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Doing your own tax return
my husband is self employed and usually just hands all his accounts over to his accountant and pays £600 for them to do his tax return. He does nothing all year except keep receipts in bags etc. So no weekly books. I am going to attempt to sit down tomorrow and sort it out for him and fill in his tax return on line. I've…
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working in ethopia for Hong Kong company - UK citizen
Hi! Can anyone shed any light on my tax responsibilities if the following scenario pans out as planned. Work and live in Ethiopia during 2 year contract (visit UK max 2 months per year over several visits) Paid from Hong Kong in US$ Rental income from property in UK (possibly not over personal annual tax allowance)…
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clarity on temporary work place
could anybody offer advice on the subject on whether or not construction sites are classed as temporary or permanent work places for claiming business mileage on a tax return. in my case i am an employee, use own car, get assigned to a site or sites usually for 2 to 3 weeks that can roll on for up to 4-5 months. the…
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What percentage can I claim against tax?
Hello all, I'm new to tax returns as I have recently become self-employed since qualifying as a dentist I don't own a practice or anything so from speaking to colleagues my tax returns should be relatively straight forward. I have bought a laptop and a Pay as you go iPhone primarily for work (I use the iPhone for the GPS…
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Totally lost: being employed and self-employed
I really desperately hope someone can help me make sense of tax and NI related woes I am having. I am employed full-time. However, last year for one month I also did some freelance work as a one-off for a month in October. I let the tax office know but since then I have had two NI bills. I assume these are quarterly bills…
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Self Employed Expenses
I am self employed and run events. I charge £20 per head for them. Some of my events are also sold through a 3rd party. They make their money by charging £25 per head - they then give me £15 per head. So, in effect, I'm paying them £5 per head for each booking (the difference between what I can sell them for myself and…
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new job too much tax
my partner started a new job 40 hrs a week min wage, she used to be unemployed and before that worked pt time at £70 a week. so when she worked pt time she never got taxed. shes handed in p45 and still getting taxed on a 647 code, we worked out she will earn about £5000 max overall from jsa pt wages and new job at end of…
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Self-Assessment help
Hi all I'm fairly new to the self assessment system and would be thankful for any guidance / tips regarding the following: 1. When completing the self assessment return due 31 Jan 2011 which dates does this cover? Also, does it cover work carried out within those dates regardless if payment has been received? 2. Every few…
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Self assessment form can't account for student loan ending in same year
Hi guys, looking for a little advice please. I have just filed my online tax return for 09/10, because I was both employed and self employed that year. I had a student loan but it got paid off in the summer of 2009, so the student loans company stopped taking money from me at that time. That meant I paid about £1500 to my…
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Self assessment & mileage
Hi, I'm just completing my first self assessment online, to declare income from a rental property. NO problems regarding the info re the property. I work fulltime, and get an essential user lump sum and mileage allowance each month. They appear on the payslip but are not taxed. At the end of the tax year 09-10, my employer…
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PAYE tax code service?
hi all, i've never really paid any notice to my tax code letters but the one today, featuring a K code has got my attention. I don't fully understand tax codes and having done some of the only calculators on HMR website, think mine is VERY wrong and has been for years! do you know any service i can use that will take all…
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Help needed with 'status' and Tax Return/Tax Credits....
Sorry if this is in the wrong place.... wasnt sure where to post...:o Friend of the family filled in DH's tax return and completed a profit and loss account for him (no probs with that he is an accountant), he put down that I earnt £4800 from doing DH books etc, obviously to bring profit figure down for DH so less tax to…
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Council tax summons!
Hi there, I'm hoping some one can help me. With the busyness of December I made a mistake and forgot to pay my council tax, and I have literally just been paid for this month so was just about to sort out my bills but have received a court summons from the council for missed council tax. They didn't send me any reminder…
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Self employed and living with parents. Rent as an expense?
Hello everyone, I've been self employed for three years now, and during that time I'm still living with my parents (very long story!). I pay rent every month, around £300, and every time I come to do my self assessment it really bugs me that I can't put this down as an expense. I mean, the bottom line is that's £3600 a…
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Do I get interest paid on Tax rebate?
Can someone help? Being a plonker for the last 4 years I have been on a BR tax code incorrectly as I only have 1 job. Calculating my rebate myself using P60's I am owed, 06/07 - £447 07/08 - £1407 08/09 - £1206 09/10 - £1295 10/11 - £1000 (already refunded in pay) I have called the tax office and they have confirmed that…
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Sole Trader / Partnership Advice
MrTeapot and I are both employed in full-time jobs and higher rate tax payers. MrTeapot is into wildlife photography and I want to set up a website and blog to showcase his photos, and offer prints for sale. We'll probably sell about one a year. If we're lucky and pay for Google Adwords. :D Anyway, just pondering how to do…
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Company car tax and fuel benefit - Threshold?
I am considering getting a company car. I know there is a threshold for company car tax of £8500 per year and my earnings for the company in question fall under this so no emissions-based tax is applicable. I'm not so sure about the fuel tax though. If my company pays for all fuel and my total income is still under the…
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Newly self employed
Hi I was newly self employed Nov 2010 and have registered so I presume there is not self assessment form to fill in yet as its the 2009-10 one isn't it due in Jan31st? Also does anyone know how to claim tax back as I have been working for a company for a few months and shouldn't be paying tax as i have not earned anything…
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Living abroad for 6 months/house empty - do i pay council tax?
Hello. Im thinking of living abroad for 6 months. Ive heard there may be a possiblity of me not having to pay council tax if my house is empty of all its furniture? Is this true and if so how would they check your house? Thanks
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Urgent Landlord tax reclaim opportunity
I've come accross a great time limited tax saving opportunity if you are a landlord of a shared house (e.g. a student let) - an HMO (House of Multiple Occupancy). HMRC have tighted up the rules on claiming tax relief on fixtures and fittings in such properties from 22 October 2010 (can be between 10% and 25% of the…
