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Tax relief on mileage and parking
Just a quick question. My partner works for an NHS Trust which has three sites, their base is in a building about 10 minutes walk from the nearest hospital site. Under the expenses policy the Trust won't pay for mileage between sites or for parking as the Trust has a regular free bus service. As my partner has regular…
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Working abroad and how best to limit tax liability.
I may be going abroad for work and wanted to get some advice about how best to handle the earnings. I was told by my friend working at the company in question that last year on a $120K in income he only paid $6k total in taxes. One way he was able to do this was because of the foreign earned income exclusion Which pretty…
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Tax & Mileage question
Hello, Just a quick one my employer pays 25p per mile for our travel I know the government pays 45p per mile am I correct in thinking you can claim the extra 20p at the end of the tax year in terms of tax relief? If so I could make a lot of people at work very happy. Thanks
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SA Tax return is over double the amount of last year!
Okay so I have been fully self employed for just over 3 years and have always completed my SA online. Admittedly I have left it a little late this year (filing 2012-2013) and have just had a heart attack when they've worked out my calculation. My last tax return asked for £880.03 I have increased my annual net amount by…
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Class 4 NICS -- possible mistake in last years SE
Hi! I am in need of help regarding a the question "Are you exempt from paying Class 4 NICs?". I only earn about £150 with mystery shopping so, as far as I know, I don't have to pay Class 4 NI. On last year's SE, I said that I was exempt from paying Class 4 NI. I called HMRC last year to confirm the details of my SE but I…
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Self Assessment tax return - earned nothing but owe money
Hi all. I was hoping somebody could please help me. In previous years I worked in my free time as an Internet researcher for AQA/63336 (in addition to my full-time job). This role was self-employed so I had to fill out a tax return. However, due to a change in circumstances I haven't actually done any of this work for a…
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SA Tax Question - Flu vaccine
Back in November I paid for a flu vaccine in Boots. Couple of reasons: I am self-employed so getting ill means losing work and earnings; and my wife had just found out that she was pregnant. So it seemed like a very good idea on both fronts. Can I include the cost of the vaccine in my expenses when I do my tax return and…
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Council tax Adice Needed Urgently!!
Hi All, I posted a thread on here before Christmas regarding a Council Tax Bill from 2012. Everyone was really helpful - and with all of the advice that I got from you all, I wrote the best letter I could to the council. I have posted this below - and the reply from the council. Now I would like some further advice -…
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Where to enter taxed income from election duty on SA
Just wonder if anyone can advise me on this please. My husband did two stints of election duty in the last tax year. For both of these days he received a P528 showing the income received and the tax paid - the whole amount has been taxed at 20% like a second employment income would be. When I telephoned HMRC about this the…
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SA Tax Return 12/13. 8mo self employed + 4mo PAYE
Hi everyone I was self-employed up until Dec 2012, since then I've been full-time PAYE with no additional self-employed income. It's now time for me to do my 2012/2013 self assessment having put it off (and forgotten) about it until HMRC sent a reminder the other day. Fortunately my records are clear and my affairs were…
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Mileage rebate
I have read a couple of other threads on this but just wanted to post something as I am not sure where to go. I have a job where I am employed by a company but work from home. I use my own car for work - visits to sites etc. I get a £330 per month car allowance and my employer pays £0.15 per mile. Some staff members use…
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Claiming PAYE tax back after redundancy
Hello! I've given up trying to get to speak to someone at HMRC so hopefully someone out there can help, this is my situation; - I was employed until May 31st 2013 up to which point I was PAYE. - At the end of May I received a redundancy payment on top of my normal (final) monthly salary and ended up paying rather a lot of…
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Self Assessment then Tax Code Changed Radically
New to the forum but could do with some advice... In tax year 12/13 I had a uniquely high salary which was driven up by a large bonus received when my employer at the time was sold. This took me over the 50k mark and due to this I was asked to SA in August by HMRC. Child benefit being the reason. Did my SA online ,…
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Could do with some advice please - becoming a taxpayer again
I have just reached state pension age (first payment due tomorrow), and have also just started receiving my occupational pension. Total of these two pensions will be £12,750 in tax year 14-15. I also receive monthly savings interest that I currently don't pay tax on as it was my only income, which will be approx £5K…
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Tax Question
If someone could help with a quick tax question that would be great. I'm a higher rate tax payer and will be starting a limited company along side my current position. Myself and my wife will be directors. How much tax would I pay on profits, I'm guessing 40% on any pay but what about dividends and corporation tax, how can…
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NI and being Self Employed and Employed
Hi All, I hope somebody can help, I am currently employed on PAYE, but soon I will starting a self employed business, but I will continue to work and earn PAYE as normal. Because the self employed I know I will have 20% tax to pay on the full amount. However I am little confused about national insurance. Will I have to pay…
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Child benefit - registered for SA but don't need to?
Hi, I registered my dh for self assessment in October and he received a letter telling us HMRC would write to us to tell us when to complete his SA. We had heard nothing so my dh called hmrc a few days ago and they said to complete it by 31/1/14. I am waiting for an activation code to be able to complete it online but…
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How to fill in a SA800 form now and retrospectively?
Hello, My husband and I have run a small business together for 9 years with turnover over £70k, however after the crash of 2008 our income started to drop dramatically until it dropped as follows: April 10-March 2011 total turnover £10,200 total profit £4,400 (ie £2,200 each) April 2011-March 2012 total turnover £11, 816…
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Expenses Paid
Hi, I am reimbursed out of pocket expenses by a company I do consultancy work for. For example rail fares, flights, parking costs, accommodation etc. I submit receipts along with my fee note and am reimbursed at the end of the month. Am I correct that these expense do not need to be entered on my tax return as there is no…
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SE Tax help - dates due
Hi there, My husband is a soletrader and for the past 2 years we haven't had to pay any tax as the earnings were too low, this year however things are taking off and he need to pay tax. He usually does his tax return soon after the 5th April aso it's done and out of the way - when he reports in April for the tax year…
