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Self-employed tax return
hi, I sometimes do some mystery shoppoing and so last year I did a tax return online. I was told they owed me £4.01 but had to jump through hoops in order to get it so never bothered claiming it. I have done some mystery shoppin since but didnt receive a paper form so figured I would do it online anyway. I came to sign in…
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How quick are billpay payments to HMRC - and penalties if late?
Just gone to pay the tax due following my self-assessment (daft to leave it so late, I know). It's due by the 31st - so does anyone know if Billpay payments through HMRC website will be quick enough if I pay tonight? Also, if the payment is late, am I right in thinking I only pay interest on it?…
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SA - which payment office, Cumbernauld or Shipley?
Unfortunately I don't have my paperwork to hand so I don't know which office to pay. Is there are geographical logic behind this or way of working out which I am supposed to make a payment to? And what are the consequences of submiting a payment to the wrong one, is a fine likely? The helpline was unsurprisingly very busy…
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Is P45 is as good as IT Return?
I am working as fixed term contractor, where I have been paid monthly, as fixed money. In the year end, I would receive P45. Do I need to file Income Tax return or P45 is as good as IT Return. I would be applying for personal loan in coming 6 months. Pls advice.
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Company Car info
Hi Guys This has been wrote millions of times but i need a straight answer and i cant seem to find a situation that matchs my own I currrently have a company car (ford focus 1.6TDCI) with fuel card that allows private mileage. This currently suits me as i dont have to worry of having money in the bak for fuel etc Now the…
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under 16 and needs NI number rant
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What is correct Tax code?
How would I know what my correct Tax code is? I did a salary checker and it seems like I am getting paid £70 less a month and it has been like this for about 3 years now, So i want to double check. I am in full time employment on a perm position.
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Domain Names - are they assets?
To register a domain name is about £5+VAT for the two years. If you sell one on where does that go on the tax return? As an asset it attracts something like 17%, whilst bundled in with the rest of the profits it can be subject to 40%! What is a domain name? Is it an asset? Capital? Any help would be appreciated, I've never…
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Best course of SA action: re former employer who won't provide P45/P60
Just a quick question that I wonder if anyone could help with. I've completed my self-assessment for the past tax year - in fact I did it ages ago - but I was holding off submitting and paying it because one of my former employments (that ended Dec 08) never provided me with a P45. I've chased and chased and chased, but…
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loads made to a limited company which goes bust?
a really silly question..... is there any way of recovering any tax where as a director we have made loans to a limited company which in turn goes bust (not for the want of trying?) all the money we loaned we would have paid ni & income tax on
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Self Assessment - Averaging
Hi, Can you give me any advice about working out averaging please??? I am an artist so I'm definitely entitled to claim. I made a loss last year and a profit this year so if I give some example figures below can someone tell me what to input in the boxes please?? loss for 07/08 £2800 profit for 08/09 £2600 As I calculate…
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self assessment questions: rented property
Been reading through all sorts of useful posts and responses in this 'ere forum - thanks all, but no-one's had quite the same queries as me and I'm struggling to understand HMRC's advice pages (lots of ifs buts and whatnots) I let a room in my house in Leeds for 6 months while I was living there, for rent well under the…
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Need help with my tax code please!!
I am about to go crazy because I cant understand it! My tax coding change notice says that I owe 241.00 underpaid tax for medical benefits and that's why they reduce my tax code from 647L to 347L for the next tax year. I can't understand how can it be? How much is actually the difference in "real" money? how much less will…
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mileage allowance help
can anyone let me know what do i do and what if any are the numbers, currently employed, i use my own car as an assessor, so do large amount of mileage. my employer issued me with fuel card i pay each month my pvt mileage they pay me 5p wear and tear mileage circa 1500 per moonth i know about 40/25p rate, can i claim…
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can i pay tax online or by phone
can i pay tax online or by phone as i have mislaid the hm request chit help with nos etc would be appreciated thanks
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Sel-assessment fine:HMRC's fault?! Grateful for any advice
Hi all, I am a first time user though often browse the boards. I really hope someone can help because I am not sure what else to do! Am currently at my wits end - my OH has been trying to fill in his self-assessment tax return online this evening. He has a gateway ID, UTR etc and entered all his details as he did last time…
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Help received a Tax overpayment charge for £900 today due on 31st Jan
Hi, I'm at my wits end here, please provide some advice. I am employed by local government agency, and received a Self Assessment tax form earlier this year for the tax year 2008-2009, (I was told this is due to me claiming car expenses and mileage). I completed the form using information from my March 2009 payslip, and…
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please help finishing off my tax return
Hi I just wanted to check a few last things before finishing my tax return I started self employment in oct 2008 and have bought things before then to start off and also use them for personal use so want to claim 25% of the costs but bought them starting in April 2007 is that ok? Capital Expenses April 07 - March 08 Total…
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council tax benefit help pls
hi my income 12k two kids i get 45 workin tax credit 98 child tax credit now i want to know will i be able to get any benefit from council tax i been paying full c tax for last 8 years i never tried to apply for ctax benefit, does anyony get any ctax benefit with similer circumtancesif yes then how much ? thanks
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what to plan in advance for accounts if someone
in the family dies. thanks in advance.
