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Working from home
Hi, The wife works from home full time (she works as an employee for a telecommunications company). She was allowed to work at home having come to a mutual agreement with her employer due to child care commitments and has been doing so since 2009. I believe she is entitled to claim something from the tax people but we are…
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Google Play Commission
I registerd self employed, as a second income, to sell apps in the Android Play Store. For every app that is sold with the store, Google charge 30% of the cost of the app in fees. Is that 30% fee deductible in my tax return along with any other transaction fees?
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PPR relief
HI all does anyone know what happens in the last 36 months in relation to PPR and lettings relief if you are letting your main home out. Does it still qualify as occupation or do you have to claim lettings relief for the last 36 months?
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Capital Gains Tax query
Hi My husband and I sold a property a year ago. He had inherited it from his father in 2000 and it had been rented out until summer 2013. My husband is self-employed and has an accountant do all the books. He vaguely remembers the accountant muttering something about CGT when he last went over the books. Now he wants to…
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Capital Gains Tax - gift
Hi there, My mother has just died and my father who is the beneficiary of the majority of her estate wishes to gift her shares worth circa £120k directly to my brother and myself. As the executor I was going to transfer the shares into my father's name then with his authority gift half the shares from him to me and sell…
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Fleeting self-employment and tax
I was made redundant from my job on Friday. Prior to employment three years ago I was self-employed, but carried on doing a bit of freelance work here and there sporadically when I became employed and simply paid the 20% tax etc through self-assessment. I remember filling in the form to tell the tax office that my employed…
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Receiving land
It is looking as though we may be fortunate to receive land from a parent, with the hope of building a property for us to reside in. The land is part of their garden and currently houses their garage. As part of this we want to mitigate any exposure to tax and were wondering if there were any advice on the best way to go…
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X in tax code.
I have a part time job and am also self employed.The income from both for this tax year will be less than the tax threshold.I was given a BR code by mistake and when it was eventually sorted out I had already paid several hundred pounds in income tax.I would like some advice on how to get this money back. I have noticed…
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Roughly how much should we pay for an accountant?
Hi, Between my fianc! and I we have numerous sources of income (I have a full time job, she has her own business, I do some freelance work, and then on top of that there’s income made from stocks, p2p lending, bitcoin and shortly property too) and would like to ensure everything is properly accounted for in our tax…
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P87 - Only once in a Tax Year?
Hi, Do you have to complete the P87 form once at the end of the tax year or can you do it at various intervals during the tax year to cover various time periods within the year? Thanks.
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Capital gains tax mitigation
I'm in the process of taking voluntary redundancy. I accepted a decent offer which gives me around two years net pay in total including PILON, enhanced redundancy and payout of shares and options. I'm waiting to see how I go with finding new employment over the next few weeks and months but am just considering options in…
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Lump Sum Maternity payment can I claim tax back?
Hi all Really hope someone can help. I've been paid remaining holiday, last months salary,company enhanced mat pay and then rest at SMP in 1 lump sum. I'm taking 6 months off till June. However after tax & nat insurance, it's significantly less than I'd planned, I'm assuming as the lump sum paid in 1 month takes me into…
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Wrong Personal Allowance - Online Self Assessment Form
My online SA form has a non-editable personal allowance based on the standard tax code for 2012-13. However, I was issued with a different tax code for 2012-13 owing to some tax relief on professional fees. My own tax code (which I can even see online in the tax code notifications section) gives me a higher personal…
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council tax
I have just had someone round from the City Assedsors to check my property as I believe I'm in the wrong band , having checked the Nationwide valuation. However, he tells me that they do not go by that, but that you have to back to before 1991 and get rhe valuations then work it from there. Anybody any ideas?
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Employer pays b&b direct, do I have to declare as earnings? I'm self employed
Hi folks, I'm self employed and working away from home on a new job. I get 30 a night for hotel/b&b. All the other guys pay their stay directly to the hotel, then bill our employer for the 30 per night. They get taxed on that. I'm tight for cash so my employer is paying the b&b directly for me. That money never hits my…
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Self Employed/Employed, Tax Codes
Hi! I'm confused and just wanted to ask here before I give HMRC a ring, this is all new to me and so I need a hand! In the summer I registered as self employed for a project I did, which ran for a few weeks, and I only earned £550. Since then I have not been freelancing and so this is my only income. I received an NI bill…
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Question for anyone who actually works in council tax enforcement
I have 3 questions for you 1. When a local resident informs you that that he/she wants to have the single person discount reinstated, do you insist that they provide the new address of the departing lodger? 2. If you do this, what happens if the lodger not left an address (or lied about the address) ? Does the resident…
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Experience of land valuation tribunal re. Council tax issue
I am considering taking my complaint about refusal of single person discount to this tribunal. Would just like to hear from anyone who has tried this. I know how to apply and have already had a rejection of my complaint to the Council which is required before applying to the tribunal. Just would like to know a bit about…
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Capital Gains Tax
Hi my wife and I are getting divorced and to finance the split we are selling our former marital home of 5 years ago which has been rented since then. The value of the property is the same as when we lived there. Will there be any tax to pay on the proceeds ? Thanks Chris
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Is it good to be high tax payer
Some people earn more and pay more taxes. But what does that mean in terms of treatment from governing bodies like Council, HMRC etc. A and B are out of work aged 45 and lost their job:: A working in last 15 years payed £10K to £15X tax + NI per year B working in last 15 years payed £2K to £3X tax + NI per year A and B are…
