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Starting a second job
Just wondering if someone could give me some advice. For the past year I've been working in a bar, as employment in my actual profession dried up. I've now managed to get another job in my actual profession starting on Monday. I will be keeping the bar job, as a very infrequent part-time job (say 1 shift every 2 weeks) so…
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How do I un register as self employed
I have just taken on a job which I am under employment and pay tax as a deduction of my wages. Previously I have worked and been registered self employed. How do I unregister as I will not be working for myself till ayt least the end of the year........?
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TAX on Pension & Part time
Please could someone look at the figures below to verify they are correct. My husband aged 60 is now working part time 19.5 houra a week his tax code for this is 655L his net pay is £942.25 deductions Tax £127.20 gross £1.244.30 He also gets his work pension Tax code month 1 £ Pension £736.55,tax deduction £147.20 its all…
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Company shares and tax implications
Hi The company I work for has recently offered me 10% shares in the business and the opportunity to become a co-director. It is a ltd company and has had significant growth in the last 5 years which is expected to continue. Will the share offer affect my tax band or status? What do I need to consider? If I am given 5% in…
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BR Tax Code & Refund
I was previously placed on a wrong tax code from Jan to May, 2010. It was now BR. In May correction has been made and now it is 967L. I received a letter from tax man in this regard informing me of correction of the tax code. However, I want to know how can I claim refund. Previously I send tax man a hand written…
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Capital gains tax
Hi We wish to buy a house that has come on to the market, we can buy the house with cash we already have, however we need and want to sell our present home to replace our savings, I have been in touch with our solicitor and I am informed that as long as we sell our main residence within 12 months that we can elect it as…
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where do get downloadable copies of self employment tax forms?
Does anyone know where online I can pick up the SA103 Self employment supplementary page for 20008 to 2009. I tried using the government's website but could only find 2009 to 2010.
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how far back can you claim your overpaid tax
I was under the impression we can get money back from the tax man for up to 6 years (says so on their website). However when I called HMRC they said the rules have changed and now it is 4 years. Is this true?
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Has new VAT rate started ?!
I've been out of the country for a few weeks and have just visited my local supermarkets. Looking round the shelves it appears that a lot of prices have gone up by more than a few pences. Of course there are still the 'roll-back' specials. But many items seemed to have increased by quite a high percentage. I am wondering…
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Council tax,big problem need help!
Hello guys. Another question about council tax really. The problem is,Im now 37 and have relaliseded Im not on the electrol roll and registered.The reason for this is Ive spent long periods abroad in my life etc. Anyway,Over the last few years Ive had spells staying back at my mothers address,working etc,before maybe going…
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AA breakdown covered, paid for it but not system
sorry in wrong thread pls delete
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Trying to view account on HMRC
I cant view my husands self assessment, been like this a while now. I emailed the helpdesk and i got this reply 'Thank you for your email. There is currently an error on the online service for Self Assessment. If you have completed the return and also submitted an amendment then you will not be able to access the system at…
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Awaiting tax refund
I filed my husbands tax return on the 25th May, he was self employed from Apr 09 to Sept 09, then employed up until the end of tax year 10. I added employment to his tax return and came out he was due £755 back as overpaid. I called today as still no refund has gone in to his bank, the message on the line says refunds are…
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Making mort overpayments - tax impact?
Hi I'm hoping someone can advise. I have a fixed rate BTL mortgage with Mort Express. In attempt to reduce their mortgage book, they currently have no early redemption charges / penalties for overpayment. I intend to pay regular capital repayments in addition to the reg mort payment. How does this sit with a tax…
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Best way to apply for tax refund
My son's fiancee is due a refund from the last tax year when she changed jobs a few times after graduating from uni. I've read on here that once the new systems are properly up and running you should be able to phone up HMRC and sort out a refund there and then. However when will they be up and running? Is she better…
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Advice Needed! Final Tax Code!
I received my P60, my final tax code is BR. I'd had my job since Jan 2009, this is my only job. According to the P60, my earning are £11, 597.78 The tax deducted is £2319.14 Any ideas... ??? Thanks in advance :)
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Who do I contact?
Last summer the company where I worked shut down the building although they are still trading. Now I have a new job. Out of sheer curiosity I want to see if I'm entitled to rebate. So do I phone the tax office for the new job, old job or both?
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Confused about tax when not a resident anywhere
My husband and I are leaving the UK the end of this year with our two small children. He earns monthly royalties as a photographer (roughly £2k a month). The company that pays him is based in the States - they put the money into his UK bank account and he pays tax as normal over here (which the IRS are aware of). Before…
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Shared Tax Allowances
If my wife is not using her complete over 65 allowance, can I share the shortfall with her against my income?
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New tax and NI rates
I am a self-employed part-time sole trader and earn c. £6,500 a year. After tax-deductible expenses, I rarely pay any income tax. This means the new tax allowance will not benefit me, yet I will still be clobbered by the rise in National Insurance. So as a very low earner I am WORSE off! Fortunately my husband earns a…