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Lost p45
My son has lost his P45, he needs it for the tax return as for a few months he was running a business as well as working. How can we get a copy ?
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Help! Small CGT issue & car mileage query
Hi all I hope someone can help with my two specific queries. To give a bit of background I work for a bank and my pay falls withing the lower tax band threshold. Therefore although I have savings, dividends etc I have never had to fill in a tax return. Query 1 In Jan this year I cashed in a ten year savings policy that was…
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VAT question
I have a bit of a catch 22 situation with VAT and my small business (service based). I am approaching the VAT threshold and will need to register soon, but if I start charging my clients VAT (all who receive a regular service and monthly bills from the company) I will definitely lose some of them, bringing the threshold…
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is stamp duty payable on inherited shares
Is stamp duty payable on shares inherited?
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Reducing Payment on Account
I am hoping some of you peeps can help. Hubby is self-employed and is planning on reducing his hours from 78 hrs per week to approx 56. I would like to get our payment on account reduced but don't know what form to fill in, or is it a letter that needs sending? His year end is 5 April. Year end 05/04/09 will be submitted…
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Unknown base costs
Hi Does anybody know how I can find out the base costs of various shares that were purchased on various dates between c.1980 and c.1995? The husband purchased the shares in the name of his wife and now the husband has passed away. I am completing the wife's tax return and a couple of disposals were made in 2008/09 but…
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Claiming past years' capital losses
In January 2009 my wife eventually sold a property that she inherited seventeen years ago, thus resulting in a healthy gain in excess of the annual CGT allowance. She sold some shares within the past six years that resulted in losses which have yet to be notified to the IR and I know that these can be used to offset the…
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What happens to Council Tax Exemption when Mum Moves to Care Home?
Unfortunately, my Mum who lives on her own is going to have to move into a care home as she has dementia following a stroke 2 years ago and is no longer able to look after herself. Since she has savings and a home she will be self-funding her care. I am her power of attorney and I am planning on using her savings to pay…
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Inheritance help
Hi, Have been lurking on this forum for a while but only just registered! I am not sure if this is the right place for this post so forgive me if I'm wrong. Hope someone will be able to advise.My father in law died suddenly nearly 2 years ago, having been the main carer for my mum in law who has a degenerative disease. She…
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Terrified
Hello Not sure if I am posting this in the right place at all. Its a bit of a long story but hope youwill read and offer advice. Split up with ex husband 2 yrs ago and in this time he has constantly tried to cause me trouble reporting me for burgling my own house etc. Ran away from all his and our joint bills, resulting in…
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completing sa myself without accountant
Hi, I'm doing this year's SA myself without the aid of an accountant as I need to do it ASAP for tax repayment, and don't have the cash to pay one as usual to help with the figures and filing. My two main areas of concern are that in the accounts previously, the accountant simply asked for figures and made up the accounts…
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Online SA nightmare
Thought I'd spend an empty half hour completing my SA form -and am now struggling to understand !!!!!! it's doing! Got 1 full time job and 2 other part (very part) time jobs delivering education workshops, one for only 5 weeks of the year in Sept/Oct and the other 3 hour workshops throughout the year but not a lot of…
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Value in closing down company, and starting a new one?
Hi, I have a limited company and am a contractor. I am due to finish my current contract this month and am thinking of taking a break. Is it worth continuing paying accountants £115 each month and keeping company running even though I'm not working? Or is there more value in closing down the company and just starting a new…
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Made over £50k last year - what forms to complete for additional earnings (if any)?
Don't know too much about income tax, so any help appreciated - I did telephone my tax office, but they weren't particularly clear. I made over £50k last year, and I'm concerned I need to declare additional earnings which won't have been taxed at 40%. 1) The majority of my savings are in ISAs which are free from tax,…
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UK Tax implications of Inheritence from NZ
I wonder whether anyone can clarify the tax situation. To summarise: My father and his siblings are beneficiaries of their elder brother's estate. The deceased elder brother was New Zealand citizen. Probate is about to be granted and funds released by Public Trust NZ who are administering the estate. As regards Tax…
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Another income tax refund question
I searched the forums and read a few threads about income tax refunds but am still unsure about what to send. My income is basically; 1. Salary (this is where I overpaid) 2. Savings account interest. 3. Dividends. I know I need to send my P60 but do I also need to send bank account tax certificates and share dividend…
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Demand from Taxman - Very worried!
Hi folks, I won't bore you with the full story, so here are the bullet points. I was self employed for 3 years up until Jan '08. I had an accountant who submitted my accounts to the taxman in year 1. Year 2 and 3 I submitted the tax returns (late) and incurred the £100 fines which were paid. For the 07/08 year I have…
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Bit of help on tax.
Hello, I've just started work and im being paid £5.73 per Hour and I work between 28 and 40 hours a week, I have had a job in the past and this is my second official job. I get paid weekly on the Friday and the money goes into my bank account. I am 18 years old and I am starting University in 2 weeks, My tax code is BRW1,…
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Daughter travelling, council refuses council tax reduction
My daughter has just left home to go travelling. She's on holidays now followed by 1 year working in New Zealand followed by another year working in Australia. I have a son at home who is a full time student, so I went to the council to ask for the 25% council tax reduction and they refused as my daughter is 'only'…
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Council Tax Benifit/Court summons help
I really need help, i just moved into my first house ever, and i have gotten into some trouble with council tax bills. On the 6th of August i got my first ever letter from Leeds city council stating that i owed them the overdue amount of £183.86 (which they over estimated by atleast 25% becouse they think two people live…
