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Started a new job - still got a 2nd weekend job - how to handle the tax code issue
Hi all I have started a new job, and they need my tax details. This is be a normal 37hr job weekdays. I still have my weekend job on top of this and wish to continue. I just finished university and so the Tax Code for my weekend supermarket job is "B" on a tax basis of "Normal". Is this a Full Time Student tax code? I need…
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older people tax allowance
I recently did my 78-year-old mums tax for her for the first time. She has got 3 different pensions and some savings. Altogether, her income is just over the limit that stops her getting the higher personal allowance. I was wondering what are her options to bring her income down just below this figure. Would it make sens…
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Shares and CGT - help !
I'm trying and failing to get my head around shares and Capital Gains tax - hope someone can help. My husband has quite a lot of shares through sharesave schemes with his company. As well as his ongoing schemes, he also has 20,000 shares which are now his outright and for which he has a share certificate. He wants to…
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Brief Medical Expenses
On joining a new company last year I was enrolled onto their private medical insurance scheme with BUPA, a few weeks later I got the paperwork saying it was going to cost £400/year, thinking this was how much I would have to pay, I cancelled the membership and as a result I was only in the scheme for a couple of weeks,…
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claiming mileage for 2 different jobs
My employer for my PAYE job allows me to claim 46p per mile for the mileage i do in my car for work. In my self-employed job do i have to claim per mileage for that as well or can i claim for a % of my running costs? I guess it would be less complicated to stick to claiming mileage for both, but im prepared to do the calcs…
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Please help...Council Tax Not Banded
I am going to be moving into a flat soon and the landlord has been pestering the local council to have the property banded for over a year. it has been valued multiple times and has been chased but they still haven't placed a banding on it. We cannot pay any council tax until it has been banded but I am wondering if the…
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Tax return calculation differences..?
Why do they have to make it so damn difficult to fill in.. Id gone through all the paperwork and calculations on their working out sheet and got an answer of them owing me £111 Just go to fill it in online with all the same numbers and they have it as me owing them 58p I have no idea where the difference is or how they…
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Deleted - problem resolved
(deleted post)
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Claiming back council tax
Hi everyone, I am a student, and therefore exempt from paying council tax. My prospective landlord will let me stay, as long as I do pay council tax. Obviously, this is not ideal. I'm wondering whether it is possible pay him, but then claim this money back from the council, seeing as I technically shouldn't be paying it.…
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I have a big TAX problem right now - Advice needed...
My accountant has just emailed me with the tax I owe for 2008/2009 and it's £2468. I'm also expected to pay 50% towards 2009/2010 tax so in total by 31st January 2010 I have to pay £3701. Foolishly, I haven't made any provisions for tax for either 2008/2009 or so far for 2009/2010 so right now I have no idea of how I can…
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self employed or limited company.
Hi, I wonder if anyone can help me. I hope to give up my present job onshore in the next 6 months, and start working offshore. I expect to work mainly for agencies, and was wondering whether to become self employed or to set up a limited company. What are the advantages and drawbacks of both? Are there any guides available…
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Tax rebates
Having retired due to ill health aged 40,can i claim any tax rebates that may be due to me,if so how do i go about this,thanks
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Childcare
I work under 16hrs as a self-employed swimming teacher and am also looking at becoming an instructor for someone else but NOT swimming teaching - more of a fitness instructor for kids....(it is a franchise but i will work for her as self-employed) - still all totals under 15k..... Do i put all my expenses and incomes…
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Using my tax allowance wisely?
I currently have two jobs, one PAYE and one self-employed and im unsure which one is best to claim my tax allowance on. I think im right in saying that HMRC states the tax allowance must be applied to my main income (which is the PAYE £23000), but it is currently being applied to my self-employed income (£12000) as this…
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Filling in the CGT pages online
I'm attacking the CGT pages on my tax return for the first time, recording mainly losses, all from share trading, from three separate tax years. I've used the worksheets provided, and right at the end given the net loss figure I want to carry forward for the future. But I just wanted to check: throughout the process it…
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Salary in Euros via off shore account
Hi All, It was hard to find the best place to post this but any advice would be greatly recieved. I have been offerd a role with a Chinese Manufacturer but they insist the role will be self employed (not a problem) but payment must go into an off shore bank account paid quaterly in advance but will be in EUROS. Is this…
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Can I offset a car purchase against tax as a ST?
As well as my FT job I'm a registered ST and for that I need transport. So, can a new car purchase be offset? Thank you.
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Guernsey/UK new double taxation arrangement
I understand that Guernsey and HMRC have changed the above agreement whereby pensions from Guernsey paid to UK residents will be taxed in the UK (formerly these were taxed in Guernsey and repaid under the double taxation agreement). Is this true and if so, is there a date for commencement? Thanks.
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Empty home Council Tax Exemption
I'll try and keep this short. Please move this to a more relevant board if necessary. I've purchased a house with the intent on doing it up and eventually moving in. Basically because the house had already been empty for nearly 6 months, I only qualified for about 2 weeks council tax exemption. You may or may not know this…
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student tax allowances
I am a postgraduate student receiving a tax-free bursary. I also receive money from savings interest, just below the tax threshold. I think this year I will be very, very close to my £6 475... So, my question is, if I find I am just over, are there any allowances I could claim to bring me back under? (Its not so much…