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tax bands
i was just wondering about the tax bands i know the cut offs. it just seems like its not worth taking a pay rise then is it ?? If it puts you into a higher tax band . what im trying to ask ,you could be given a pay rise but then that would leave you with less in some cases right??? if your on the cut off point.
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Tax and supporting a full-time student
Here's the scenario: I work full-time and my girlfriend(25+) is a full-time student, she gets no bursary, so in essence I support her. Can I get tax relief on the support? The bursary is means tested and I earn too much for her to be allowed to have one. We are not married, but live together, it's my house, I pay all…
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DFS VAT invoice
We bought our sofa from DFS in October at 17.5% VAT rate. It was delivered in December and we got the invoice yesterday. They're VAT rate was now 15% now but the total amount was still the same. We were confused and realised they had adjusted the original prices of the sofas on the invoice so the totals would still be the…
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Am I eligable for council tax reduction
We purchased a new build property back in August and are basically living on a building site ! there is no street lighting, pavements and road are in poor condition due to the building work. There is the obvious constant to and frowing of heavy vehicles and noise issues and during the day it is almost impossible to park…
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Self Assessment checklist
Hello very good people of MSE! I would like to ask for some help. I need to file a tax return (predominantly because I've let out my old home). I just never got round to seeing an accountant (procrastination is the thief of time I know) and I'm now jolted into action by the large looming deadline of Jan 31. Please can…
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What tax liabilities are there if my Dad gives me £5k?
Hi My Dad is on permanent sick but only gets £70 a week incapacity benefit and that is all. I have been helping him matched bet, I owed him some money, which is now repayed, he said we could split whatever else was made. If he gave me £5k what is best way for him to give me it? Avoiding suspicion from my bank and also…
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Should we be worried?
Sent off OH's paper tax return about 10 days before the 31st October deadline, but he has heard nothing back. No acknowledgement, no calculation of what he is due to pay, nothing. I have a rough idea of what he owes and have set it aside. It has to be paid by 31st January and in previous years he has always had the bill or…
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Self-employed tax calculation seems high!
Hi there, Can anyone advise on whether my accountants tax calculation is correct as it seems higher then expected; My husband is self-employed and had no tax to pay for his first year 2006/2007 as his expenditure was so high. This year the net profit is £12,951 for 2008 and we have a figure of £4,800 carried over for 2007…
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prison/police/firefighters/nurses etc
If you are in any government position in one of the above jobs and have a uniform you are entitled to a "uniform cleaning allowance". You will however need to ring up your local tax office and inform them as your employer wont do it. I have done my job for 3 years and got £75 back tax. Your tax code will also change to…
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Am I paying too much tax?!
Hi there, I finally recieved my pay cheque from work today for my October hours. I know from signing my timesheets off in the office that my final gross pay for that month would be £950. The cheque I have just recieved is for £666.87! This is FAR less than what I expected!! (£283.13 tax payment) I am earning a lot more…
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Company Car or Car Allowance Connundrum
Hi guys first time poster here, just stubled across your site, looks great. I'm wondering if someone could give me some advice because at the moment my head is spinning with this one. I've just started a new job with my employeer and basically I have to decide on which option to take. I have a fairly generous allowance…
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Tax Rebate
I have never really looked at my tax before, but I received my P4H recently from a past employer and my partner was shocked to see what code I was on, so I was wondering if you could help me? My code is 498L and has been as far as I can remember for a few years now, I've worked in the bar/waiting on service for 3 years or…
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VAT change
Apologies if this has been asked before - couldn't find anything specific in earlier threads. I bought an engagement ring in late November when VAT was 17.5%. My girlfriend is now my fiance :j However we have to go back to the shop to get the size of the ring altered and it struck me over the weekend if I had delayed my…
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do i pay tax on maternity allowance
my partner who is a self employed childminder,is due to start maternity leave,she is going to be getting the maternity allowance of £117.18,will she have to declare any of this as income, on her monthly accounts,as this is the only income she will get,just incase she has to pay tax on any of it. thanks scott
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Register for VAT for big purchase?
Should or Could I register for VAT for a large purchase i am making for my business ? My turnover isnt anywhere near the threshold but I have been awarded a 50% Government grant to buy new equipment for my business. However the grant which goes up to £20,000 only covers 50% with me finding the other 50% PLUS the VAT (as…
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Keeping records?
Do the IR accept that keeping records in electronic form is sufficient - i.e. I have lots of paper documents which I want to scan in to PDF format so I can clear up space.I can't see that there would be any issue, but views appreciated.
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New conservatory - VAT change
Hi, Back in October I had a quote from a local conservatory firm to build a new conservatory which I went with. The quote was £11,654 and on the 15th October I paid a deposit of £1,165 and I set up a Barclays loan through the conservatory firm to pay for the rest over 60 months. Work isn't due to start until January 09 and…
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Council Tax - Parents not living at home due to terminal illness
My father has been diagnosed with cancer and only has a few weeks, perhaps months to live, as a result he and my mother have moved in with my sister from Kent to London. It's a far from ideal situation as my father sometime can't get up the stairs to the bathroom or bed) but at the moment is the only way we can ensure that…
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Council Tax and business rates
Will someone be liable for business rates if ..* They're employed as a home worker * Spend an average of 3½ days a week on the road (in number of hours) * Spend an average of 1½ days doing admin at home (in numbers of hours, not necessarily whole days) * Has his own desk which is used for both work and domestic admin…
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Use of own vehicle
Hi, I have been using my own vehicle as a home delivery courier for DHL. I am registered and self employed, only earning about £80 a week. I also receive a pension, so therefore, these earning are taxable. I was informed that I would be allowed tax relief on 40p of earnings per mile travelled. As yet, I haven't had to do a…
