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Claiming tax back in april
Hi just trying to sort out my financial affairs and was unemployed for six months last year started temp work in september went perm in november now earning 23, 500 a year, i m sure i should nt be paying tax for the whole time i since september as i was unemployed can anyone tell me how much i will be able to get back as i…
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Do I have to pay tax owed?
Hi Really confused about tax issue and hoping someone may be able to advise. Just completed my SE for 08-09 and it says I owe £400 in tax and to pay by 31st January. My husband seems to think that I can ask for this to be set against my 09-10 tax allowance which he says would result in my having to pay nothing as for that…
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Capital gains???
Last year we rented our house out, we are going to sell it in the future, but im a bit confused to how much capital gains we will pay, i know people on here work it out so if i give some figures, could someone explain to me? We have lived in the house 10 years and we bought it for 75000, now its valued at 200,000. Now i…
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Can I claim for my new driveway?
I am employed full time but also work as a sole trader for 2 evenings a week. I am a diet consultant and my clients mostly visit me at home. During the last tax year I had my driveway extended and relaid to create additional parking spaces for my clients. Is the cost of this work, or proportionate amount, an allowable…
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Self assessment
I've just completed my self assessment online and paid the bill, so I'm done for another year. I have to fill it out as I rent property so that gets taxed appropriately. My question is this, there is a section for putting interest received from bank accounts even if it's been taxed. I didn't bother with this as I only got…
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Self assessment foreign tax credit??? Anyone know??
Hubbie works for oil service company in Uk for a norwegian company. They have sent details for us to fill in self assessment but can't work out where they should go?? it says (employment) Pay in the employment £65,632 (employment) tax deducted £17,176 (employment) foreign taxable benefit £5011 (foreign) Foreign tax credit…
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self employed supplying service to charity
I am self employed and have a customer who works for a charity and has asked me to help in a professional cpactiy. As the job will be working directly for the charity I am planning on offering reduced rates. Are there any tax incentives for doing work for a charity either paid or volunteer work?
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tax return shows i owe more tax than i earned?
help! in the tax yr 08-09 i received my fist invoice (for part-time freelancing) just before the yr was up, to the sum of £60. just done tax return and it wants £74!!! i am a sole trader and i also have a fulll-time job, of which i copied the information from my p60. no idea what to do and ive been on hold to the tax…
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Tax Return Help!
Hi I am getting totally confused with my tax return. I am a sole trader. My turnover was 95K and expenses 86K I have also paid back 3K to an overdraft which i know is not allowable as an expense. This leaves according to my calculations 6K in cash which i have taken out of business. However when asked to input drawings the…
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Not sure how to get tax back.
I have two part time jobs that I don't get taxed on, I did a temporary job for a short time and have been taxed. How do I claim this back? Haven't earnt enough to pay tax BTW. Thanks.
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Tax relief on overseas travel, subsistence & accommodation?
Can someone help on a question regarding foreign travel, subsistence and accommodation? I know someone who has a contract to work for a company in Switzerland for a year. This is not a secondment from the UK but a local contract. The individual is paying for flights, subsistence and accommodation to and from Switzerland…
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Tax on three rented properties caluclating mortgage interest
Hi I have searched on here but cant find the answer to my question and was hoping someone could advise me. In a nutshell I own three properties. 2 flats owned outright and a house with 125k mortgage. All three are rented out. I get £100 per week for the house however the interest on the mortgage is about £120 per week. Can…
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meal allowance
hello and thanks for reading, am new to this and confused, my OH pays higher rate tax on his earning but £59 per day is meal allowance, should he be paying higher rate tax on this amount? he's asked work mates but everyone seems a bit cagey! some of them don't pay UK tax because their non UK residents most of the year.…
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Intestacy - Half blood disagreement
My Partners uncles passed away recently and the family are currently in the process of sorting out his estate. Alyun (the deceased) has never been married and had no longer term partners. He had no children and both his parents died a long time ago. The only family he has is 2 brothers of the whole blood, a sister of the…
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İ at a loss how to ask this!!
My wife is a foreign national and doesnt have a national insurance number here --she is on my current account which pays the mortgage but not on the mortgage or deeds of the property-we are considering moving abroad permanmentally and letting the place(subsequent to approvals from BS)-i use my tax allowance because of my…
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Non-consecutive tax code?
I started work on a 6 month contract in September having previously been on JSA for the tax year. When I started work I gave them my P45 from leaving benefits but ever since my tax code has been 647L NON CU and I've been charged for PAYE as if I have had the job since the beginning of the tax year, rather than the reduced…
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How do I declare 2nd earnings
I am currently employed full time earning around 34K per year. However I am due for retirement and would like to try some consultancy work just to see if I like it before stopping work full time. I have read previous threads on how the 2nd income is taxed and have some idea of the procedure (may be some questions later)…
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Cutting inheritance tax single person
I wonder if mousers could advise on this situation. A single parent friend has a substantial estate which exceeds the inheritance tax threshold by a large amount. She is not married and is considering putting her son's name on the deeds of the property (which is mortgage free). She is wondering if her son would still have…
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tax return question again. mistaken banking
Hello I had an amount of £37odd pound taken out of my business bank account by a paypal user last year without my consent or knowledge and then put back in a day later. I have rectified this with paypal, I didn't think it would affect my tax return but to get the figures on my tax return correct, it now seems it does. How…
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Irish Capital Gains Tax for UK residents
Mother in Law has sold some land in Ireland. She has been told she has to pay 25% CGT on the gain made. There was no mention of being to able to offset any of this. In the Uk she would have a CGT allowance of around 10k but is there anything similar in Ireland? I assume we have a double taxation agreement with Ireland so…
