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Underpayment of NI
Hi, I am concerned that I may have been underpaying NI. I am a PAYE employee at a state school as a teacher and have been in continuous employment at that school for nearly 3 years. I presently earn £27080 pa and my tax code is 647L. My last pay cheque read as follows: Gross Salary - 2256.67 Tax - 314.40 NI - 166.50…
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council tax benefit
hi just had a baylif letter today sayin i owe 805.00 on council tax but im on benefits and full council tax.when i rang my council today they say it goes back to when i turned 18 wich was 3 years ago and it wasnt gettin paid.when i first got my flat i was 16 and i got told that whni turned 18 it would atomaticly get…
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My council tax is £1,853 (am cry!)
Hi guys, Just moved into a house that is rated at band E, meaning my council tax bill is a fairly substantial £1,853. The house was valued at £235,000 - I entered that figure into the Nationwide house price calculator and it estimated the value back in 1991 to be £78,000 or so. Far below the £88k banding for category E.…
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P60 question - lost march pay slip
I've got my P60 in with the 2nd payslip of this tax year, as explained in the title I lost my March payslip (well actually I washed it) so I don't know how much tax I'd paid at the end of the tax year. My problem is that I think there's been an error in my pay, my tax code is 647L and I read online that the LEL is 4940 but…
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tax owed
HI,after a tax investigation i have been told i have under paid £24000 ,about £18000 was because of my accountant's errors,that hes made over four years,iam not sure how to proceed in claiming off his insurance that i know he has, any thoughts appreciated,also how long can i take to pay the tax man,,he wants me to cash in…
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Pay tax on money received from abroad
Do I pay tax on money given to me by my parents who live abroad? They simply transfer to my bank account. Thanks!!!
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Advice on back payment of tax and rental income
A relative of mine works full time as an engineer-on paye. He has a chance to also be self-employed as well (both jobs at the same time) and has to set up a ltd company to do so. Obviously as a director he will have to fill in a self-assessment next year. Here is the problem-he has a flat which he lived in but has rented…
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capital allowance claim?
hi when you finish in business can you claim all the remaining capital allowances in the computation? ie. my friend finished in business oct 09 and is doing an 09/10 tax return. she has equipment and vehicles with wdv's of £7000 - is she able to claim the full value now as opposed the normal 20%? thanks
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What is better: Pay Rise, travelling allowance, or childcare vouchers
Don't know if this is a stupid question to ask, but I will ask anyway. I currently travel 15 miles per day each way to work over 3 days so 90 miles a week spending about £30 on commuting £10 a day in fuel is a big chunk of my wage when I am only doing 7 hours @ £6 So, I was thinking of asking my boss for a payrise, and am…
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Lost my tax advice receipts!
Hi everyone, I am self employed and do my own self assessments each year. Ive lost some receipts from a contractor that show how much I recieve net and how much tax is paid each time they send me a cheque as per my invoice. Are these advice slips classed as a p60? or should I recieve a p60 summarising how much they've paid…
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Is there a system to getting a tax rebate?
How do I find out my local office etc, is it the local one to my home address, or the employment that has messed up with the tax code? We are owed about 1k by the look of it, and I want it back! Any advice welcome.
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Benefit in Kind - Staff Mortgage
Hello, I was wondering if someone could put me right on the tax implications of getting a staff mortgage. Let's say I was borrowing £125,000 at base rate (0.5%). HMRC interest rate for benefits is 4.75% (2009-2010 rate) So, am I right in calculating the taxable portion as this: 4.25% (4.75% less 0.5%) of £125,000 =…
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Car Fuel Allowance
Hi everyone just a quick one and not sure if you can help: I have been receiving from my employers (private sector) 40p/mile for using my car for the last 7 years. During that time diesel has risen by approx. 60% and I have had no increase in my rate. My manager states that if they pay me more than 40p/mile I would be…
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Claiming Mileage
Hi , Hope this is the right place for this thread , after a bit of advice for my husband . This year we have got rid of the company car and fuel card and got our own , and my husband has to claim mileage . We are trying to find out if he can claim mileage from our home address to where he is going as he is field based . I…
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CGT / Landlord expenses
Hi, Can anyone help answer a couple of tax questions? Firstly, my (furnished) property is currently empty (hopefully short term between tenants) so I'm liable to council tax. Can this be counted as an expense and off-set against any profit I make this year? Secondly, when I come to sell the property, what Capital Gains Tax…
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P87 Timescale
Thought l would share with you the information given to me today by the tax office when l contacted them just to obtain confirmation that they have indeed received my P87 Posted my P87 on the 4th April 2010 was advised that although the system does not confirm if they have actually received the P87 how it works is that it…
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Self assesment queries
I have filed an online tax return for the first time and am unsure of what to expect. I m due a healthy tax return ( whopee!) however they have advised me that mine is going to take longer than the estimated 10 working days as advertised because I have been selected for additional security clearance. I have had a terrible…
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Fax number for HMRC Leicester please?
Does anyone have a fax number for HMRC Leicester please? Thanks JamesEB
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Tax Rebate/Washing Uniform
Hi I followed the steps on here for claiming my tax back for cleaning my on uniform. Now I got 2 letters back, 1 for last years tax and one notifying me to the changes to this years tax code, I also claimed for the last 6 years. On one of the letters it said that I have overpaid tax totalling £339. I take it this will be…
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Tax nightmare
Hello - can anyone help me with tax code information please? Basically, my tax code has changed from 647L to 497L because I have a taxable healthcare benefit through work. The problem is, I have had this benefit for 10 years during my employment with the same company but the tax office have only just changed my tax code…
