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Am I Self Employed?
Hopefully someone can provide me with some helpful advice regarding my tax affairs Here is my situation. I currently live and stay in America but I work for an individual in the UK and so this is where I need to be paying taxes. I receive a monthly payment into my bank account in America for my services as a personal…
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spreading out overtime claims ?????
Hi, I was wondering if anyone could answer this, I work a fair bit of overtime , and it is up to me to input my claims for OT online, But some months I do loads, and other months not so much, so my question is , if I input OT during one month where I get a lot and the monthly income prorata takes me over the 40% threshold,…
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CGT Hold-over relief IHT PET?
Hopefully not too many acronyms in the title. Can someone confirm or deny my thinking? I think that gifts of residential property (normal dwellings rented out unfurnished) are not eligible for hold-over relief from CGT when they are potentially exempt transfers for IHT purposes? Is my understanding correct, or is there…
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Tax relief on company car petrol expenses
I was wondering it anyone could advise me please, I have have had the use of a company car through work for the past 14 months. The fuel I consume gets charged onto a company Allstar card then every month I have to submit a company expenses form to detail the Private mileage I have undertaken in the previous month then…
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inheritance - a sticky situation
my father died a while ago and my brothers and i are wondering how to sort out his estate as he did not leave a will. he was divorced when he died and left an estate worth over £325,000. my dad was fortunate enough to have disposable income which he invested, over the years, in the stock market. he would purchase shares in…
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Tax Refund
How to find out the status of refund?
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Advice needed please
I have been off sick with fractured ribs, I did return to work for a short period but ribs keep cracking. I returned to work for 5 days of April, the rest was sick, when I checked my wages in bank I knew they were several hundreds of pounds more than they should of been, I collected my wage slip from work and still could…
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Help with a US IRS tax rebate
Has anyone out there claimed back tax deducted by the US IRS under the foreign withholding tax - I'm trying to claim back some money deducted from a bequest made by my grandmother and they are asking for my original passport as proof of ID I have read its easy to sort but cant get past the first hurdle
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Income tax on incentives for opening bank accounts
Hi Are incentives for opening current accounts (e.g. £100) classed as income when calculating income tax? Thanks.
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Cash gift from overseas parents
Hi all, In last couple of years whenever we went over to my parents house (they live Turkey) they generously gave cash gifts. The total of these gifts are around $20000 and €4000. The money came out from their bank account in Turkey and it's 100% legit (it's from their savings and can be proved if necessary). Initially we…
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Tax relief
If I am paying money into my own personal pension scheme is that classed as a tax relief in a self assessment tax return ?
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Tax / MMRC When Working Abroad
Hi I am currently working in Germany at present and paying German taxes. Do I have any responsibility to advice the UK HMRC? Is there any benefit of contacting them - or legal reason.? I do own a property in the UK as I frequent it once a month, plus a mortgage and a bank account also in the UK. This is a temporary…
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Sole Trader - Employing your spouse
I am a register sole trader (expert consultant). My wife and I both have company pensions. On both pensions we pay tax via PAYE. She pays income tax at 20% and I pay at 40% and in some years I earn a total of £100-105k from pension+savings interest+business profits. I want to employ my wife and pay her £100/week for her…
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Gift Aid on Self Assessment
When they say "Gift Aid Paymens made in the year" and "Total of any 'one-off' payments included" - what the frig do they mean? I made several (fairly small) donations during the year, and always ticked the Gift Aid box. Do I enter the total amount I donated? If so, inclusive or exclusive of Gift Aid? Or just the Gift Aid…
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Second Job
I've trawled the site and the forum and can't see this actual question explained but forgive me if I've missed something. I have a part time PAYE job that takes me over the personal allowance so I pay tax and NI. I'd like to work more hours for a second employer although I'd only make an additional £50/week (approx) so…
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Tax on Additional Property Rented Out
My wife and I own a property which has been rented out for a few years. The net profit is usually about £6K per year. On my tax return I typically half all the numbers to show a personal profit of about 3K per year. We have been separated for over 2 years now, and we are going through a divorce. Prior to the 2012-13 tax…
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tax letter in unknown name -advice needed-
hello everyone i would like some advice, i stay in scotland today i receved i letter through the post that i opened by accident addrest to my home but in someone elses name, the letter is from walkerlove (messenger-at-arms,sheriff officers ) in reference to council tax that has not been payed by this person, and stating…
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Claiming Mileage
I was recently employed as an admin assistant for a care company. The main part of my job I was working in the offices but I also worked both before and after office hours as a carer. (for the same company). I also worked on weekends - basically I worked 7 days a week. I was paid £8 per hour - whether I was based in the…
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how much tax?
Hi all, At aged 55 I am going to be taking early retirement with a pension of about 15k which obviously will be taxed and NI etc, If I supplement this with a Part Time job how will I be taxed on this? because my tax code and allowance will be taken up with my pension I presume. Thanks for any help S
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Self assessment form
Anyone know where I can request the hard copy Self Assessment forms from, they have usually sent them out by this time of the year. I realise they probably won't sent these forms out automatically, due to electronic filing. I won't be doing it this way Thanks Paul
