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Baye with work`
I pay £110 every four weeks into BAYE scheme....obviously this is tax and NI exempt and goes directly from my wages...however, when I sell these shares....they are subject to TAX and NI if done within 5 years...is there anyway to avoid this?....I was thinking an ISA or Shares ISA?? They are managed by Equiniti
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BELGIUM Taxes
Hi, I've been asked to consider a job in Belgium, and it nearly doubles my pre-tax salary. If it were in the UK I'd jump at the position. But I've been told that Belgium Tax Law takes 50% of the salary. I've read that it might be 35%, (link below) but I've got no idea what it would be.…
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VAT on expenses
Hi Not sure where to post this, but can a business claim VAT in respect of theri employees expenses, such as food, entertaining, hotels etc?
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How do I get a post deleted
Hi, I posted something on this forum that I would like deleted. How do I do that?
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Reducing CGT on Forex earnings
From what I know, if I live in UK, have a primary job (income £7000/year) that I pay NIC and income tax on, then I can trade Forex and earn a £million if I want and only pay 18% CGT on it. But what if my Forex broker is in Switzerland, and the bank I use to store Forex profits is also in Switzerland. And those…
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Self Employed, Cars and tax
I'm shortly going to be taking the huge leap into self employment and will have to hand back my company car. I'm currently looking into various options for a new car, but I am unsure on the tax implications of having said car. I know that I can deduct a certain amount from the tax that I will pay for the amount my car sets…
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self assessment!!!!!!!
Hi, getting confused with filling in my self assessmnet form online. I have a part time job and also do mystery shopping. when I say yes to the self employed part bit it then asks for my business name. I do mystery shopping, so do I put each of the companys name down? Or do I put my name down, but it is not my own…
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Emergency tax expiry
Hi, Can anyone tell me if overpaid tax from your wages expires after so long without claiming. I worked with a company, then worked abroad, then when rejoining the British company they put me on the emergency tax code. My girlfriend at the time was in the same situ, called the tax office and within 3 weeks had the 1k she…
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CGT and property shares inherited
Hi I was wondering if anyone could help My farther died about 11 years ago and I was left 45% of the shares in the family company and a 50% share in the property the company runs out off. I have not recived any dividends or other moneys from thes assets since I have owned them and have now decided to sell them to a…
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reducing tax bill question
Hi, i put expenses down for the car at 40p a mile, so i know i cant claim for repairs on the car, but i have had to buy a towbar for the car to tow a trailer solely used for the business, can i put this down as expenses, also as i have to go to clients addresses can i put a sat nav through expenses, thanks in advance for…
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When does the reduced rate VAT change?
We have some major domestic items to be replaced and want to do so before the current 15% VAT rate increases. Can somebody please remind us when the deadline is. Thanks.
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mileage allowance
hi,i,am a self employed joiner,if i claim the mileage allowance of 40p and 25p,can i claim for van hire on top of this or is the allowance there to cover all motoring costs,not just fuel.thanks
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Married couples allowance ?
Can you still claim this ? If not, did they replace it with anything else ?
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Don't forget the 31 July tax deadline
This is the discussion thread for the following MSE News Story: Don't forget the 31 July tax deadline
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Dormant Company Tax
Hi, I live in one of 2 flats in a block and a couple of years ago we set up a limited company and purchased the freehold. We sort out the insurance and maintenance ourselves and do not have a Company bank account. I have always filed dormant returns to Companies House and informed the Inland Revenue that this Company would…
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foreign pension
Hi, my girlfriend and I are Italian and work in the UK as researchers in the University. My girlfriend, due to an accident related to her job, receives a pension from Italy. We are wondering: 1) Does she need to fill a Self Assessment? 2) The pension is greater to what she should have got if leaving the job at the moment…
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Mileage allowance Reclaim (MAR?)
I am aware that it is possible to claim back some tax on any business mileage I do in my own vehicle. My company give me 10p per mile so is it right that I can claim back an additional 30p from the taxman? I read somewhere that this doesn't include travel from your home to your place of work, I am a home based employee, so…
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Repay unpaid tax and NI?
Ok I don't know if this is the best place to post this but what can happen if someone gets paid cash straight into their bank account for a job to avoid paying NI and tax. There will have been no pay slip produced. I'm talking roughly £20-25,000 a year for the last 6-8 years, so it fairly adds up. Is there somewhere this…
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council wont take my sare of the payment trouble/
story go's like this. i moved out 4 months ago, today i receive 2 court summons 1 for 67 pounds plus 40 costs 1 for 30 plus 40 costs first one is from october 08 to jan 09 it involves me, 2 working house mates and a french student. councils stance is, they wont take my 25 percent paymnet, 1 of the house mates is now…
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How more can mean less!
I really don't get this so hope some one here can explain the logic of this.... I am due to rent out my flat and have a tenant due to move in on the 1st August. I have so far been receiving a 25% discount for being the sole adult resident. Why it is not a third or half is just the councils way of being greedy but that is…
