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Car Allowance for Self Employed??
Hi, I am a self employed franchisee, and am unsure as to whether I can claim for using my car or not. My accountant has told me I cant claim the 40p mileage allowance because im travelling from home to fixed place of work, however I must be able to claim something! I need my car to transport all of my work stuff to the 3…
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Tenants in Comon - BTL
My wife and I are in the process of purchasing a Buy to Let in addition to our current house. One of us is higher rate taxpayer, other is basic rate. The funds for the deposit will be coming from a joint account but the mortgage will be paid by the basic rate taxpayer although the mortgage is in joint name (due to BS rules…
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Council tax
I live on an unadopted road which has to be repaired by each homewowner on our street and we have limited street lights. We also have no connection to main's sewage. It costs us approx £100.00 a month to empty our cesspool. Can anyone help me I am trying to appeal my council tax band increase from C to D. Has anyone had…
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Discretionary payment from pension
A relative of mine died recently and their pension company made a discretionary payment of a substantial amount equal to the non-protected rights part of the pension to the deceased's nominated beneficiary. The amount was tax free and did not form part of the deceased estate. I don't fully understand how a payment can be…
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Being outside the UK
Hi there, I have a query that I have been unable to find a solution too. I work for a UK company, paid by a UK company into a UK bank, but I work overseas and I have done so for the dates below. Mallorca - April 2008 - November 2008 Lanzarote - November 2008 - April 2009 Portugal - April 2009 - October 2009 Lanzarote -…
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Gifting home to avoid inheritance tax?
Can we avoid inheritance tax if my parents gift me their home (and survive 7 years), remain resident and pay me the market rate rent from their pension income?
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£100 Penalty
I stopped being self employed in April 2009 and completed my last Self Assessment return on line for that year. I have since been employed and paying paye. I have now been asked to fill in Tax returns for the past 2 years which I have done putting in my pay and tax from the P60. Now I have a bill for £100 for filing late…
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More tax man meaningless mnemonics
Hi tax specialists, I have received a reply from HMRC (wow), it contains the mnemonic "CAR". In an effort to understand what is involved, I have searched the HMRC site and got 6 screens filled with matches. Like the queries on this forum, there are lots and lots of references to a rectilinear steel box, with a wheel at…
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Is inheritance tax payable on education?
Hi everyone, Hope you can help. My mother-in-law has recently past away and her estate is being calculated for probate. She very kindly, over the last two years, paid to put our son through private education as he was having problems at our local state school. Probate is being sorted out now and the two executors are my…
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paid too much tax last year - when will it be paid back?
Dear all I'm asking this for a friend who found herself on BR tax code for part of the 10/11 tax year. She overpaid tax (not sure how much exactly, but a few hundred), which was fine - that's the system, but she hasn't had a rebate. She took her papers to the tax office in early June and they told her they didn't need to…
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Help Reg council tax mess
Hi, I use to stay in Edinburgh before 2 years ago (until aug 2009) and cleared my name by paying the council tax and moved away to London and staying with my brother family. Now all of the sudden Edinburgh council has sent a council bill for the year dated from April 2011 to march 2012 it seems for current year which…
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State pension and tax
I collect my state pension in November 2011 aged 60 and 10 months due to the sliding scale bringing women's state pension age into line with men's. In January 2013 I collect a small LGPS pension. This will take my earnings to £9000 approx pa. I noticed on the income tax allowances (for this year) that people under 65 get…
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Capital Gains Tax, Domicile, and the 3-year rule
Can anyone tell me if the 36 month relief for a Primary Residence is still claimable for the owner of a property, who now wishes to transfer (as a gift) that UK property to a child (living at that property) when the owner moved abroad 24 months ago and rents a small flat there? This is possibly quite a common situation for…
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Another CGT question
My Dad passed away several years ago. Any savings Mum+Dad had were in joint names but they had little money. They had a house that they bought together but the deeds have always been in Mums name only. When Dad died the will left everything to Mum. I want Mum to live forever but failing that Mums 'worth' may well be…
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Capital gains tax question
Hi, Please could someone help? My question is this.... If one of my relatives or family friends gave me some money to buy a house to help me get "on the ladder" so to speak, would I be liable for CGT? It will be my only home and I wont be renting it out. Thanks
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Redundancy payment not made into pension
I have just taken voluntry redundancy from a large Bank and requested that a certain amount of my package (Everything over the £30K tax free) be paid into my pension to keep that money tax free as well. It was all agreed but upon receiving may payslip today they have paid me the full amount and I have paid a huge amount of…
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SELF ASSESSMENT - LATE TAX RETURN (had temporarily moved out of the UK)
Hi, I have just received Self Assessment - Late Tax Return : Penalty Notice from HMRC. I had read through some of the threads on this topic, but I my situation is a little different and hence I am giving the requried details. (1) I worked for an UK based employer from Aug 2004 till Sep 2009. For all these years, my…
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NHS Regular user, mileage and tax
I'm a district nurse using my own car to visit patients. I get 0.3690 per mile plus a regular user monthly payment of £52.17. My tax code has just changed to 725L from 729L, apparenlty because of 'taxable expenses payments' of £580 as per my P11D. Am I correct in thinking that milage shouldn't be a taxable benefit if the…
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P46 - Student Loan Box
OK so I left my course couple of months ago and about to start my job and filling in P46. The student loan box states: OK so obviously I am not going to tick the box.... but how will they know next tax year to start taking repayments?
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can i appeal council tax - living in horrendous conditions?
Hi Everyone, I wanted to know whether anyone can help me with appealing council tax payment. Myself and about 10 other residents have had to endure horrendous conditions in the alleyway that leads to our front doors for the past 4 years. The alleyway contains all the main bins from shops/restaurants on the main roads…
