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help with tax refund
can i ask how long before its too late to apply for a tax refund? i am not sure if i am owed a rebate or not but would like to check as in the year 2003/2004 i only worked till the january then was made redundant. i have not worked since due to being a mum. i also did a few temp jobs within that year after being made…
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Are M&S acting illegally by charging VAT on non-EU orders?
Just popped into my local Marks and Sparks to order some clothes for a colleague in Libya (total value around £200) with delivery direct to Libya from M&S via courier. However they didn't take off VAT, surely that is illegal? My friend in Libya will also have to pay import tax on these items so that would mean we are being…
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R85 Form query
Ok since I started to save in the past couple of years I filled in the R85 form but I want to check that I'm doing it right. When calculating the tax free allowance of £6475 I've included the following: Premium Bonds Saving account total current account total benefits Is that right or do I ignore the Premium bonds and my…
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self employed care worker in need of help with self assessment/tax return
Many thanks in advance to anyone taking the time to read this post. I have been working as a self employed care assistant for the past 19 months. I look after a disabled gentleman in his own home and work on a week on/ week off basis providing 24 hr care and assistance. (my shift lasts for a whole week) Foolishly I have…
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TaxHelp for Older People - do we qualify?
Does my father qualify to use the TaxHelp for Older People service at http://www.taxvol.org.uk/retired.htm ? He gets the state pension and a small private pension (£720 a year) and my mother gets child benefits for 3 children under 18. I think they get some other benefits as well. The website says : If you have a household…
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Total tax, Class 4 NIC and ?STUDENT LOAD? due for 2008-09
Hi all, Was just about to pay submit and pay my 08=09 tax bill and noticed this: Total tax, Class 4 NIC and Student loan due for 2008-09 I'm not a student and have never had any kind of loan, do they put this as standard or have I selected a wrong box somewhere?
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Who needs probate?
Not sure if this is the correct section of the forum... My father has just died. He left a will. I am the sole executor. He did not have a house. (He was in a nursing home and paid them over 70k in two years). Money left in the bank is around 25k. Obviously no Inheritance Tax to pay. Each of the three children invested 30k…
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Self Assessment State Pension + Underpaid tax?
I am trying to do my father's Self Assessment online but it is driving me nuts. It is saying State Pension amount of £12102.00 on the page but the figures he has given me say weekly pension of £244.38 x 52 = £12707.76 - why is it different? Which one is right? It is also saying that he underpaid tax on previous years. It…
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(Another) Inheritance tax and intestacy question
My mother passed away last Thursday night. She is survived my her 89 year old spouse (my father), my sister and I (both adults, all living in England). Neither my sister nor I have any children. I found out to my horror that mum hadn't left a will, and my father has the house (worth £500k plus) in his sole name. Mum had…
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Gift Tax
Dear all, New to the forum so hope I am in the right place!! More legal advise then Money advise I am after help with..... I wish to give my child £20,000 to help him with a deposit for his first property. Will I have to pay any gift tax? I have read different websites and done research but there seems no clear answer!! I…
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self assessment (charges from bank)
Hello I'm a bit late sending off in the last minute my first SE I'm lucky its just the last few months to complete I have one question so far and would appreciate your help If I charge and receive 10.00 pounds from x company and the bank charges me 2.00 to receive the money where is it best to show that 2.00 thank you for…
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BR tax code
what exactly is the tax code BR my OH has just had a letter stating that his tax code is changing to BR , but he thought that this was when you have a second income ?? could someone please clarify for use what it is thanks
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Self Employed Builder Tax Help
I've looked all over the web but just can't seem to find any info that isn't baffling me. I'm a 23 year old self employed builder currently living at home with my parents. I'm on around £12,000 a year (Before tax) My questions are: 1. I bought a car (cost £10000, paying £150 a month for it). I do about 9000 miles a year,…
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claim back expenses
hi, i've been working self employed since start of november, just doing handy man jobs on peoples houses and gardens.. i paid about £2700 on tools and equipment to get started and have so far averaging about 300 miles a week driving to and from jobs, as i didn't have any savings behind me money is a bit tight, i have been…
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Deductible tax on a car purchase ?
I bought a car last year in January for about £5500 and it is used mainly for my self employment business. How much can I claim on it ? What is the percentage accepted by HRMC? Thank you .
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self assessment - business start date / expenses
I'm currently working on my first self assessment tax return, and had a query, wonder if anyone can advise before I have to give HMRC a call. Business start date is registered with HMRC as Sep 08. This is the date of my first sale. When I phoned to register, I was told that the date of first sale should be business start…
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Why does my tax code keep changing?
Hi Can somebody help me please? My tax code has hanged numerous times in the last 2 years and im not sure why? In Jan 08 my salary was £42,300 and I had £6,200 car allowance, my tax code was 484L. Since then, there has been the following changes: May 08 - salary increase to 43,919, tax code changed to 543L Oct 08 - same…
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self employed losses on self assessment return
hi, im trying to fill in my self assesment sheet before 31jan, i started business in oct 08 and am doing from then till april09, i have incurred some losses due to startup cost and equipment. ive been reading about claiming relief but im not sure how this works. can i minus my losses from my capital gains?(ive put down my…
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Allowed to claim Bank Account Fee as expense?
Hi all, Does anyone know if you are allowed to claim bank account fees as an expense? I ask only as I have a HSBC current 'plus' account which I use mainly for business that costs me around £12 a month. Many thanks,
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Tax code change for 2010-2011
Hi,guess this has been asked a million times done a quick search & nothing too recent. Got a letter from the tax office saying my tax code for 2010-2011 will be changed from 603L TO 647L,what does this all mean,havent recently changed jobs (been with the same company since i left school 18yrs ago),have i done something…
