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Another second jobber - help with tax advice.
Second income - trial and tribulations? Hi - I was looking for any advice as I am completely clueless as to what to do next. I am currently employed as a full time social worker and wish to undertake independant assessments outside of my working hours. I currently earn 35k basic with 2k retention bonus and 4k with extras…
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Need advice on Tax Rebates
Hi im new to tax money etc i only recently just finished uni and got a full time job on a monthly salary rather than per hour. I was working per hour recently and i seemed to be being taxed quite highly ( i want being taxed before because of my student status). Alot of my friends are bragging about money they have got back…
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Redundant, then further pmt from Coy
Hi Similar to an earlier thread, but another question. I was made redundant 30/9, and a P45 issued at that time. Subsequently, as part of my package, I have been paid a bonus which is tax and NI'able. On £2507.50, I have been taxed at BR 501.40, and NI 189.94. I appreciate there will not be a further P45, but does anyone…
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Tax on 2nd Job: Worth it?
Hi, I know there have been a few posts about this, but i am a bit lost and really don't know much about this so hopefully someone can help me out. I have a job where i work 4 days a week (Monday through Thursday) and earn £1000 a month AFTER tax and national insurance. I would like to work on a Saturday at a different job.…
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Is a CT61 required?
I just want to check that I am required to fill in a CT61. I am the director of my own limited company which has always been in credit and never been overdrawn. The company has never had any loans. Would I be required to fill in a CT61 for the interest earned on the credit balance for the limited company?
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still waiting for tax rebate!!
hi all, i am a long time lurker on this forum but only registered now. my problem is this. i applied for a tax rebate early june this year for tax paid on my two jobs the previous tax year (tax code was BR for both jobs). i applied for this by visiting my local tax office... they told me to write a simple letter there and…
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Probate IHT205 and Joint Accounts
Hi, I'm trying to fill in the Inheritance Tax form IHT205 as part of my Dad's Probate submission and I don't understand how to handle cash in joint accounts. I know that everything will pass to my Mum without any IHT although: This link says that the executor can ignore cash in joint acounts:…
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Are these capital allowances?
Hi i know that things like vans, cars, toolos etc are capital allowances but are these: ( i run a pet sitting business) * baby gate *new phone:p *leads/ harnesses for dogs *waterproof boots, clothing etc or is it just more expensive items?? Also where do i record these in my general records. do i put them in with all the…
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Capital allowances..car depreciation
Hi There, I am a self employed courier. I have been claiming for car depreciation over the past 5 years. (25% of reducing value). I have now changed to a diesel van. My question is, are the rules the same? I was told by the van dealer that the van depreciation would be allowed at 50% for the first year. After the cars…
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Holiday Letting Tax Advice please.
Quite a few years ago I started selling Dvds on Ebay. Although I didn’t make much profit I did end up with a high feedback rating. I stopped this a few years ago because the retailers I was buying from were selling the Dvds themselves on Ebay so I could no longer compete. I only sell on Ebay very occasionally now and not…
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Tax and SA advice
Hello there, need some advice from people in the know. I've had to start doing a SA return since I let out my former home. Now onto the second one (ie for 2008/09) and pretty much done. Friends have advised engaging an accountant to ensure that I'm not making any mistakes and generally to help me be more tax efficient.…
