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Can donations be claimed as "deductions" for next tax-year?
If I make as a self employed person around £20,000 of income before deductions, and let's say I make a donation of £50 to a charity (and also declare gift aid for the charity to claim from tax I paid last year) - now can I claim the £50 donation as a "deduction" for the next tax-year for my own tax purposes? i.e. if I made…
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Self assessment
Hi If you are a higher rate tax payer do you need to fill in a self assessment form? I thought you did, but looking at the Direct.gov website it doesn't look like that is a reason to fill one in. If you don't fill one in, how do they collect the extra interest on your savings and how do you claim back the extra bit on…
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Tax relief for travel to temporary place of work
Hi Last year my husband was asked by his employer if he was willing to undertake work at another factory, on a temporary basis. My husband agreed,as it meant he kept his shift pay (if he stayed at his permanent base he would have lost it) He travelled 50 miles more than usual, by going to his temporary workplace for 7…
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CGT on Inherited Shares.... which date is used?
Hi Searched but cannot find this on the Forum already. I inherited some shares when my uncle passed away two years ago. For various reasons, the shares have only recently been transferred from the estate and are now in joint names with my wife to reduce the tax on the divi's. We would like to Bed & Breakfast some of them…
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Capital Gains Tax
In May 2008 I had to move 90 miles away due to work, I decided to rent out my flat and rent in my new location to enable me to "suss out" the area. I got permission from my mortgage provider etc. I then bought a house in my new location with my partner in November 2008 and didn't sell my flat as I was tied into a tenancy…
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TAX offices!
This is a bit of a rant but why is it that every tax offices are streaming voice message that says "we are very busy at the moment, try ringing later etc" all the time on Saturday? It was like that last week too. Trying difference offices, they are all the same. Devon 0845 366 7830 West Yorkshire & Craven 0845 302 1432…
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help tax back
not sure if this is the right place, was told years ago when on jsa i couldnt claim this back dont no if this is different as on IS and dla can i claim tax back from when i was working i no i was no where near the tax threshold any year and was charged emergency tax quite a few times how far back can i claim and how do i…
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retired person - stop tax being automatically deducted?
Hi, A member of our family has recently retired. She has savings accounts where interest is still automatically deducted. I vaguely recall reading somewhere there is a form you can fill in to stop this happening when you retire as you are not liable to pay tax any more. Please does anyone know what the form is and the ins…
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hmrc have cancelled dd - any ideas why? please help!!
we are contesting a tax bill from hmrc, who put my partner on the wrong tax code (a series of silly mistakes). we have a dd to repay the deficit coming out of our current account, however i have just found out that hmrc have cancelled the dd. does anyone know what this means? could it be... 1. that they may have finally…
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Capital Bond Gift Vouchers - Taxable??
Hoping someone will know the answer to this. Are capital bond gift vouchers taxable? I have received some through work as part of an incentive but was wondering how this will affect tax? Thanks in advance
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CGT when person dies after selling business
My stepdad sold his business November 2009. He was planning submit tax return September as normal. Unfortunately died this May 2010. Will the normal CGT entrepeneur allowances accrue to the estate?
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P11d advice
I have recently received my P11d for 2009/2010 and have realised i have being pay more tax than i should for fuel, i have also been told i can claim business miles back. My problem is the company didnt send me one for 2008/2009, i have just asked for one and they sent me a one with £0 value on. How can i go about claiming…
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Self Employment and PAYE
Hi, I'm currently employed and pay tax by PAYE, i have however in the last few months of the last tax year started my own business, which for that tax year ran at a loss, Can i claim this on my self assessment form against the tax i have paid on my PAYE income? Also i have paid Class 2 NICs for being self employed but have…
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Advice needed on potential tax refund
Hi All, I was looking to get some advice on a potential tax refund and thought this would be a good place to come. I started working for my current employer in January 2008 and as part of my contract I am entitled to a 25% shift bonus. This is going to sound really stupid but I didn't realise until last year that I hadn't…
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Do I have tax liablity - its not stright forward! Help!
Hello I could really do withsome advice as I have a bit of a complicated set of things that need taxing and not sure what is the best way to do all of this! Here are the breife details: - I have a full time job and do tax and NI via PAYE - I have a company car which I am taxed on and this is doen via my work directly from…
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Self employed working with colleague
I have been made redundant and am going self employed. A colleague who also has his own business has offered me some work, he is also self employed working on his own. My question is if he has a job on and I help him with it do I just invoice him for my time? We are both registered as self employed and responsible for our…
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Declaring Tax
I finish work with my current employer tomorrow and start a new job on Monday. My current employer now want to use me as a consultant, this will involve being paid a retainer each month in return for answering my phone if any problems crop up (I'm not being replaced) I need to invoice monthly and am responsible for…
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Going freelance...
Hi there, I work as an artist in the visual effects industry and am currently in full time employment.. Over the next few months I plan to leave my current position and start working on shorter term contracts on a freelance basis for various studios / companies around London and the UK.. From what I gather I will be paid…
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tax mystery
Hi All, If I was a self-employed courier driving 45,000 business miles a year, that's £12,750 mileage allowance (based on 40ppm for 10k then 25ppm for the rest). If my tax bill was less than that amount, would I end up having to pay no tax? Or is there a limit to how much mileage one can claim? Thank you.
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Self employed tax return - newbie!
Hi I'm helping a friend do his tax return online. I've not done this before neither has he! He's self employed, uses his home as his office, but drives each day to a unit on a site where he does his manual work and then drives home again. Can he claim petrol and repairs to his car? Can he claim for using his home as his…
