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MSE News: Council tax to be frozen in England
This is the discussion thread for the following MSE News Story: "Council tax will be frozen or reduced in every local authority in England this year, the Communities Secretary says ..." Read the full story: Council tax to be frozen in England
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MSE News: Budget 2011: Income tax to fall next year but rise in future
This is the discussion thread for the following MSE News Story: Read the full story: Budget 2011: Income tax to fall next year but rise in future
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MSE News: Budget 2011: Tax and National Insurance
This is the discussion thread for the following MSE News Story: Read the full story: Budget 2011: Tax and national insurance may be merged
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CIS tax return & rebates/expenses
Hello, I am registered under the CIS scheme and am considered a subcontracter contracting with a company called 'the guild'. Im supposedly self employed and this company forward my wages after tax to my bank account. I have to complete a tax return each year with hmrc. Ive been told i can claim expenses for money spent on…
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pay less tax if you are married
is it ture that you pay less tax if you are married? i am married and tax code is 647l my wife does not work. is my tax code right? thanks
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Tax and NIC merger proposal
It is rumoured that, in tomorrow's budget, the 20% income tax and 12% new NIC will be merged into a basic rate of income tax of 32%. If this were to happen, then will retired pensioners, who at present already draw their pension and therefore have no reason to keep paying NIC, suddenly find that their pension income is to…
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Tax write off question
Reading the article Thousands more could get tax written off using HMRC loophole on MSE I called up my tax office and advised i was never made aware of any errors etc and i dont think i should pay... they disagreed and told me i have to pay this back as i had two tax incentives in one year when i changed jobs (one tax…
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MSE News: Thousands more could get tax written off using HMRC loophole
This is the discussion thread for the following MSE News Story: "Hundreds of thousands more workers could escape paying underpaid tax using a little-known concession ..." Read the full story: Thousands more could get tax written off using HMRC loophole
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Share Options
Hoping someone can help here :) I've got share options from work which I can exercise on 16th May. 3000 share options, I can exercise for €2.36 and they're currently worth €4.50 (lets assume it stays on that for the purpose of the question. I've never sold / bought shares before so I am a complete novice. But I am planning…
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What is your opinion of cutting tax on low-alcohol drinks?
AUSTRALIA: TAX ON LOW ALCOHOL DRINKS COULD BE CUT The price of low-alcohol drinks in Australia could be cut as part of a strategy to fight binge drinking. Doctors want changes to the tax system - which taxes light beer at a much higher rate than wine - saying it encouraged people to drink more.
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Tax code changed back to 647L from BR - expect rebate?
My tax code was changed from 647L to BR during a temping job despite having not earned enough to pay tax (some paperwork missing apparently). Now it's been changed back to 647L and I'm still below the threshold for paying tax. So can I expect a tax rebate in early April?
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CGT on shares: Is this plan ok?
I wish to avoid paying CGT on share gains where legally possible. I'm maxed on 2010/11 ISA already, but have some gains on unsheltered shares. Once I've calculated what my potential gains are for 2010/I1 I plan to cristallise gains less carried forward losses (if I get the claim in in time) to use the max allowance, avoid…
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council tax question
Hi, not sure if it is the right place to ask a question about council tax payment. I have a family home in wales. I pay 100% council tax for my family home. While I am working in england from mondey to friday, I share a house with some uiversity students. I am wondering how much council tax I have to pay for the house I…
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Tax refund.
Hiya, I'm hoping someone can point me in the right direction here... I have done some work during the financial year 10-11, but I am pretty confident that I haven't earned my full personal allowance, yet have been getting taxed. Now I know you can get a refund on overpaid tax, but I am not sure how you go about it. I rang…
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tax rebates
Hi all I have recently made a claim to my tax office to reclaim tax that i have paid on my professional subscriptions. They have just sent me a new tax code to repay me the £1204 they have owed me from the past 6 years. I called them today to establish if they could pay me this money by cheque as a lump sum but i was told…
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Tax refund help...
Hello, I have worked for an agency for just under a year in the same job. I did get a letter months ago saying my tax code had been changed, so I contacted my agency who said to send this form to the HR department which I did, and presumed it had been dealt with and changed to the new code. Anyway I had a problem last week…
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New tax code, confused!
I stopped claiming incapacity benefit May 2010 and started working 20 hours a week. Today I got a letter with my new tax code for 2011-2012 and in the section, "here is how we worked it out", it says; taxable incapacity benefit -£5261. (see note 2) which states; We have included an estimate of the benefit you are likely to…
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Self Assesment and Mortgage Deposit
hello all im 22 years old and self employed. In April i will be filling in my third Self assessment. Last week i moved into my first home. I am aware of how i can claim back certain costs with me working from home but can i also claim back a percentage from the deposit i put down? i put 19,000 down on my mortgage. 25% of…
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New Tax Code
Is anyone still waiting for their new tax code for the coming year?
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what can i write off as expenses?
it's my first year self employed, so could you lot please confirm what i can/can't claim for. so far i have: * work clothes * tools * car maintenance(parts, MOT, insurance, tax) * fuel * college courses, books for the college courses and exams is it possible to claim for my mobile phone bill? and do i have to apply a…
