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p60 query
Hi guys, In the last tax year i did not break the personal allowance barrier. I started working in early march and got my first payslip on the 26th of march. My question is my p60 only included this amount and did not include the days i worked after (so from 27th to 5th April). Surely these days should be included in the…
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laundry allowance
hi all i am a coach driver and have been for some 25 yrs my employer provides a uniform for me to wear what i want to know is as i have to pay for washing dry cleaning ect can i claim anything back from the tax man thanx john
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Inheritance tax - payments for child
If a parent gifts money to a family member it is subject to a 7 year period during which the gift will be disregarded when calculating inheritance tax. What about if the parent pays for a child's university tuition fees? ie pays the bill rather than transfers cash? I see a broad range of grey areas here - eg buys the child…
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Self employment - claiming expenses
I would like some advice about self employment. I work for a property company in London and live in Sussex. If i became self employed would i be able to claim my travel expenses to and from London when I do my tax return. I work in various locations around London looking after differant properties , carrying out repairs…
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Reclaiming National Insurance on expenses
I am a contractor, and have been saddled with a BR tax code for a while now that no-one seems to want to take responsibility for changing (i.e. I do everything asked of me but it never changes). At the end of the year I reclaim any tax owing to me and all is well. There is a problem though -- at a previous assignment I…
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Lower my council tax band due to new shop?
Hi, I moved into a new build about a year ago. It is a row of 14 terraced houses. I unfortunately missed the 6 month window to contest my council tax. I am down as a band E, but believe I should be a D. A new mini-supermarket has now been built at the end of our road, closest to House 1. House 1 and 2 are banded as C, and…
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Profits,working tax and capital allowance
Looking for a little bit help with a few questions i have please.I made £15768 working self employed as a builder,had expenses consisting of £2170 consisting of mileage and insurance.I also have tools to the value of £270,am i rite in thinking that i need to deduct the expenses portion to find my profit amount?This is in…
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297L Tax Code
My husband is retired and in receipt of an occupational pension, and also claims carer's allowance. When he realised, some 13 months after his claim began, that the carer's allowance was taxable, he rang HMRC and told them. They were fine about it and said they'd just alter his tax code to recover the underpayment. He was…
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Tax refund query
This is probably a very basic question, but....son number 1 works supply type work where salary varies every month, but overall stays below personal allowance. No probs last year, but this month (end of May), salary higher, so has been taxed. Highly unlikely to happen again, and should stay below threshold all year. So…
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Capital gains: what happens if you move out and then relocate for work?
Hi all I have a flat which I am considering renting out from Sep 2011 - Sep 2013 as I have quit my job and gone back to university. If I do that I'll save about £2k a year in living costs. But I am concerned about the impact of capital gains tax. I would like to move back into my flat in Sep 2013 but I may not get a job in…
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Tax free pension pay out
Hi I have been granted a occupational pension from a previous employer at the age of 45. Part of the package was a tax free lump sum. I have been told that I dont have to tell tax man about this. However, I complete a short Tax return every year and it mentions receipt of a lump sum from employer or previous employer. What…
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Tax
Hi all,hope I'm on the right forum,I just wondered if someone could do me a quick calculation on the tax that I pay monthly,my monthly income is £1014-61 which is my state pension plus my company pension I am retired ,75 years old and no other income,could anyone tell me approx,how much income tax I should be paying out of…
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Why am i on Tax code 52T??
Hi I was wondering if anyone could tell me why my tax code has changed this year...i have been at my current job for 18months and in Feb this year i started paying into a company pension (4% of my pay pa). I earn 22K pa and last year my tax code was 647L. I got a PAYE notice telling me they were changing my tax code and…
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40 % Tax Threshold, what can i earn?
Hi, please clear up my confusion, i see sometimes the figure 35k, then other times 43+K. I am guessing that this is the 35 + tax allowance? Anyway, my situation is this, i earn £36,120 per year, i salary sacrifice 6%, so my official salary is £33952.8 ( i am guessing?). I have a company car, and my tax code is 297L. What…
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Severance pay again and tax
Many thanks to the previous answers on this but can someone help on the question below. How much will I be able to earn this year before I start to lose my tax allowance (£100K threshold) if I have already received £50K in severance pay (gross pay was £80K minus £30K tax free) and receive a pension of £15K per year. I…
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Which Tax Year?
My OH has recently changed jobs and will be earning less in his new job and will no longer have a company car so will (eventually!) pay less tax this year than in previous years. His previous employer have delayed bonus payments to all employees due to cash flow problems. They are going to be paying a performance bonus for…
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Employer will not provide p45 or p60
Hi, I am due a tax refund of approx. £800 and I left my employment on 10th April this year. My old boss is a bit of a cowboy and despite all my pleas via email and letter he won't send them, What can I do to get this refund?
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Find my local tax office....?
this is a really daft question but i'm utterly confused. i need to contact my local tax office about overpaid tax but the HMRC tax office locator keeps giving me odd answers. i've worked for two places (within greater london - only, not a national company) this year and when i put their PAYE references into the search…
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Claiming Tax back confusion
Hi all, So here is my query: I was not working last year until I began work last July my gross wage is £17k per year this works out at £1223 per month excluding tax. I have been paid approx £9784 for tax year 2010/2011 and I have paid £1600 tax. I am due any tax back? Thanks in advance!!
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Tax amount query
I have received my first months pay for this tax year and I am worse off by around £80 per month. My tax code increased from 963L to 1060L, using my logic I am assuming I can earn more before I start to pay tax. I am therefore wondering why my tax in the month has gone up from £445 to £518 with a slight increase in…
