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Rebates from suppliers in vouchers
can you tell me if my company got a suppliers rebate (which could be as much as £18k per quarter) in shop vouchers could this be classed as a taxable benefit to anyone receiving them? we are only getting the rebate on money that is already spent. many thanks :o
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Council Tax for 2 rentals at same time for 5 days
Hello, My OH and I are moving rental properties mid April from a flat to a 3 bed semi (both are council tax band D). We will have the keys for the new property from 21/04, but because we are terminating our contract early (and paid for it - eek!) we will still have the keys for the flat until we hand them over on 26/04…
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Pensioners losing out due to Osborne budget
Found this on another site and find it worrying if this continues pensioners in UK will be the poorest in EU. There will be many taxpaying pensioners who do not realise that in his last two Budgets George Osborne (Chancellor) has almost completely removed the increased differential between the Personal Allowance (PA)_for…
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C.TAX liability order from august 2008?
Had a letter today from a company called rundle and co saying they are coming to remove goods. Im 99% sure the bill was paid via cheque over a year but im getting my bank to look into it. Now with the liability order being over a year or so old can it still be enforced.
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Am I due a tax rebate? Help/advice please!
Hi there Can anyone offer any advice for the following two queries please? I'm trying to work out in my mind what is happening with my tax codes. I've tried to make this a full statement of the facts, but if I haven't put in all relevant info, apologies and please let me know! 1. Incorrect tax code applied by employer? I…
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Council Tax - what defines your main residence?
My girlfriend and me both had our own houses, and last year we bought a new house and moved in together (the new house is in my name only). She has been trying to sell her old house for about a year now without luck as houses in that area (very much a buy to let area) are simply not selling. She was "okay" with paying 50%…
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Will we be penalized for buying mother a house?
Hi. My mother in law has never had much money. In order to get her on the property ladder her son put down a deposit for her some years ago. We would now like to move her to a better flat, so this is the plan. When she dies she would like to leave her estate to one of her daughters. When her flat sells and her son is…
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Age Allowance 65-74
My Personal Allowance for the tax year 2010/2011 was £6475, but as I became 65 on 28th March 2011, should I have received the age related Personal Allowance of £9490 for that year?
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2011/12 Tax Codes
The 2011/12 code for my company pension has been reduced and a new code has been issued for use against my employment with the company. Only problem is .... that I left the company 3 years ago. I thought that this was last year's HMRC problem? Am I alone, or am I the tip of another "tax code" iceberg?
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Freelance cycling instructor - tax deductable travel?
Hi All, I've recently registered as a sole trader and am doing freelance cycling instruction in schools and to private individuals. I am not registered for VAT. I have no fixed place of work, my jobs (schools) currently come from 4 or 5 companies and I am starting to build up my own client base of individuals wanting…
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Claiming back interest on savings.
For the last few years we have claimed back tax on our savings interest, easy to do on-line. However for some reason one of our accounts (a 2yr bond) paid gross interest last year. This bond is finished now so won't affect me in future. This has thrown me completely, I can't claim tax back obviously as it hasn't been…
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Looking to reduce council tax
Hi. My neighbour recently appealed his tax band and has gone from a D to a C. Im in a band C, and his house has an extra bedroom, more garden and generally a lot bigger. Ild like to appeal my band, especially as now he's managed to appeal and is the same band as me even though his house is a lot bigger. Its given me more…
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MSE News: Pensioners hit by further HMRC tax code errors
This is the discussion thread for the following MSE News Story: "146,000 pensioners underpaid tax in the current 2010/11 financial year, which the Revenue wants repaid ..." Read the full story: Pensioners hit by further HMRC tax code errors
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Can anybody help?
Can anybody work out the correct take home pay please? Can you do for this tax year (10/11) and next? Gross salary 10/11 £35950 Pay £116.50 per month into pension scheme Has season ticket loan also repaying £250.63 per month Tax code 647L This year to come: Gross pay £35649 Same pension payments Season ticket loan repaying…
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How to do a Tax Rebate...
Plain, dumb and stupid question, but both my fiancee and I want to do a tax rebate, I believe this is where we send off documents stating how much tax and NI we paid against our tax codes for each year? We have always been employed and never self-employed, but my partner has been juggling 2 jobs for the last 4 years so tax…
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New Job tax code problem
Hi guys I just recieved my first pay slip of my new job and the tax code ive got is BR. I have given them my p45. how do i change the code and reclaim the overpaid tax? the hmrc website is useless and i was on hold for 30 mins on the phone :mad: Thanks in advance
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Tax re-claim trainee teacher - 'taxable income'?
Hello, Hopefully somebody can help. I am a trainee teacher and was wondering/hoping I can put in a reclaim for tax for the 10/11 tax year. From April-August 2010 I worked full time. From September onwards I have been attending university/work placements etc so am classed as an 'unemployed student' I think. I have had money…
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Maximizing by Tax Liability
With all the fuss in the press recently and strong direction from the Prime Minister about tax avoidance, I'm wondering if anyone can offer any advice to help me maximize my tax contributions. I've already decided to stop paying into a pension scheme as they are just vehicles for avoiding tax. I've stopped paying into…
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what are the repurcussions employer is not paying my tax/NI
hi looking for some advice, i post regularly on here but have made another id as i would like to keep this issue separate from my debt issues, anyway here goes and apologies if it turns out quite long i have worked for my current employer since 2003, when i say current employer it is the same family but over the last few…
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2007-08 Underpaymant of Tax - Inadequate response
Hi all Im another one... I got a letter asking for my underpayment and so I am in the process of trying to query it. I wrote a letter 3 months ago asking for the following: Write off the tax owed for 2007/08 under Extra-statutory Concession A19, as you have delayed in using information in your possession to calculate, and…
