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Self Employed, Earning less than £5,000 a year.
Greetings! Having just finished school, I have decided to undertake some property maintenance work (painting/cleaning/gardening) for 2/3 different people within my local area. I have agreed to work for £50 a day + materials cost. I have recently (last week) declared myself self employed. I have a few questions for you…
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Tax Return and Student Loan
Hi I was wondering if you could help me. Last tax year I earned £19000 as a teacher and £8000 through my Ltd company in in dividends. I have two student loans one taken out 1992 and one in 2006. Anyway last year I didnt get any money deducted from my salary as a teacher for student loan repayments. To be honest I didnt…
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Paying Council Tax Late (first time)
Hi I have had a change of job meaning that when I get paid will effect my financial situation for the coming 2-3 weeks until I am paid. In turn this will mean my council tax owed this month will not be paid on time - but I am going to pay it as soon as I am paid on 25th Nov. My question is will I get hit through the teeth…
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Overpaid National Insurance
I often have a problem with overpaid national insurance in a manner which I haven't seen mentioned much anywhere - it only affects low paid or part-time workers with erratic earnings but maybe someone could help and add any thoughts? I have to submit monthly pay claims for my job as a researcher. These usually fall just…
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New to the forum and need of some help
I stumbled upon this job a few months ago (found it again after a long search) I used to be a dustman for 2 years I worked there 2 years ago where I wore a uniform but never claimed for expenses to wash it I also used to ride to work on a personally owned cycle are there there any tax rebates I can claim for washing the…
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Any nurses reclaimed NMC fee for last 5 years? Help pls
I am trying to help my mum reclaim this along with the uniform washing allowance etc. She doesn't keep her paperwork very organised so if any nurses could kindly tell me what the statutory NMC fee was for the last 5 years I would be so grateful. Many thanks :)
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Borrowing money from parents oversea for buying a house. Any problem relating to tax?
Hi, all, My situation is I am going to buy a house, and I have 1/3 of cash on my own. My parents agree to borrow me the other 2/3 such that I don't need to get a mortgage. My parents are not UK resident, they are living overseas. I wonder if I create any potential problem in future with the tax man? Thanks
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Self-employed tax help - please!
Hi, My partner started a little business in 2010 selling some electronic gadgets he makes in the garage. I told him not to spend our money on it - but he spent about £2K :eek: on buying materials and bits n bobs. I've helped him go round giving out leaflets and getting a website. He's never sold anything!!! The business is…
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Self employed, supporting partner and confused!
Hello I'm new to being self-employed, and working out tax returns and losses, etc. I've spent the last couple of days trawling through forums, lots of questions answered, lots more raised! A bit of background...* I get a rental income which amounts to about £12,000 profit (about half of which goes on capital mortgage…
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Are HMRC Ignoring Me or Their Website Doesn't Work??
Hi, I started going self employed back in end of May 2012, 6 weeks later I have, within the deadline (or I think/thought) have re-registered as self employed on the HMRC website (I say re-registered as I was self employed years between 07-09) and it gave me the option to tick to say I was self employed... after I…
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Stung by employer, Please help...
My partner has for the last approx 6 years had two employers her main fulltime positio nand a part-time evening care job with a local residentail home. It has transpired that the care home (2nd employer) hasnt allocated the correct tax code. Evidently this has meant for the duration of employment not enough tax…
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CGT Computation Working Sheet
I am filling in a CGT return and need some advice with the Computation Working Sheet. If for example I have a unit trust (Oeic) Accumulation units as follows 2010 Purchase 500 units £1000 2011 Reinvestment of Net Income 0 units £50 2012 Reinvestment of Net Income 0 units £70 2012 Sale 500 units £1300 Do I need to fill in 3…
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Council tax - this can't be right
We've been in our property 3 years and I checked when we moved in whether we could do anything to lower the council tax rate but it appeared we were in the right band (band E) . I know our council charge a bit more than many others but an article in the paper today has left me in disbelief. We have a 3 bed house and we pay…
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Reclaim tax for computer
Hi, Thanks to everyone who helped out previously with my last tax enquiry. I'm employed by a telephone calling company. My sole job role is to ring people up and ask them some survey questions. This is a job I do from home, although I am in a contract of employment with a company who provide me with work. My job *has* to…
