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Underpaying on Tax help!!!
Hi guys just looking for some views on best thing to do regarding my underpayment of tax. To cut a long story short, my tax code was changed a few years back to take account of the business miles i was doing at the time, for the past 3 years my business miles have drastically reduced and in the last year have almost been…
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Tax rise on 4th January 2011
Hi, how will the tax rise affect my salary in January? I am a single woman in her 30's who earns around £15,500 per annum and I work full time. Can anybody please advise? Thanks
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Response time for tax
I know that it has been pretty bad but what kind of time period should I look as being reasonable for a tax refund. I have had two jobs and I have sent a letter requesting the tax man merges my tax following the receipt of a P45 from the employer I have left (I am owed £2000 personal allowance) in early November. My…
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Different Tax Codes
Hi All Since I started with my local council back in March they have been paying me with the BR tax code. Called HRMC who changed me over to 647L and said that I should get back the over tax that I paid in my next pay. Each month since then Ive still been paid by the council on the BR tax code, even though I have had the…
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self employed and paye tax queries 2 jobs
Hi, I was hoping that i could get some advise on this situation i am in, 1. I currently am employed full-time Paye earning 60K basic 2. I have just started also being self employed delivering training earning approx 15k my question is this, i use my own car for travelling across the country to deliver the training-can i…
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Just married tax rebate?
hi everyone, about 12 days ago i got married, so now obviously my wife has just lost all her child tax, working tax credits etc straightaway, since they take into account my wages straight away. now my question is since this has happened am i entiteled to any kind of tax rebate since the revenue count both my self and my…
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Self Employed - Home Running Costs
Hi, I currently live at home and use a spare room as my office space, storing inventory/records, meeting clients etc. I pay house keep each month to contribute to the bills for this. On my tax return can I claim back the house keep as an expense? I know you can claim for a proportion of home running costs but as I don't…
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Council Tax Summons despite refund having been issued
I can't get my head around this. Situation is as follows: I lived with my partner in a rented flat for approx 7 months. We paid council tax which was discounted due to her student status. After the 7 months we moved out to different addresses. In November we were both issued with a refund for what we assumed was…
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MSE News: Hundreds of thousands could miss out on tax rebate
This is the discussion thread for the following MSE News Story: "Hundreds of thousands of taxpayers who have moved home over the past few years must tell the taxman or risk missing out on a rebate that could be worth hundreds of pounds ..." Read the full story: Hundreds of thousands could miss out on tax rebate
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Help Needed Inland Revenue say we owe 3.5k
Help!!! The inland revenue have just been on to my hubby regarding his paye contributions. My hubby has two part-time jobs, 1 he started in June 2007 the other he started in Jan 2008. The inland revenue say that he has underpaid tax by 3.5k over that period! His last P60's were 6994 Pay, tax deducted 102.80 10805 Pay, tax…
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Pickup or personal purchased car fuel Tax
Little new to this company car thing, so a little help would be apreaciated. I have been offered a company pickup 2006 redeo 3.0l desiel. I belive my taxable allowance is £3000 and if I get fuel paid for by my employer for both private and business miles, tax = £500. I am in the 40% Tax band, and i only cover approx 7000…
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Tax on short term period of extra work
I would like to ask advice regarding registering as self employed for a second job. I work full time and paid via PAYE 25K. I have worked for a local company for the last 3 month earning approx £200 a month. This will stop in Jan and will not occur for the forseeable future. I have read guidance and intend to register self…
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Tax Implications of Property Development
Hi all, I am new to the forums but recently posted on the mortgage board. My partner and I wanted to borrow an unfeasibly large amount to buy the flat above mine, unify the two together and sell at a profit. Forum users have helped me to understand that this is unlikely to happen but the bank of mum and dad may come riding…
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Just forced to pay VAT on a gift from USA?
Hi, I hope someone here can help me... My close friends in America have sent my son a Nintendo DSi XL over for Christmas, but before it could be delivered, I had to pay £27.78 VAT & Clearance fee to parcel force. As this item was a gift, can this be reclaimed from customs at all? Thanks for any help!
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Where do HMRC get their information from?
Okay, so I've just been sent a revised P2 coding notice for the current tax year, and suddenly 8 months in to it HMRC have decided that I get free fuel for private motoring in my company car, which is not nor has it ever been the case. I've not changed Company cars or my job, and there has been no other financial changes.…
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Bristol Eye Tax details
Just picked up a magazine called Bristol Eye in which Martin has an article entitled 'Does the taxman owe you £3,600 too?' Part of the the article states "You will pay 20% tax on the portion of your income that is between £1 and £37,400 above your personal allowance. This is called basic rate tax" It looks as if the…
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How do i know my tax code is right?
After he left college, my son started work, on a casual basis, last summer. He isn't currently paying tax or NI as he earns nowhere near the personal allowance of £6470, and certainly won't have reached that figure by April 2011. He has, in fact, to date, only earned £1761. He has just been sent notification that his tax…
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Accountant Tax Investigation Service
I have just received a letter from my accountant inviting me to pay for their tax investigation service. Apparently this is due to there having been significant changes within HMRC over the year. They strongly recommend that I pay for this service. I am not a small business. I use them for my standard tax return as I have…
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Do I need to complete a self assessment tax return?
Can I put off filling out a self assessment tax return for 09/10 until next FY? I have not been asked to do it. I did get asked for 08/09 though when I received a large lump sum. My total income is in the region of £6000 which is purely savings interest. Less than the £6,475 allowance, but I may be able to claim some tax…
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Council Tax reduction
Hi I think I dont have a cat in hells chance with this but thought I would ask. My wife and I could possibly be out of the country for 6 to 8 months next year. Our house will be unoccupied in this time. According to my brief searches for info your house has to be unfurnished to qualify for a discount or exemption from…
