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Heelllppp!!! Accountant in liquidation-no tax returns!!
:mad: As a lessee of a pubco I was obliged to use their preferred accountants, who failed to file (lost) my tax returns and I was fined £1,000. After months of trying to get this money reimbursed, I found out myself that the firm has been forced into liquidation by a creditor. I contacted the Liquidator and was told that…
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Phishing Emails - Tax Refund
It's that time of year where there are a lot of phishing emails floating around asking for details so you can receive a refund. I've just received a rather convincing one which didn't get picked up by my spam filter (unusual for this kind of thing) so thought I'd post a link to the HMRC guidance surrounding emails,…
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self employed for 2 weeks now employed UTR?
hi OH was on jsa for a year then offered a job as self employed for the 3 month trial. he did it for 2 weeks and it wasnt going good, then was offered another job employed with a different company, so left and started employed position, anyway now his former employer ( he was sub contracted electrician ) says he cant pay…
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Multiple Tax Codes-Tax Overpayments
I have five tax codes annually for separate pensions and have had problems getting HMRC to divide them up properly however I can now say the tax codes for 2011/2012 are now sorted. I have overpaid tax for 2010/2011 by approx £150 because they kept changing codes as I requested they look at them but want to know will HMRC…
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A little help needed
Hi all Hope I'm posting in the correct area. I need a little bit of clarification as to the rate of tax I could end up paying next year. At present I earn under £35K but with (enforced) overtime I earn over £35K. So at present I'm paying tax at 20% up to £35k and taxed at 40% for all earnings above £35K. I hope I've got…
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Made a website - Can I claim my laptop
Simple question really. I am self employed. The company I work for asked me to make them a website which I did. I bought a decent laptop to do the job with. Am i justified in claiming the cost of the laptop against tax? Thanks
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BR Tax Code
Hello, I have been working full time as a teacher since Sept 2009 & it has only just come to my attention that my tax code is BR which I understand is a completely wrong code (I had 2 part-time jobs at uni before I started teaching so not sure if this is why??) Don't think I ever gave my P45 from those 2 jobs when I…
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P60 figure in a big blue box?
Under NATIONAL INSURANCE CONTRIBUTIONS IN THIS EMPLOYMENT it has various columns for earnings in each category of earnings limit/thresholds etc, then there's a big blue box with a figure in it but this columb has no description for what it is above it. Then there's the 'employers contributions due on all earnings' column…
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Tax on Bonuses
Hi. I have searched this forum but have not been able to come up with an answer for my query. I work for a company which pays me £x amount salary each month. Then depending on our targets, we also get a bonus each month. Does anyone happen to know of a calculation that I can insert into my budget spreadsheet to be able to…
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Business Record Checks
Just been reading about this new initiative which has started this week with 1000 letters going out. Is this as a result of risk assessment? What is the general view of who they will concentrate their efforts on! Given there are 4.8 million SME's in the UK 50,000 check a year is only just over 1% so I guess they must be…
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Changing tax code during job change + mileage allowance question
Hi All, I'm sure this is simple, but to be honest, tax is one of those things that I've just kind of accepted over the years without delving too far into it. I'm changing jobs at the end of this month - I'll get paid a whole months salary from Apr, and then I'll start my new job in May which does make things slightly…
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Self employed and PAYE in same year
In 2009-10 my son was self employed, we filed his tax return online [no problems]. From April 2010 till September 2010 he was self employed till he started University. We notifiied the tax office that he was no longer self semployed. Whilst at Uni he has got himself a part time job where he is PAYE. We know he has to file…
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Tax Query - Please help
Not sure if this is the right place to post. I hope so. I have been asked to pay back to HMRC about £800 for the 2007/8 year. Back then I had a pension pot whereby the scheme closed and I was offered the choice of either moving it to another product or taking a lump sum. I took the lump sum. At the time I didn't pay any…
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National Insurance help wanted.
I'm currently a student and so I only work during the holidays (easter and the summer mainly), but during these times I work full weeks so I often make over the £100 or so needed each week in order to pay national insurance, but because it is only for a few weeks a year can i claim this back like I can with normal tax?
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Some Basic Car Allowance Questions
Hello, This is my first question on the forum, but looking at other posts it seems that replies are full of good information --- so here's hoping. I've been living and working as an expatriate (abroad) for something like 18 years and am finally moving home with my family. If all the negotiations work out, I will be coming…
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CGT on Share sale
I had some ITV shares I received when I was in an employee in the early 90s which I have recently sold for a £700 profit - no other shares sold in 2010/11 period or gains or losses. I'm currently on PAYE. Do I need to complete a tax return for this?
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Income tax on bonus
I Have recently been informed that i will be recieving a payrise and a bonus due to the work i have done over the last year which is always good news. I have a question though. My salary is being increased to £25,000 and i am to recieve a bonus of 2.5k. How much will i recieve bonus and if i recieve both salary increase…
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Are WTC Renewal Forms being sent out this year?
I've not received the above this year yet. Anyone know if they are being sent out as normal? I seem to remember receiving last year's March time.
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Business Miles P87 or Tax Return
Hi, I need to claim tax releif on my business miles (difference of 28p) for the 2010-2011 tax year. I am currently doing my tax return so should I claim the business mileage in the retrun or use the separate P87 form? Axel
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Lump sum Statutory Maternity Pay and Tax
Hi, I am just about to finish my 1 year contract with my current employers and this means I have to start my maternity period mid May. Because I qualified whilst working with them, my company are paying my Statutory Maternity Pay (SMP) in one lump sum in my final pay in May as I will no longer be employed by them. I will…
