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Employer has not paid my attachment of earnings
Hello, Brand new to this site, but was hoping for some much needed advice. My employer (I would like to call him more than that) had recieved an attachment of earnings order and a far as I knew was paying it. It was stupid of me to trust them, as I did not question the balance at all until it was to late, the company is…
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Tax on £5,000 Company Bonus
Hi all, I'm just looking for some help/adivce on receiving my company bonus. I've been trying to work out what I will receive net of tax, if someone could help it would be greatly appreciated! Basic Salary: £23,000 Bonus Due: £5,000 Deductions: NI: 11% Tax Code: 647L Student Loan: 9% on anything over £15,000! Any ideas on…
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Do you pay your 'Payment on advance' before submitting?
Hi all, Just had my reminder through for the 'payment on advance' due at the end of month. Which has obviously been predicted based on my return submitted for last year. I was wondering, do the majority of you submit your return before the 31st July or just pay the predicted forecast and get a rebate/pay more when you…
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AIA -van
Hubby became self employed April 2009 but bought his van January 2009. This is a company van with 30% private usage. He is VAT registered. How does the annual investment allowance work for this? Can he claim 100% for his first year of trading? The van cost £5000 in January 2009 - how do I bring that into the business and…
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Tax Cr Question Help needed
Hi Guys Be gentle with me I have been a long time lurker here. I have conflicting information. Self employed - Tax return done, small profit but loss from last year carried forward vitually wipes it out, balance let's say £500. Now on the Tax credits renewal is the s/e income (total profit for the year) the £500 or is it…
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Compan,y car tax question?
Hi, I'm about to start a new job and my employer is offering me a company car cash allowance. The have advised me I don't need to buy a car with this money. Which to me looks like a normal salary. How would this work with regards tax and am I allowed to accept this as I will not need a car at all?
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Income tax liability on multiple overseas contracts
I have some specific questions relating to overseas work on multiple contracts. Current status I have been working in a Gulf country since November, under 2 contracts. The first ran from November 2009 until May 2010. The second runs from May until August 2010. The employer is a UK consulting firm. I currently have resident…
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Principle Private Residence - election
This thread recommends we seek clarification here of how a landlord of a previously rented property, can move back into the property and how they demonstrate to the HMRC that is it now their PPR. https://forums.moneysavingexpert.com/discussion/2579485 Does anyone have any info on this or a link to the specific HMRC…
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I got my tax refund!
Hey guys i think i made a post a while back about trying to claim a tax refund i was owed for the last tax year. Well today in the post i received a cheque (£400+) and happily went to the bank to pay it in. It wasnt too difficult, it took a couple of phonecalls and a covering letter on my part explaining my situation and…
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resolved - delete please
resolved, please delete
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Customs charge on imported ebay purchase
Hi, I've been hit with a Revenue & Customs charge on a bicycle part imported from the US and not available in the UK. Is the fact I couldn't buy it here even if I wanted to grounds to contest the charge?
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avoiding stamp duty
we are hoping to buy a flat with office space (to be purchased as seperate transactions but a link buy) . our mortgage will purely be on the residence and because they are a link buy we would have to pay stamp duty on the whole amount. our solicitor has suggested we make ourselves a limited company for the office buy and…
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Question about outstanding tax after death.
Hi all, I don't know if i have posted in the correct place. unfortunately my partners father died a couple of days ago and the family are trying to plan the finances. He had an outstanding debt of about 8K with the inland revenue as he used to work for himself but had not been able to work for the past few years due to…
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Council Tax Summons
Any Advice would be appreciated! Earlier this year we missed a council tax payment and our Direct Debit was cancelled. I spoke to the council and told them we were struggling to pay on the 1st of the month due to our other bills and mortgage coming out the last and 1st days of the month. The lady I spoke to was really nice…
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Reclaiming My Tax
Hey all, I was wondering if anyone could help me out a little bit regarding my PAYE tax? I really struggle with this kind of stuff so I'm seeking some helpful advice. Am I allowed to claim any tax back from the two previous tax years? If I can how do I go about it? On my P60 End of Year Certificate 2008-09:- Pay - £6327.30…
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How does a "K" notice of coding work.
I ask this question in on behalf of an elderly relative. The records are incomplete but it would appear that this elderly pensioner some time transferred a chunk of "nest egg" to what used to be called colloquially National Savings "Pensioner Bonds" - I think because only pensioners were allowed to buy them. They paid…
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I have real concerns - HMRC - lost records
I own and operate a small Limited business that I started from scratch in 2003. Annual sales last year were £1.1m. I have always had my accounts produced by my accountant and filed with both Companies House and HMRC by the appropriate time each year. Two weeks ago ALL of the supporting paperwork literally went up in…
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Introducing money to a startup company
Hi, I wondered if someone could advise on this. Just started a limited company and I had to inject £3000 in to the business initially as I was not going to receive any income from it for 3 months. I haven't yet appointed an accountant, but will I be able to take this money back out of the business "tax free"? It was my own…
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Previous Years Tax Rebate
I wonder if anyone knows the answer to a question about reclaiming work related expenses... A few months ago I wrote to the tax office listing 3 years of professional work related fees (professional subscriptions etc). I recently received a tax rebate for the year 2009/10, and an amended tax code for the current tax year.…
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Tax rebate after maternity leave?
Hi all, Just wondered if anyone could help. I have left my job as my paid maternity leave has finished and I will be staying at home to look after my son. I have not yet recieved my p45 but as I have left and earnt (my last payslip shows) £4564.15 and paid £588.80 tax, will I recieve any rebate? Many thanks :o ) S
