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Council Tax Single Person Discount if Fiance living on abroad for a few months
Hi, my (now) fiance and i have been living together for the last few months but unfortunately her working visa expired and she how now moved back to her home country to sort a few things out until the new year and while we apply for a fiance visa so she can get back into the country. I wrote to the council to tell them…
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R85 Help
A relative of mine has a tax allowance for the current year of £9440. Her state pension plus her company pension comes to £9014 which takes her out of paying income tax. She has a couple of savings accounts which she pays tax on. Looking at the R85 help sheet it says to add all your gross savings interest together. If she…
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Help for mother in law please....
Hi Guys Everyone has been helpful so far with info for my mother in law in other aspects so hoping someone may be able to help here. Background: MIL works seasonally but this year 2012/13 she has worked consistantly except for six weeks in jan/feb when the shop was closed but with a bit of careful budgeting and a bit of…
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Business rates and getting them reduced
I work for a company in central London. We were occupying a floor in a building where the business rates were paid by the landlord. The terms of the lease changed in 2012 and we are now liable for the business rates. The business rates we now have to pay are nearly equal to our rent! I would like to get these reduced as I…
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Overtaxed in April - PAYE
Hi, I did a post over in the employment board, however it was suggested I also posted in this board (probably more appicable here). Here is the issue:- I recently joined a new company at the end of February with my first wage payment due a few weeks after that (had this confirmed by HR). However it was not paid correctly…
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Non tax payer - do I need to declare savings interest?
I know that as a non taxpayer I can fill in an R85, and I have done, to have my interest paid with no tax deducted. The reason for my question is that my pension is £2600 a year (will get State Pension from September of around £134 a week). I have around £40K in savings that would normally have the interest taxed. I also…
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CIS pay company fees
I have worked for a few agencies last tax year and they use payroll companies. This means every week I pay approx £22 to them for processing my wages. The company you use is usually decided by the agency you work for. One company I have used deducts the admin fee after tax is deducted. The others deduct the admin fee from…
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Tax Code Change
Can anyone explain why my tax code has just changed from 810L to OT and I have paid around £400 more tax this month, with no change in circumstances - no tax notification, pay rise etc?
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CGT and company share save scheme
Hi everyone - I'm due to make a gain of approx £40k from a company share save scheme in 2014 and would like to know the most tax efficient way to use the gain to pay off some of my mortgage. My thoughts on this so far: 1. transfer £10.6k worth of shares to my wife and she then sells the shares with no CGT 2. I sell £10.6k…
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Messed up bad with tax returns. Need some advice
So, through my own stupidity I'm in a fairly large pickle... I'm a non-resident who is renting out a small flat in the UK for the last few years. I'd assumed that my parents, who have been managing the place, had paid the tax on it. Turns out they haven't... So, deducting the mortgage interest but nothing else, I'd say…
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Self Employed - Bad Debt Tax Reclaim
Hi All, I have spent a fair amount of time searching this forum and others to try and get an answer and I'm still not too sure. I used to be self-employed and have an outstanding invoice from the 2010/2011 tax year for ~£500. This was included in my tax return and I paid tax on it. Chances are I'm now not going to be paid…
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Tax underpayment made to look as salary overpayment by employer. Helppp plesse
My employer is claiming that he has overpaid me and is harassing me for £1300 that represents the sum accumulated over 3 years. However, when I am checking the reconciliation he sent me, I can see that that amount he is asking every month is equal to the amount of tax I was supposed to pay for the month. For the record, he…
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Am i Due a rebate?
Hello, I left employment in December 2012. I was claiming JSA upto April 2nd 2013. This is the first time ever I have looked into a rebate. from what I have looked up on the net, and from my P45 when I left employment, I am due a few hundred pounds. Can anyone advise and confirm if they believe I am correct? tax code: 810L…
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Short Stay in UK working
Hello, I live here and have national insurance number and be registered self employed. My friend wants to visit for just a few months and work with me, earn some money then go home. She is Latvian (part of eu). Does she need national insurance etc? or is there a way for short stay workers?? I can't find the answer…
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Offsetting capital gains tax
Hi can anyone advise please? I own 2 properties and am in the process of selling one of them, a flat. We have never rented this property out, it is our second home. Over the 10 years we have owned the flat we have had to pay a considerable amount towards a new roof, alarm system etc. From what I can gather, we can't offset…
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First time tax return
Hi This is the first time I will have filled a tax return in online and have a few questions. I became self employed in June last year sub contracting to a croofing company. He pays my tax for me. I have just filled in my tax return and when it got to the calculation it is saying: Total tax, Class 4 NIC and Student loan…
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middle aged marriage with two homes - selling one Capital gains?
I was a single 50 year old house owner who 4 years ago married a single 53 year old house owner. We have now been married nearly 5 years and wish to sell my old house which is still in my name (my wife's is in hers) I do not have a mortgage on my old house, but do owe my father a loan used to buy it of £60,000 (One of the…
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Tax on front-loaded PAYE bonuses
Question on PAYE tax for bonuses paid at the start of the year. We've received our bonuses for last year with our April monthly pay, but looking at the figures the income tax has been calculated based on: Annualised figure = 12x April pay (including bonus) Income Tax estimate for full year based on annualised pay Income…
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2012/2013 tax return for new self employed
I have recently gone s/e and so am now thinking about having to submit my 12/13 tax return. My gross earnings from April 2012 - March 2013 was £37073 I 'think' I understand the tax implications but wanted to double check. Am I right in assuming: a) I get tax relief on the 1st £8105 b) I get taxed at 20% up to £34370 (ie…
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Removal from SA
I was on SA last TY - For various reasons - this TY, and for the forseeable future, my income is fixed and I wish to return to PAYE I emailed HMRC through the usual message system and received a response "use our webmail to contact the self assessment helpline direct - giving your details" Try as I might - I cannot find…
