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tax code changed....
Hi my 19yr old daughter who lives with us ( her (parents), she recently changed her job, her first wage slip March /10 said tax code BR and she paid over £100 tax on a monthly wage of £588.99p :eek: we rang the tax people and they said it should be sorted for next time she got paid, we recieved her p45 from previous…
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professional subs
Hi, Can someone tell me (in detail!) where to add professional subs on a online tax return. Did it last year,but can't find the section again. THANKS - FOUND IT AFTER FURTHER DIGGING :o
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Couple of questions about council tax
I am planning on moving back home in June. In January, I will be a part-time student - would my parents be entitled to the 25% discount? (or rather, would I be exempt from council tax) How does second adult rebate work? Both of my parents work. My brother & I both receive DLA. (me @ LRM/LRC. Brother - not sure - mum thinks…
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Inheritance! Do I have to declare it in my tax return
Hello I hope this is in the right thread. My wife and I are both self employed. During the last financial year end 2010 beginning April we recieved an inheritance of approx £23000 cash. Questions Does one of us or both of us have to declare this amount in our tax return forms? My wife also won an out of court settlement…
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IHT / Pre Owened Assets or Neither?
Hi, I really hope someone can help. I currently live with my parents who have a house and no longer pay a mortgage and so it is their's outright (is the term freehold?). We have seen a property which we want to move into, and to do this they are going to sell the house we currently occupy, and then i am going to take out a…
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Care home costs
My Dad who is 90 is now looking to move to a council funded care home. He has about £50K savings, no home to sell and is looking at giving most of his money away before he moves, to his 2 grandchildren. Can he do this or what can he do to avoid paying the council for his care?
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getting stung for trying to work a full week
:mad: i am currently enrolled with 2 employment agencies so i can make up a full weeks work i.e 3 days with one and 2 with other (or vice versa) because niether can offer full weeks. but i am paying base rate tax on one of my earnings just because trying to make a full week. is this fair and can i apply for a refund?
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Wrong tax code being applied
Towards the end of February I received a coding notice from HMRC informing me that my BR tax code for my pension was to change to DO. Knowing that this would be wrong I phoned up HMRC and they agreed that it should stay as BR. On the 7th March I received the new tax coding notice confirming the change from DO back to BR -…
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Self Employed Business or Money Making/Losing Hobby?
I've been self employed for years, do my own year end accounts and complete my own tax return each year. I also have a hobby and have become a seriously experience genealogist over the last 30 years. I ran a workshop last year and earned the grand sum of £25 and someone I helped with her genealogy gave me £30. I am looking…
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Income tax & pension payments
Is this correct :- If my salary is £43000 and I receive additional allowances (eg. car allowance) to the tune of £5000, will my tax be as follows :- £0 to £6457 = 0% £6457 to £43857 (6457+37400) = 20% £43857 to £48,000 = 40% I have the option of paying more into a pension. If my statements above are correct am I best…
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Travel Expenses
I will be doing a job PAYE paid at a flat rate of £3500, with no travel expenses. I will do 1450 miles for this job, will I be able to reclaim the overpaid tax? Thx!
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Tax Code Changes
Hi, I am looking at my payslips for the last tax year and have noticed that my tax code changed a number of times during that period. Nothing changed in the monthly income that I earn so could someone please suggest why the tax code should have changed? Thanks!
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Working from home - tax relief
Sure there must be similar posts to this but couldn't find any in the search. I've been working from home since July 2007 but only moved out of my parents in December 2009. I think I can claim back £3 a week from December 2009 until now and keep continuing to claim according to this:…
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Council Tax banding for new houses.
Hi everyone. I've just watched Martin on GMTV this morning and thought I'd look at the banding of a house I've just bought. The houses in the street are all about 2 yeras old and detached. Ones like I'm in sold for £120,000 18 months ago but I payed £85500 (it was valued at £100,000) we are all on band C, which by the 1991…
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50% Council Tax discount.
In this months Soldier magazine (the magazine of the British Army), there was a reply in the letters section from a Lt Col saying that the guide to Council Tax states: "If you have a second home because of the nature of your job, for example because you are a tenant publican or a member of the clergy and are provided with…
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claiming tax back for supplying own work tools
i have just started a new job as a plater/welder and have to supply all my own tools, about 15 yrs ago i was in the same situation and was able to claim tax back,as expenses for doing my trade,can in still claim it today,and how...
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£100 per week gift from parents. Taxable ?
Firstly thanks for reading. My question is simple, (or so i think) Do i have to pay tax on the £100 a week gift i recieve from my parents. They are both retired. This arrangement has been occuring for over 4 years. I am a self employed tax payer. Many Thanks Freddie
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Becoming a Director PAYE Question
Hi Guys I have just become a director of a ltd company and have a tax/dividend question. I get a total Salary of 25k £5712 paid as salary the rest as a dividend. My question is do i pay tax on the diffrence? if so how much. The diffrence has been subject to corporation tax. Hope this make sense this is all new to me Many…
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Maternity Leave and Reclaiming Tax
Hi I wander if somone may be able to help as I can't find much information, We are expetcing ar 1st Child in September, my wife isa higher tax earner and will have piad a significant amount of tax by the time she goes on maternity leave, when her pay will drop to SMP in Mid October + car allowance of approximately £300.00…
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Self employed earnings loss issue!!
Hi all Was wondering if anyone could help me. I have been self employed and employed for the last three years. It appears I have expenses more than my income this year unfortunately. Will this mean that I get a refund? I have switched to using the Mileage Allowance Rates this year and think that this is why, as I travel…
