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Dental Work as Expenses?
Hi, I work as a self-employed voiceover artist and was wondering if I could claim for dental work, seeing as how having teeth in a good state of repair (and some *do* need repairing) is important for my work. Cheers, Tim
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Carrying loss forward
My wife (who has been a housewife for many years, started a business in the year 2013-14 and has made a considerable loss (£30,000+which was expected) So no surprises there. What has come as a big surprise is that she has been informed by the IR that as her earnings tax pot is empty, she has to carry this loss forward to…
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ension and PAYE - BR & 988L tax Rate
Hi, I currently have a Pension (Military) which gives me just over £1000 after tax, which is taxed with a tax code 988L I also work full time for a driving agency and i am taxed BR rate on my earnings (£1200 to £1800 per month, after tax, depending on hours worked / job availability etc). My question is this.. Which of…
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Google Adsense and tax
Hi, I've had Google Adsense on some of my domains for a while now, but the money I was making fluctuated quite dramatically in the past. However, more recently the amounts have shot up to the tune of a few hundred a month and it looks like it will stay that. This has made me paranoid that the HRMC will be knocking on my…
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Self-employed and payroll for same company
Hi, I'm currently self-employed but recently have become a casual member of staff for one of the companies I work for. They are insistant about putting me on payroll for all of my work, including when I work for them as self-employed - they say that it's against the HMRC rules to be paid through invoicing and payroll.…
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Freelance / PAYE advice needed please
Hi, I work in television and can often work for 7 different companies in as many days. My pay grade is not high enough for most employers to pay me as Schedule D, so I am usually paid PAYE. Very rarely I will have to invoice or just get paid PAYE the full amount. As I work short contracts it takes the tax office a long…
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TAX Liability = when you worked or were paid?
Hi, Please can you help me understand if I am entitled to a tax refund? I took a settlement agreement and left 31.03.2014, my employer paid me on 28th April but by then had changed my tax code (unbeknown to me) from 944L to OT1 so did not apply any personal allowance and deducted 40% tax beyond the £30k redundancy tax free…
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Claiming training VAT back
Hi all! I am currently training to be a commercial pilot and have nearly competed the ATPL ground exams. Thereafter, I need to pay out a further £20,600 for the final CPL / IR practical training. As a pilot, I will need to be self employed and work on a freelance contact to contract basis. If I register as a sole trader…
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Claiming as PAYE
I'm a PAYE tax payer working 900 miles from home. I am given an allowance by the company for travel. This works out to £453 a month, which is the exact cost of the 2 flights and train returns I use for transport. This is listed in the 'Taxable Deductions' section of my payslip. Not only are they inflating my 'Taxable Pay…
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Council Tax Court Summons
Hello, I've moved flat in July and I'm still suffering the consequences. I've got another thread in these forums about a fake parking fine in my own parking space and now this... I just got this letter sent to my old address (a neighbour gets the mail for me) where the council wants me to pay whatever is left from this…
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Question re claiming expenses
I sent all appropriate expenses information etc to HM in relation to expenditure relating to my home based job. As my claim costs were more than the automatic weekly £4 given to home workers I sent all break down costs etc. 3 months later after much chasing up regarding my claim I received yet another detailed form asking…
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help - self employed and employment
think i have it sorted
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Signing over a business to save tax?
Brother-in-law started a small wndow cleaning, general handyman, gardener business about 2 years back. Went well to supplement his occupational pension and he built a solid customer base. He employed 2 people f/t eventually. He then found a p/t job so the 2 f/t workers took on the running of the business as a sort of…
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Filling in SA form for first time... have some questions..
Hi all, So I finished work with a previous company in October last year, and while job hunting I did a small amount of casual work for a friends company, registering as self employed for this purpose. I now need to fill in a Self Assessment form (which I have chosen to do by hand) and I have a few questions I was hoping…
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Self assessment and expenses
Hi I'm hoping that someone can offer some advise here - although I may be clutching at straws... I'm employed and my 'usual place of work' is home according to my contract. However I travel regularly - occasionally to the office but usually to various sites of a company we work closely with. My employer has recently…
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Tax Help
Hi I wanted some advice from your magnificent selves before I ring the tax. I am in full time employment but have just purchased a rental property which is going to pull in around £7500 a year. Interest repayments are Approx £57 a month. Does it all go on the same self assessment form as my normal one or do I have to fill…
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Inland Revenue
The Inland revenue have started sending me letters saying I am late on Self Assesment. I have never done that before and wasn't aware I should. Now they say I owe them £1200 in fines. I have always paid PAYE but they say I have under paid and thats what they are chasing me. What can I do?
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Self Assement & ISA Interest Query
Hello, The only interest I received from my Bank Accounts was £27.62 from my ISA. I'm filling in my Self Assessment Form and on the Taxed UK Interest and Untaxed UK Interest amounts, I'm assuming I put the £27.62 in the Taxed box and 0 in the UnTaxed boxed?
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income tax or CGT?
Hello, I have recently made some income by buying a flat, improving it and reselling it. I intend to do this again. My query is; does this count as income or capital gains? Also, should I declare the money immediately, or can I wail till the end of the financial year? Thanks for any help, Mike.
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Employed + self employed ni, tax and different expenses?
Hi everyone, Seeking some advice on one situation. Person is in full time employment. Salary is crap, so thinking to do some jobs on weekends (probably one or two times a month). Obviously then need to register as self employed. But how this will affect full time employment as in tax and national insurance? What expenses…