-
Tax ref no
Does the UTR and login details ever change or will they be same as last years? :beer:
-
Can someone work out what tax and NI I would pay
My tax code is 651L I currently earn £8465 p.a. but this is dropping in march to £5772 due to a forced reduction in hours at work. I am trying to work out how much poorer off I will be a month. thanks.
-
Payment on account
I'll try and keep this simple. I'm self-employed and paying my 2008/9 tax bill this month + half on account for 2009/10 with the other half by 31/07/10. If tomorrow I was no longer self-employed and became PAYE and an employee, would it be best to: a) Pay this month, and ask for the July payment on account to be taken via…
-
40% tax bracket
Hi, I wonder if anyone can help me find out an answer to this question. Many years ago my Dad had a bit of a problem with the Tax man chasing him as he went over the 40% threshold but was paying the lower rate of tax. I am now in a situation where I am about to go over £37400. I am wondering whose resposibility it is to…
-
Full Time + part time self employed
I have a full time job but i also want to earn a part time self employed income. I know that i need to pay tax as a sole trader. However that poses me with a problem (i think!). I pay tax/national insurance monthly (PAYE) so how will it work with my part time income? Will my current employer need to know i am earning other…
-
Inheritence tax and intestacy
First time posting so after some advice. My Fiancees dad dieed 27th of December aged 71 and it was out of the blue. He was a self employed Accountant who worked from home up till the day he died. He re married and had a son. So there his wife my Fiancee, her sister and their half brother left behind. Now they've just found…
-
Ready to submit tax retun, but what happens next?
Hi all, I've sorted my tax return now and ready to submit, however, I was wondering what exactly happens next. Am I right in saying based on my earnings for 08-09 I will have to pay a 'forcast' amount in July based on how I did in 08-09? If so, I know my return will be less for 09-10, so if I submit year 09-10 this April -…
-
self assessment
Thought I could do without an accountant, but now that I'm just about to send in my tax return, I'm starting to wonder if I do need one after all. Any advice anyone could give on this question would be very gratefully received. I do a tax return anyway for a flat I rent out. Became self employed in June 09 while on mat…
-
Self Assessment nearly done but..........
Hi I was wondering if anyone can help with a little “How to?” I have a business it’s very small but it’s been running for about 2 years but to supplement my earnings I took a contract job last year where all my tax and national insurance is taken at source. It’s now time to fill in my tax return and I can’t see how to tell…
-
Work in the UK, employed by a foreign based firm. Tax?
Hello. I have been working for a Singapore based firm and have been UK non-resident for the last 2 years. I have come back and the firm, as I say based in Singapore, have offered me a new contract but working from home in the UK. My salary would be paid from Singapore to my UK account. Am I right in thinking the following:…
-
seafarer's NI contributions
Hi I was wondering if any seafarer's are on here as its the first year of my hubby having to do his NI stuff himself, previously he was PAYE but now he has to sort it himself even though he is working and salaried, but no tax gets taken out his wages (tax company sorts out his tax return) and he has to pay his own NI.…
-
SA Help needed, PAYE from April to Oct, no P60, firm gone bust.
Hi people, I'm getting into a right state over this tax return, (my first one). There's no way I'm going to leave it this late next year. Anyway, I was employed by a company, paying tax through PAYE from April to October 08, when I went self employed. I never received a P60 from the firm and to be honest I never really…
-
Self Assesment - Reduce Payment on Account?
I wonder if anyone can advise me on this. I have tried calling my tax office but spent a long time on hold and had to give up. I do appreciate they are quite busy at this time of year. I have received my tax bill after submitting my 2008/09 tax return and I have no problem with this. They are also asking me for half of…
-
Working less hours
Hi, Welcome to the forum, i'm new here! So i was thinking, that how much could be a tax if i work 4 hours a day instead of 8. Let's say i got £6.5(i know, it's crap, but that's what i earn). At the end of the 2 week period, i get around pure £420(taxes deducted). I wonder, if i would do the same job in 20 hours a…
-
Self Assessment.
I began being self employed in July 2008. Stopped in January 31st Jan 2009. (Last transaction). I know I have a self assessment to do but have never received anything from HRMC ever, only thing I ever got was a national insurance payments letter, which was sorted and let the paper deadline pass as I thought would be easier…
-
Ideas for the governemt
I'm not sure which forum this idea fits in with, maybe we need a new one!! Have you any ideas for the government, which could help them to use our money more effectively, saving us taxes in the longer term? I have already suggested a few things; -if new graduates work for 5 years in the public services e.g, the NHS,…
-
Limited company and IR35
Hi guys, I've had a good look through the posts however I couldn't find what I was looking for..... Maybe you guys can help :) I'm a locum pharmacist and have set up a Ltd company. In pharmacy world there are two main employers: 1) Community (Boots, Lloyds, Superdrug, Tesco, etc.) 2) The NHS (different Trusts around the…
-
Quick Tax Question Please!
HiI am self employed and due to certain circumstances I earned much less than usual for 2008/09. I have just submitted my tax return and my liability for this tax year is £606. However I have made payments on account 31/1/09 and 31/7/09 of £835 each.So presumably I have overpaid. What happens now, do I get a refund? My…
-
Hopefully a basic question!
Sorry for this, I am getting myself in a right knot! I am filling in the tax return for my mother who is 66 in June this year. Online it is saying that all payments have been made for the tax year 2008/09 (£607.88). My mother receives a pension of £178.33 a week and has £333.00 of taxable interest from a savings account.…
-
How to Pay My Tax Bill?
I know I must be missing something really obvious, but I don't know how to go about paying my self-assessment tax bill by internet banking. I can tell from my online account how much I need to pay, but there are two options for account numbers to use. One is Cumbernauld and one is Shipley. The Help function says my payment…
