worked for Council Tax for Scotland, and would be happy to help anyone if I can.
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Should I get a refund for council tax if I move out of the area
I've recently moved house out from one council tax area to another. I reported the move to the council where my old house was and they stated I may get a refund as I was moving 5 months in to the full 12 months for that tax year. I then received a letter from the old council stating I owed the remainder of the money for…
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P45 - Starting a new ob without it.
I am starting my new job tomorow and they have all my documentation apart from my p45. I really do not want to go on to the BR tax code for my first pay pack so I am thinking that I should fill a P46. What I am wondering is wheter the p46 will get my tax code sorted in time for correct payment this month as I already have…
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Yet another £60 tax question
Hi..yet another tax refund question. Sorry, but i was wondering if mine is right too...i hope someone can help explain it to me (simply if poss, lol) I've only just had my Sept payslip and although I havnt paid any tax this month I've got a - £39 against the tax so I take it thats the refund part. I reckon I should maybe…
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UK Tax question?
Hi, Hoping someone out there can help.....I inherited a share of my mothers house (£80,000) on her death earlier this year....I'm self employed and only usually need to fill in a 'shorter tax form'....do I need to declare the full inheritance or just any interest accrued? and, is it still possible to use the 'shorter tax…
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Shares and Capital gains tax - please help
I have kindly been pointed to post this in this particular sub forum in the hope that someone can advise. I work for a company that is being bought. Now although this doesn't directly affect me it is worrying a few people that work with me. General gist of what is happening/happened.... A company (A) decided they wanted to…
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Home office
Hi, I work from home in a house i rent. I have room dedicated to my work. Can i claim a percentage of my rent and bills as expenses? thanks. g.
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Car tax
Hi does anyone else have a Toyota Yaris? I was looking at another money advice board the other day, and a forum poster there was saying how she paid £35 road tax for her Yaris. I just retaxed mine last month and it was £120. Mine is a 1 litre petrol engine, 01 plate. I though the £35 band was for itsy bitsy cars that run…
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Reclaim Council Tax for no bin collection
Hi, This is my first post on here and its regarding missed bin collections and getting reimbursed for it. I have been advised that I can claim 47 pence back from Bolton council for each missed bin collection. I know its a small insignificant amount but if everyone claimed it back they may think twice about improving the…
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Claiming back tax
Hey, I've basically got a bit of back tax owed to me. I was working during the summer as a student on PAYE and they basically charged me lots of tax and NI. Also when I was still "technically" a student I took on a months work and was charged tax for that. Then when I started my first full time job I didn't get taxed…
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Slightly complex tax issue
Hello! Been lurking for a while, but finally registered after I found this section. Here's my query: My parents both own 1 house in the UK each, my mother's primary residence is my father's house and it has been that for the past 15 years. Her secondary residence is valued at approx. £450k and she has made a large capital…
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Council Tax Court/Bailiff Charges
Hi, We're hoping to hear this week that our Council Tax band is being changed due to their mistake, but we'd like to know whether we can then claim back any charges which have been added to our bills. We have had court charges and now bailiff charges added on, but we feel that if the banding was done properly in the first…
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£150K from France
Currently learning my way through the Quagmire of inheritance tax, gift tax, UK/France double-taxation laws ... and am confused! Mother wants to give me £150K. Let's assume without strings attached. (Estate worth over French & UK inheritance tax threshold) Mother (not British) & money are resident/domiliced in France.…
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Questions on Tax on Letting Property
I have doing my tax return for the first time and couldn't figure out some points. How do I use the wear and tear allowance. I have a loss this year. Would I still be able to use it next year? And I realized that the home insurance also has family legal protection. Can I claim that as expense? On top of that would any…
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declaring gifted money
Hi everyone bit of a newbie around here so sorry if this is a stupid question, I received £10,000 off my grandmother as a gift earlier this year which I invested in my (self employed) business in the form of buying a camera and vehicle, When I declare my accounts this week do I have to call the money received something…
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£60 rebate a bit confused!
Hello, Sorry its another thread regarding the tax, only just got my payslip and wondered if it is right. My gross pay is £5661.44 My new tax code is 603L I have paid £118.20 tax this year I dont pay alot of tax as you can see, i got a refund but for £7.00 is this right? Surely if my tax allowance has gone up i should be…
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Can my Mum give me £30K without tax issues?
My Mum is worried about losing her money in her bank account and wants to transfer the excess to my account. Her estate will be worth less than £250,000 so I presume the £30k would be exempt from IHT? Any advice gratefully recieved!
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Moving House and CGT
Hi Hope someone can answer my question. Currently i am living with my brother and mother, who both own the house( Mortgage is in their name). What would the tax implication be if 1. My brother moves out 2. Then all 3 of us buy a new house (I would be paying toward the new house and would be on the mortgage), which myself…
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Tax refund query
I might be wrong here, it wouldn't be the first time! The government were going to refund approximately £60 to low earners and pensioners under 65 (that's me) who didn't benefit from a higher personal allowance in the new tax year. My son received the extra £60 in his salary at the end of September but I don't seem to have…
