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Tax Underpayment P800 advice needed
Hello I posted this on HotUKDeals, just pasting here, as any advice I can get is appreciated, thanks! Hello, just need some advice if possible please. Here's the situation, it's quite long to explain so please bear with me I was working one job, job A. Job A I was working about 15-20 hours a week getting approx £200. I…
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Tax Code Problems
I have been in my current job for 11 or 12 years. I used to get a tax rebate every year through my wages except for the last 2 years . In December last year I received a rebate covering the 2 years, in the post, I had not applied for this or contacted the tax office. I expected the tax office to rectify my coding in light…
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Company Miles versus the Tax man
I am an IT consultant working for a small company. Over the last year I have been working at one particular customer which has meant that I need to stay away 2 or 3 nights a week in a hotel that is located 10 miles away from the customer I am visiting. After a tax visit to the company I am employed by the tax man is asking…
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Ebay tax if retired
If someone is retired, and is selling items on ebay which they have bought at a car boot sale and are selling at a profit (from what I've read they are technically a trader) - and they are making a profit of less than £2,500 pa. Do they therefore have to register with the tax man? or as they are retired (and only have…
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Implications Of Keeping A Company Car As Part Of Redundancy Package
I was recently made redundant and received a tax free cash settlement of less than £30k As part of my severance package I also negotiated to keep my old company car, for the remaining 2 1/2 years of its lease I now have another job, paying a car-allowance, on which I pay tax at 40% Can anyone advise if there is a tax…
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Fine from tax office
Hi, My OH has recently had a fine through for £100 from the tax office for not filing a tax return.:mad: As he has been employed for 4 years now, we thought that all this was sorted last year. We did not receive a tax form this year to fill in, so thought nothing of it. Anyway, he received this letter saying as he hadn't…
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Please explain income tax
Hi there, I feel like a right eedjit asking this but I can't find out how a payrise would effect me. To explain, I may be getting a payrise that would take me over the £42500 basic rate (just) and I'm getting conflicting advice that this would leave me worse off each month. Would I be paying 40% on all my income or just…
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Council tax...
Okay since most of my life has been spent living at home i've never had to pay it before. Got a letter today saying we need to pay from april and a bill is on it's way. We currently have a 4 people house 2 workers and 2 students, do you think we will get a discount?
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Reclaiming Import Tax
I'm currently on a ski season in Switzerland and wanted to buy a pair of skis, but the prices in resort are ridiculous so i decided to buy from an online store in the UK. The store i bought from was FreezeProShop, and the total bill for skis/bindings/mounting was £470.00. This included the UK VAT at 20%. I have just been…
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Salary Payment Date And Tax Year
Let's say you start a job in late March 2011, are paid monthly, but don't receive your first pay until towards the end of April 2011. Does that income count as 2010/11 or 2011/12 income, or pro-rata'd, for tax purposes? Just curious. Thanks.
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advice on p87 form
i recently heard from a friend i couldclaim back my bussiness miles, i am an employee of a home care company and have to travel to clients house. i get no help from my emploer for fuel costs. anyway i have just filledout the forms for the last 3 tax years (07-08, 08-09, 09-10) 2 of the forms the total amount was just over…
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Confused about tax/NI - working two jobs
Hi, I'm going to start work on two jobs, and I'm confused about how much tax/NI I will be paying. For my main job, I will be paid £1250 gross a month, and for my second job I will be paid £832 gross a month. I understand that I will be charged the basic rate of tax for all that I earn in my second job, which I'm fine with…
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Quick Question re Council Tax for over 70's
I've just been looking at my parents council tax benefit letter and am a bit confused. The booklet they received with it has a grid guide which says a couple aged 65 with max weekly income of £353.77 can claim, the letter they've received works out their income to £326.24 however it then says this is higher than their…
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Unexpected tax refunds
Hi Wonder if anyone offer any advice? In the last week, I have received 3 letters from HMRC notifying me of tax refunds I am due for 2005-6, 2007-8 and 2009-10, totalling about £4k. The third one actually had a cheque enclosed. All of this was unsolicited and completely unexpected. While this was a lovely surprise, I would…
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NHS Mileage - welcome to bizarro land
My wife works for the NHS and travels a fair bit, she's been told by some of her colleagues that she can claim tax relief on her mileage expenses. Looking through her payslips there is an unclear breakdown of mileage payments, and from what I can see they are taxed as income. The payments come in under the headings: reg…
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Re-gifting - Tax evasion?
Hi all, My father owns a Buy to let proerty he now needs to seel to pay of the mortgage on his primary residence. The profit would be about 40k after the 10100 CGT allowance has been removed. I am one of 4 siblings. Can he 'gift' us a proportion of the property by putting us on the deeds, making the proportion less than…
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Investment Bonds, tax liability.
This one isn't particularly straight forward although I will try to keep it as black and white as possible. I inherited some investment bonds which I plan to surrender and use as capital towards my house purchase this year. The initial surrender value as of October 2010 was £104,932. This is split up over 9 bonds, 3 of…
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Tax Rgistration
Currently pay tax through the PAYE system Employer has advised our jobs are at risk so I am trying to research in advance just in case the job goes. I believe for self employment I need to register for a self employed number Is this just for sole traders or do those opening as a ltd company need to register as well Thanks
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P800 2007-08
Hi My wife has just received a P800 letter stating that she has underpaid tax of £491.01 for 2007/2008. During that year (August) she changed jobs & supplied her new employer with a p45 from her previous employment. Looking at her payslips from her new employer it is clear that, although they have used the correct tax…
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Tax bill help!
Sorry if this is a tad long. I'm totally confused and not sure how to deal with this. I have recieved a few letters for hubby from HMRC saying he hasn't paid enough tax. I am in the process of getting his P60's from his employer to check tax codes ect. Just a bit of background, hubby is on half sick pay from his employer…
