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2 x tax codes
My husband receives state pension. He also received 1 private pension of around £1k per year and another one of £120 per year both with CIS He has received 2 notices of tax coding today 1 from Manchester saying his code is now 129T replaces 49T 1 from Cardiff saying his code is now 92T replaces 99P Both dated the same date…
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N.I. cockup by payroll Dept. Help Reqd.
Im not sure if im posting in the right category as i couldnt find any threads on this matter, sorry mods if im in the wrong place. My wife works for a care trust looking after the disabled. She is full time employed and has a contarct for 40hrs a week. She has worked for them for over 12mths now. The last paycheck (March…
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Got form P60U, please help to understand it!
Hi, I've got form P60U today, please help me to understand those figures: Benefit for current claim £198.12. Pay £0.00 Taxable £192.60 Pay and taxable benefit £192.60 Tax deducted £0.00 Tax refunded £0.00 Net tax £0.00 Year to 5 April 2010. Do I have to pay £192.60 back?:eek:
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Income Tax on salary and pension
I am over 65 still working and earn £24843. My government pension is £3681 and I have been given a tax code of 299T for 2010/2011. I am continuing to pay 5% into the company scheme. I have considered this before but am wondering if I would get a better net pay if I deferred my government pension. thanks for help
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Self employed and the new capital allowance rules for vehicle
I'm confused (not an uncommon condition for me) I'm a self employed agricultural contractor and until 18 months ago worked on a single contract where I didn't need a specific vehicle for business use. I used to put down 50% of vehicle use to the business as this reflected pretty much how I used the car we had. I never…
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VAT on finance purchased vehicle
Hi there - I would appreciate some assistance please if possible. I am helping an acquaintance with some book keeping for his new business and I am a little concerned at the following. His business is car rental. The directors are obtaining finance in their names to purchase the cars, the cars are then put in the business…
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IHT - Problems Using Spouse Allowance
Would anyone have encountered/heard of any problems with HMRC making it difficult to use deceased spouse IHT unused allowances? I was recently helping my elderly father open up a building society account for his maturing bond, and was asked about IHT planning. The society employee mentioned HMRC were 'making it difficult…
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MSE News: Cash Isas or shares Isas - what's best?
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Dudley Council Tax
Hi All, Has anybody living in Dudley received there Council Tax bill from Dudley council yet as ive looked online and my account is showing due and ive requested a copy bill twice since last month but have not received anything.
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How to reduce your Car Tax, legally
This is the story so far: We have a Astra Bertone Coupe MK4 G 2001. This car used to have a 2.2SE petrol engine fitted It now has a 2.0DTi engine fitted taken from a Astra MK4 2001 (we think this is the only Coupe in the UK which has had this done). DVLA changed the fuel and engine number on the V5 but not the CO2 2.2SE…
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Theoretical tax implications
Hey guys, you've helped me out before, and I'm hoping you can do it again. Currently in Israel, looking to save for a deposit for mortgage (for when we move back to UK). Ignoring potential affordability for the moment, and all the rest that comes with it. If I was to purchase a property here with mortgage (if it's even…
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MSE News: Tories target NI hike in General Election manifesto
This is the discussion thread for the following MSE News Story: "The party will reverse most of the planned rise next year. Under current plans, most will see less take-home pay ..." Read the full story: Tories target NI hike in General Election manifesto
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1st Timer Completing Self Assessment
Hello.....apologies if this is in the wrong place, but here goes!! :o I work full time and pay Tax through my employer. Last April (09), I registered as self employed with HMRC as I had started up my own small business in my spare time. I have now received the letter from HMRC to enable me to activate my online account…
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Who is responsible to de-register vat
If as a bookkeeper, doing a clients Vat, then an accountant files the accounts and tax return, who is therefore responsible in checking the vat limits for de-registration. Should the client hold some responsibilty for discussing possible alternatives? I would appreciate any advice. Thanks
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Uniform tax rebate
Hi, does any one have an idea what the uniform tax rate is and how does my husband and son claim it. They are both provided with a uniform for work but have to launder it themselves, my husbands has to be washed daily due to the nature of his job.
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Self Employment Tax Mess
Hi, I've recently closed my business due to lack of business and intellectual property theft. I'm now crippled financially and registered unemployed. I have unpaid tax bill of about £3k for 08-09 (+£2k on account for 09-10) I've called the Tax office and explained the situation that I cant pay. They weren't very fothcoming…
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Tax rebate question
Hi If you are due a tax rebate, do you get it automatically?, is there a way to find out if I am due one? I was living and working abroad for a long time, have now been working in the UK for 6 months and not really sure of procedure. thanks in advance Gab
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do the tax office automatically refund overpayments?
Hi, the basics of my story are, i have 2 part time jobs. One is for 16hrs a week, min wages - so just over 92 a week. The other job is 6 hrs a week paid monthly, so around 140. The tax office wrote to me last week for 10/11 yr tax code, they have split it!!!! This is great - no BR tax on my 2nd job. Will the tax office…
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Tax on Joint Savings
Is it possible to split the share of joint savings other than by a 50:50 split to take advantage of my wife being a lower rate tax payer?
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Self employment and couples tax allowance
Can someone please advise? I am self employed, my work does not work and receives a small retirement pension (£2000 pa) in her own right. It does not use all her tax allowance. Is there a way I could employ her to do my reception work (which she does already as I work from home), and books in order to allow me to pay her a…
