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Deceased Tax owed?
If the deceased owed tax, do they chase up the next of kin for the money owed?
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On-line return. Business Description?
Hello, Just started my return on-line. Cannot get passed the business description question. It will not accept carpentry, sole trader or CIS or any variables of. Can anybody help? Is it a fault on their part or should I be entering something else? Any advice to get me going would be appreciated. Thanks
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Council Tax Arrears
I dont know if this is the correct forum but any help would be appreciated. Basically my mrs owed council tax and an arrangement was in place paying it back at £50 a week for nearly 2 years, which brings the payback to £110 a month & £160 on a 5 week month. Just before christmas the female employees of the council (of…
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Help! council tax band change
Hello, I have just had a letter from the council asking for nearly £300 by the end of January. It appears that they have decided that I am in the wrong tax band and are claiming the extra charge for the year I have been living here. Can they do this ? Also, I asked the landlord initially what the council tax was likely to…
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CGT on rental property
Hi guys Can anyone help me with a CGT calculation as I've been all through the Inland Revenue site and I'm royally confused :rolleyes: I bought in October 1989 for £39,950, had expenses (installation of central heating where there was none so "improvements" I reckon? of £6,000 and about £5,000 of selling fees and other…
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Paye after self employment query
Hi, for the current tax year I was self employed in the building trade under CIS until October this year, afterwhich work dried up so I ceased self employment. Since then I had been claiming jobseeker but have now found fixed term employment on a part time basis with Royal mail so will be earning money under PAYE tax & NI…
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Council tax discount when doing up a new flat
Can anyone help me My friend bought her first flat but hasn't moved in yet as it needs work done to it before she can move in. She's already had 6 months of exemption and has been told she can get 50% reduction whilst she is still doing it up. Is this correct? I know she could get the single perosns (25%) but it's just…
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Close Company - Avoid Tax
Hi all Just wondering what is the process of closing down a company and leaving the country. Im am returning back home to Australia in 3 weeks. I have traded through my Ltd company for 10 months and obviously no longer need it. I have not had anybody administer the accounts for me. I have left 21% of all invoices behind in…
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P87 Question
Hello I have a company car and pay tax on a monthly basis based on my tax code - as would be expected. I also have a fuel card, but have to pay for private mileage. At the end of each month I have to register my total mileage and business mileage with the fuel card supplier. They then calculate my payment for private…
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Company car tax is it worth dropping the car?
My husband has a company car with fully expensed fuel (including when we drive to Spain 2 to 3 times a year). Great your thinking, but we pay a hugh amount in income tax as the benifit value of the car and it's fuel take him into the high tax bracket. Which up until the restriction, still made it worth while for us to have…
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Self Assessment Online & Payments
I've just completed my tax return online, though have not hit the 'Submit' button yet. At the end it says: Payment due by 31 January 2009 £xxxx.xx This amount does not take into account any 2007-08 payments on account you may have already made When I come to hit the 'Submit' button will it tell me what I actually need to…
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How Do I Work Out If I'm Paying The Right Amount Of Tax?
Hi, I know that this might seem like a dumb question... but how do I work out whether I'm paying the right amount of tax? 18 months ago, I retired from work due to ill-health. I receive a small pension and benefits (Incapacity and DLA). I also have modest savings. How do I begin working out whether I'm paying the right…
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Tax Problem
I was just putting away my husbands payslip when I noticed that although his salary,tax code and NI and pension contributions are the same for some reason in Oct.Nov.and Dec. they took exactly £60 more tax for those three months. His tax code has actually been reduced FOR 08/09,(we received a letter yesterday) and he…
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Taxable earnings question
Hi there I think this should be the best place for this....anyway... I was made redundant on the 20th of September and I returned to work on the 5th of January, Basically I got my first pay today and there has been no tax deductions. Obviously before my pay split my 6k approx tax free amount for every week ( I earned…
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VAT on USA $1000 commercial sample
I received an item insured for ~$1000 from USA with a £110 VAT bill. The item was marked `commercial sample`. 1) What is the limit for commercial samples? I know small things are not VAT-able but what is the limit? 2) The item was sent to my name at a business address where I am present sometimes but not employed. Would…
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Car Capital Allowance For Self Employed
Hi, Does anyone know what the rules are for offsetting some of the costs of purchasing a car against tax if you are self employed (sole trader). I've always just claimed my 40p/25p mileage allowance but apparently you're allowed to claim something for the capital cost too. Can anyone shed any light on this? I bought my car…
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council tax banding - hugh
hi after looking at your web site I contacted my assessor office (clydebank), they have said that i had to make a proposal within 6 months nevertheless they will inspect my property and check the banding. Fingers crossed they down band it and i get a refund .
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cheque from the vatman...
My husband is closing his business and we have just got our final accountants bill with the vat on it. Normally we would claim this back when we do our next vat return-however it willbe paid with a cheque in the company name. Problem is i was just about to close the bank account so won't be able to cash it-any way i can…
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New Job & Car Allowance
Hi All Have tried reading through all the treads, but can someone please help. I started a new job in Febuary 2008 and on average using my own car do about 131 miles per week (excluding travel to my first client - last client and home again). Apart from my hourly rate of pay I do receive a payment of 28p per client which I…
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Redundant in October..ESA..is this benefit taxable?
Hi there. I was made redundant from my job of 8 years on 31/10/08 Since then I have been ESA benefit as I am on anti-depressants for anxiety and depression. Is this benefit added to the total amount I earned whilst working when calculating a possible tax refund? Thanks for any help.
