-
Council Tax!
Hi, Just wondering if anyone could help with two problems I'm facing, Firstly - Council Tax rebanding - I have called the VOA re my band currently on Band C, neighbour is on Band B. Our houses are exactly the same. Still awaiting there decision, but I have read about a 6 month time limit? If i'm unsuccessful is there…
-
Company Car Tax - Termination Payments
I am leaving my present employer today, and have been notified of an early termination cost on my leased company car, equivalent to four months' lease costs plus the outstanding value of any accessories. This I'm fine with, but I would appreciate any clarity you may be able to provide on the income tax treatment of this…
-
Company Car Vs Allowance
Fingers crossed I'll have two job offers this coming week. Both companies are in the same markt, same product, job title. Direct competitors really. Trying to compare the car schemes in my decision of where to go if all comes off! 1) Salary £30K plus £5K bonus, car is company car scheme typical sales rep car Audi A3 /…
-
Can employer refuse to take P38?
My student daughter has manged to get a full time job for the summer and submitted a completed P38 so that she wouldn't have to pay income tax. Big national company has told her they don't accept P38s. Has been to see the payroll dept who have told her that they have "opted out" of accepting P38s. Can they do this? Now she…
-
Should I tell the tax man?
I am on PAYE and have never been required to complete a tax return for many years. The thought of having to complete one fills me with dread. Even getting a small additional pension recently they just amended my coding which is used on my main income, and I am now a higher rate tax payer. In the last year or so my savings…
-
PAYE tax rebate
Hi, My OH was working at the start of the 08/09 tax year but gave up work in August 08 to have our first baby. According to her P45 she earnt £6726.92 and paid £892.00 in tax. Her tax code was 543L. She did not work for the rest of the year. She phoned up the tax office and they said she wasn't due a rebate but we figure…
-
Training Courses for Doctors - Any Tax relief?
Because both my wife and I are top rate tax payers but working for big employers every couple of years we get letters from HMRC telling us we do not need to complete a self-assessment because our lot are good at the PAYE. That seems to save a lot of hassle, so I've been glad of it. Recently though I've been wondering if…
-
child savings and tax - confused!!
Having read the advice on MSE, I am confused. I have read that children have the same tax allowance as adults (ie £6,475) so assuming our child does not save over this amount and we have completed the R85 form, she will not pay tax. However, further down the same page it states that they will have to pay tax on any…
-
Tax relief for business mileage
Hi, hope someone can help. I posted a P87 form to the tax office in the middle of June with regards to claiming tax relief for business mileage april 08-april 09. The reason I posted it so late was I didnt even realise I could claim this until a colleague enlightened me. Any way, the reason im posting is to ask if anyone…
-
Tax Refund - HMRC excellent service
I was due a Tax refund of 08/09 - so having finally gathered in all the tax certificates from my "rate tart" savings accounts I finally submitted my tax return online on Sunday. The refund is in my bank account today -that's pretty good service in my book so brownie points to HMRC :D
-
UK CGT - But Now Living Overseas - Help Please !!
Guys, any help with below would be most welcome. Can the Inland Revenue Pursue you Overseas for : 1) Non Disclosure of Sale of Property (3 years ago not disclosed on return in error). Even though you are no longer a UK Resident. (Left 2 years ago) 2) If there is a payment of CGT due, can they pursue the debt overseas, if…
-
Canadian Tax back for Season worker
2007-08 winter season I was working as a ski instructor in Whistler and after getting back home the company sent me a T4. I have been told that you can reclaim your tax for the season but I dont know what forms I need to fill in. There are companies that do it for you but they cost quite a bit of money and all it is will…
-
Bank administrative charge tax deductible?
Hi, I am self employed and inadvertently went overdrawn which resulted in an administrative charge being applied to my account. My question is is this tax deductible? I'm guessing it isn't but I'm not sure. Any advice gratefully received.
-
How much put away for tax - self employed
Hi, Just wondered what self employed people tend to save from their wage, i have been told about a third but some people say that is alot. Cheers Lee
-
Always check your tax code notices!
I can't believe how incompetent the tax people are! They've received my P11D and sent me a new tax code, and guess what? An error of over £600 that shouldn't be there! My employer pays for medical insurance, and what did the tax people do? Add a line with the 08/09 value, but still keep and deduct the 07/08 amount as well:…
-
Registering for Self Assesment
Trying to register for this, but can't find my UTR on any previous P45 / P60 / Tax claim form from when I was a student. Any way I can find this without ringing them up and waiting for it to be posted to me? Thanks
-
Applying for your income Tax back if you go travelling
Hi all, I was wondering if you could give me some advice. IS there a rule whereby you can apply for all the income tax you paid within the present tax year if you are out of the country for a certain time period within that same tax year? Has anyone done this and how do you go about doing it? Many thanks in advance.
-
Claiming for claiming for cleaning of Uniform?
Hi can someone tell me if my husband can claim a tax allowance for the cleaning of his work uniform? He's a delivery driver and whilst out on his round this morning he overheard a binman telling someone else that he claims 400 off his tax for the cleaning of his uniform! I suspect it's a urban myth but if not we'll give it…
-
VAT reclaim - does the amount get taxed ?
I have created a spreadsheet for all my expenses and one thing doesn't make sence. If I pay VAT on goods and then claim it back then my overall profit is higher than if I buy goods without paying VAT on them in the first place. As I understand, this is because I added the reclaimed VAT to the profit but didn't apply income…
-
First time Self Assessor.....
New to this so go easy please... Under the section for : Paying into registered pension schemes Which of the following contributions should I include.... 1/ Contributions to an endowment policy for a mortgage that has long since been paid up. 2/ Contributions to an endowment linked to my existing mortgage. 3/ Contributions…
