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Cutting tax
Archives for January 2009
Discussion List
Paying tax - ann summers rep - please help
Hi I used to be an ann summers rep I left officially in oct, however had not been doing parties since may i have been really stupid and not kept any proper records and am now findin it really hard wiv my return, wot i want to know is will the tax people contact ann summers to find out how much i sold through my account?…
Tax relief on pension contributions
Can somebody tell me what (if any) tax relief there is on pension contributions? I am a newly qualified teacher, and I am required to pay 6.4% of my gross salary into the teacher's pension scheme. I am trying to work out my money for the next couple of years (our increases have already been sorted out) and if there is no…
currys not passing on vat cut?
Inlaws bought a matsui 22" lcd tv last week price shown as £199.99 which is the price they were charged. This was not a sale price. Should vat have been taken off the price?
Inheritance Tax Question?
I have a second home which I wish to give joint ownership to my son to avoid inheritance tax in the future. He would therefore have 50% ownership of this property. I understand that this would take a full 7 years to come into effect. I am worried about what would happen in the future if my son were to get married and then…
Tax Free Redundancy Payments
Is there a statutory minimum term that somebody needs to be employed for before they can be paid redundancy? I have an employee who has worked for a year for me whom I wish to make an ex-gratia redundancy payment without incurring any NI or taxes for him or the company. Is this possible or do I have to wait till he's been…
Capital Gains on Share-Save scheme
I am in a Share-Save scheme run by my employer which matures in Jan 2009 and believe I am liable for Capital Gains Tax on any profit I make by exercising my share option. Someone in the company I work for has suggested that if I exercise my option in March 2009 and have the profit payed in two installments (one in March…
Council Tax Reband need help on Apeal
New to this forum, please take easy.I live in lothian scotland.Made proposal on line for rebanding in sep 08.two weeks later recieved letter from assessor valid proposal,then again an other letter in mid Dec08 saying (I hereby inform you that i have referred it as an apeal to local valuation apeal panel,you will recieve…
paying emergency tax
i have just recently returned to work and have received my first payslip i have been put on an emergency tax code, will i have to claim this bak myself when i am put on the right code or will it be automatically given back through my employer can anyone help
Tax advice - Queries on income tax & NI
Hi, im currently on my gap year and working in a local supermarket to earn some money for university/travel. I'd appreciate it if someone could help me out with a few queries i have about the tax that i am paying. First off, i have just received my second paycheck. (Haven't actually got the slip yet as im not working again…
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