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Tax rebate/ Middlesborough Tax Office
In the process of applying for a rebate for income tax. Was advised to post forms etc to the Middlesborough tax office. Just checked online (sent them recorded) and they have been redirected. Anyone else experienced this? Any idea where they would have ended up, as i will need a contact detail to chase this up.
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Tax Refund email - is it for real?
I have received a 'junk' email today from refundsdept@ir-efile.gov.uk saying I am due a tax refund. It has the Inland Revenue, Business Link and Directgov logos on it... Tax Refund Notification After the last annual calculations of your fiscal activity, we have determined that you are eligible to receive tax refund of…
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Need tax saving ideas
Hi there I am the director of many companies which turn over £100,000+ each. I'm looking for someone who can offer tax advice since I want to minimise what I give to taxman and give more to charity and church Who can help me regards scarlets79
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Overdue tax and amount dispute
Hi, I am overdue on my tax and despite not being self employed since March 2007 they are continuing to charge me as if I am self employed so from the original amount I owed (around £1000) it is now over £3000! I have tried to settle this by calling them and explaining my situation, they told me to call another office so I…
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Freelance Work: Tax Help Please
Hi All, I am contemplating taking up freelance work and was wondering if anyone could help me with the tax situation. I am currently in employment now with a salary of £25,000 PA, but if I take up this freelance role, I will be getting £2500 per month (@ £30,000 PA). Just wondering how much taxes & NI I have to pay per…
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should i go self employed ?
Hi - been luking for years and finally decided to join:j hopefully someone can help. I work, my wife does not. We complete self assessments each year as we rent out 2 houses, they just cover costs. we have decided to launch a small business from home, childrens party related. I have looked into registering as a business…
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do i have to pay tax on this
I know there is a capital gains tax and you can earn up to 10k(ish) free. But my rather dumb question is, is that seperate from your regular paid income. IE - I own company shares, i already pay my tax like everyone else each fortnight etc, i earn 30k. If I sell my shares (the company will take care of this for me) can i…
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Tax on beneficial loans
My wife works for a bank and we took out a staff mortgage last year at bank base rate. She seems to be being taxed quite heavily on the benefits of this loan although rates are very low. I understand that the amount of benefit is calculated by using a rate decided by the Inland Revenue. It seems that this rate is currently…
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Tax-free savings allowance
Can anyone tell me if it's still the case that the government allow investments up to £25 a month tax-free with a friendly society (as well as having an ISA)? If so which one is best please?
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Letter from H.m.r.c
I bought a flat when i was in the army in Dec 1990...and apart from a couple of months when i came home on leave i never lived in it......i rented it out untill i sold it in march 2005, i made aprox £30k on it.....last week out of the blue i recived a letter out of the blue saying it has come to our attention that i had…
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Notice of Determination help
Hi all, another poster recommended this forum for some advice. Basically an inland revenue guy turned up at my house last week. Long story short I was self-employed for a while but earning nothing due to being a full-time student or working under PAYE. Anyway my bill went from around £300 to £8500ish in two months due to…
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Paye Tax Calculator
hi, im sorry if this has already been posted, but i cant seem to find it anywhere. i have been looking for a tax calculator that can give me the total i will get paid including commission. all of the calculators i have found wont let me add just one months commision. Does anyone know a free calculator? or can anyone…
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2 Jobs - Help!
Hi i am currently self employed but have just been taken on with an employer for 20 hours per week, could you please advise on the tax/ni position due to the two different employment types.
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Income Tax
Hi all, Question about income tax. For example 50k per year with a tax code of 204L and 6% pension. On MSE income tax calculated I get a different figure to that on listentotaxman.com Trouble i have is my salary matches listentotaxman, but the other halfs does not, and it matches MSE. How much tax should be paid in the…
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Need help on shares, tax and I
Hi there I am an employee of Santander and a couple of years ago we were given 100 free shares. It has come to the point where I need to sell them to get at the cash. Apparently I will be subject to tax and NI on the sale??? Does anyone know how this all works and how I can work out what I'll get? Thanks ever so!
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NI deducted from salary? can we reclaim?
Hi I am from India, came to UK to work for 2 to 3 Yrs. Asusual, after one Year NI started deducting from salary and as all you know it is a huge money. Honestly i have no plans to settle here and enjoy retirement benifits and etc. I am just wondering, what is the fact and moto behind deducting NI from WP holders. Make…
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help needed
What is the right form for income tax refund? Many thanks
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Inheritance tax and cash gifts
I am helping my dad to investigate ways that we can reduce the inheritance tax that would be due in case of his death. One suggestion would be to make a large gift (not property) to me, and as long as he survives for more than 7 years, the gift would no longer be part of his estate. However, if my parents were to live for…
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Income Tax on Co-Owned BTL?
My wife and co-own 2 residential propertie we rent out to (fairly) long-term tennants. In the past we have declared the full income for tax liability and split it 50/50, despite it being her who does all of the work associated with the property in terms of rent, repairs, admin etc. I am paying tax as I am in full time…
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capital gains tax
advice please I am a 61 year old housewife a none tax payer living in private rented accomodation for the past 15yrs In february 2009 i inherited my late Uncle's house,who died in 2004 and it took the solicitor until 2008 to discover that i existed . Valuation at the time of his death was put at £55k now the value is…
