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how much is the company car costing me?
Hi, thought I'd put this on as a new thread as it is unanswered at the end of another. Situation is........... tax code of K1289 ; personal allowance £7475 car benefit -£7680 fuel benefit -£5400 Underpayment restriction -£7296 total -£12901. As I understand it, this means that I will start paying 40% tax when I earn over…
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Capital Gains Tax
Hello All, If I'm making this post in the wrong forum, I apologise and perhaps someone could direct me to the right one. My wife, who is an Indonesian National and resident UK tax payer, wants to sell land she owns in Indonesia. Will she have to pay UK gains tax?
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When is council tax due?
Hi, I've alway paid by DD. But have realised I don't get any discount for doing this. If I was to cancel the DD for this upcoming tax year. When do I have to pay the CTax lump sum. Is it Anytime before 6th April 2012?
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Non-residence question
OK I know very little about non-residence status and a British taxpayers responsibilities once they leave the UK so I'd like to put on a question here for friends who emigrated in 2008. During the course of a converstaion with them a few days ago they said they were having difficulties with HMRC. Our male friend was…
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Self Employed, claiming for motering expenses.
Hi, I have recently started doing my own tax returns and find them more or less straight forward, How ever i have recently purchased a works van for £4000 with no VAT.. When i normally reclaim for motering expenses I claim a total sum of the money spent on fuel for the year, any maintenance, tax and insurance.. What i need…
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Back payment tax question
Hiya, My fiance has been on an apprenticeship for a couple of years and actually finished and qualified over a year ago. It's been a bloody struggle with certain people not doing what they were supposed to do (forms and signing off etc) but he has finally got his full contract and awaiting his extension contract for his…
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Employer not allowing us to access old expense forms in order for us to claim P87
At work we have been paid 35p a mile for some time, And we recently discovered we could claim tax relief on the difference, 5p per mile. However on asking out HO for access to the last 6 years worth of expenses claims forms we have been refused without reason. So the question is basically, can they do this? Or how can we…
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Tax refund help please!
I have just lost my job and I am due a tax refund (I have earned approx 6k in this tax year) so I am wondering how to go about this... I doubt I will be out of work long but I am going to put a claim in for JSA on monday. Will the jobcentre pay my tax refund? and when am I likely to receive it? I ask because I am going on…
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Jersey Tax - UK or not?
OK my friend worked in Jersey over the summer. She now has a new job in UK but is on BR code, so I am trying to sort it out for her. However, does Jersey go by UK tax system? She hasn't got a P45 from her jersey job so I am trying to establish whether she should have one (and they use UK tax system), or if they do use…
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P60's or not
I have had a very complex taxation year I was retired last summer - so am receiving 2 pensions from different sources Prior to this - I was on ESA benefits I also worked part time for some of this period However - I have received no P60's from anyone Can someone please confirm that DWP provide P60's ?
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Paying back tax if I don't earn enough?
Hi, Had a letter from HMRC 6 months saying I owed them £450 from underpayment of tax in 2008. Due to their incompetence and several letters back and forth it's taken a long time for them to figure out how I'm going to pay it back! I argued my case a bit and said I could pay it back over 3 years. I've received a letter now…
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Heavy Handed Revenue Compliance Unit
Just over 3 years ago I retired from the NHS. At that time I received a substantial sum for arrears of pay going back 10 years. Before receiving the money I contacted the Revenue saying that I thought it unfair should I be taxed at the high rate, as if it had been earnt in the one tax year, as most of the money was due…
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Child earning under £1000?
Quick Q. If an 11 year old child earns under £1000 p/a, is this taxed and is it necessary to inform HMRC? oh btw, this is not employed income but as a hobby a mobile phone app and just a bit of income from that, maybe £10 p/w, maybe more who knows.
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Business Miles - Tax Allowance Carry Over?
Hi I have completed a significant number of unpaid business miles this financial year (roughly 5000). Next financial year, I will complete a good number of business miles, but paid iro 60p per mile. If I am allowed by HMRC a rate of 40p/mile on the 5000 miles I completed this year (£2k), can I carry that over against…
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Code 77L Horror!
Am a bit confused at why my dh tax code is 77L. Personal Allowance 7475 Car Benfit -5400 medical insurance -45 underpayment restriction -1255 a tax free amount of £772 A lot of money coming off every month apparantly he will only earn £64.33 a month and the rest will all be taxed.
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Tax Refund Scam
Just be aware that you might get an email stating you are due a tax refund. In mine there was a 'get started' link which will probably ask for bank details. Now, it is not even the end of the tax year yet (ends on 5/4). The email is quite well written so be careful. HMRC will never send notification of refund by email…
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Understanding Tax
Hi, can anyone help me understand Tax payments please? New tax coding has come through and after car benefit, car fuel and underpayment restriction I have a figure of -£12,901 making a tax code of K1289. Does this mean that I will pay 20% tax on all my earnings up to £22,099 (ie first 35k less £12,901) and then 40% on…
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Income Tax Refund
Bit of a bizarre question, apologies if it is in the wrong place so please move if need be. Is anyone able to describe to me the envelope a rebate cheque comes in? If memory serves it is your average brown (A5?) official looking envelope, but does it have a specific address or markings on it? Thanks :D
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Will March earnings fall into the old or new tax year?
Hi, I get paid my March earnings on 7th April. Does anyone know if this will fall into the previous tax year (when the money was earned) or the new tax year (when the money is actually received)? Thanks
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P60 and wage slips don't match
When I started my employment 10 years ago I was full time. 2 years ago I was able to negotiate having an extra 20 days unpaid leave per year. My wage slips each month show the full time rate, then another rate with the 20 days unpaid deducted (pro rata). I only pay tax/NI on the reduced amount. My P60 is showing the full…
