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Do I need to tell the tax office about my earnings?
Hi and thanks for looking... Question: Do we need to notifiy the tax office of our additional income? Tax year 2009-2010: My wife and I have been renting a property for the first time and the income minus taxable allowance is under £5k for 2009/10. Everything is in my and my wife's name as a joint venture. We are a little…
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Are HM Revenue pursuing pensioners again?
Some years ago when I retired the tax authorities wrote to me relieving me of the need to fill in an annual tax return. At the time, this seemed to be a fairly common stance towards pensioners. Now, although my financial circumstances have not changed, they have written to me out of the blue saying I am once again required…
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Tax Question
This is on behalf of a friend: "I work fulltime on a salary of 30k a year and moonlight on evenings and weekends as a taxi driver, my wife is at home full time mother and I am the sole family breadwinner. What is my tax position, do I have to declare all cash earned in my job as taxi driver ? is there a threashold ? when…
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Self Assessment
I did the SA online today. I might have made a mistake regarding the sub-section to do with interest accrued in a bank account that is subject to tax. Am I able to rectify the situation or is it too late and I have to wait for them to get back to me (everything else is 100% corrent as far as I can make out, taking into…
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P60 - wage for year is £4600, £1k paid in tax???????
My Husbands wage for last year was the above amount, I work full time earning approx £18k, on his p60 it says he has paid nearly £1000 in tax, out of the annual salary. Surely surely surely this isn't right? Will he get it back within a few weeks with it being end of April? Any advice gratefully received.
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Council tx in flight paths?
I live in the flight path of Bournemouth airport - I have been told that since we live in the flight path and are disrupted by the noise that we may be eligable for a reducation in our council tax and / or a refund for previous council tax paid. Anyone know if this might be true? Thanks.
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Tax on overseas cash gift from parent?
I'm about to be given a 50k cash gift from my father who lives in the Middle East. He is not subject to UK tax law, but I am. Is this taxable?
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Urgent Council Tax Prob - Please help!
Hi, My mum doesn't have much money at all. She used to rent a property and keep her small mount of money as savings and investment. This savings counted as income, as she got interest earnings off it each month (which is what she paid her rent with). This interest and earnings meant she paid a high rate of Council tax. She…
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N.I. contribution increase 2011
Hi, My salary is £20,000.00 p.a. - given the planned increase of N.I. contributions, is there any reasons why I can't ask for a reduction in my salary, by say £2.00 p.a. and therefore save myself some money from when the increase takes place?
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Info Needed: Child trust fund
first time poster so please bear with me! :) My partner and I have just had a child and I'm looking to set up a child trust fund for her future - well it's her collage fund to be excact. I'm already with a bank who I use for insurance and Isa's etc. What I want to know out of the three services they offer, which one is the…
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How to reclaim tax on a BR tax code ???
Can anyone help ??? Got a letter in Jan from HMRC telling me I had 2 full time jobs HAHA I wish !!! and I would go onto a BR tax code !!! Thats where the laughter abrubtly ended....the idiot new system had recognised my old job and my new one...as had happened to thousands of us !!! :mad::mad::mad: Anyway did the jumping…
