-
Unemployment & Tax Refund
Hi I was unemployed for a while, but have now secured temporary work. I realised that during my unemployed period that I was probably due quite a significant tax refund (due to overpaying in my earlier employment.) I phoned HMRC and asked them how could I get this tax refund paid to me, and they said that I would have to…
-
IHT planning
Hi, Wonder if anyone can help on a horrible and complex subject. My dad is due to receive an inheritance via probate in the next few weeks of around £500,000 from a relative that he wants to split this equally between myself and my brother. In the interim, we have been devastated with the news that my dad is terminally ill…
-
Confusion regarind claiming a tax rebate whilst unemployed
I lost my job 4 weeks ago on 16th of October and was paid a final wage on 30th October for the work I had done up until the day I became unemployed. I am still unemployed and signed up for Universal Credit last week and should receive a payment 4 or 5 weeks from now. According to HMRC's tax-checker I'm due a tax rebate of…
-
overseas tax
good evening I'm writing here because I need some advice. I have a Ltd childcare company based in England. I provide a childcare service during holidays to uk and international families in France Spain and Italy. Do I have to pay tax and open my position in each of the countries that I provide my service? Best regards
-
Is stamp duty due, gifting property to a company?
I am considering setting up a company and wanted to know if I gift a property to a company with myself as the sole shareholder, do I have to pay Stamp Duty?
-
Tax Code Change - Help
Hi I was on 1060L but now 116M after getting my wife's personal tax allowance. Why has it gone up? Am I getting taxed more?
-
Tax return in the same tax year?
Hi, I am self employed but not currently earning an income. I have recently also been employed for a couple of months (no longer) and in that period, I paid too much tax. Unfortunately as I have received my P45, I have been advised by HR that I can't claim the tax back through them. I am well under the earning threshold.…
-
married tax allowance
I hope everyone married is aware that you are entitled to the new married tax allowance. Go direct to the HMC website, don't use the calculator because everyone trying this method is told they are not entitled. Just add in your details and they will get back to you within 6 weeks.:rotfl::money::j
-
Hmrc sa?
Hi, We have had a payment this morning as i have googled it, it comes up as tax refund for self assessment, but some people seem to think it is wrong, and we will have to pay it back. Before I attempt the torturous ringing of hmrc, can anyone confirm please? Thanks
-
Tax Advice for Working for US Company Please!!
Hi, I really need some tax help .. my Husband is going to be offered a job in the US but will be based in the UK. Looking at it, I can't see how it would work as they do not have a UK presence to run payroll so how would he pay tax? Someone said about he'd have to contract and set up a Ltd company to do a self assessment…
-
Claiming Business Expenses
Hi, I am looking to set up an eBay Business, where fees are charged after selling products on the website. I have heard many people saying that It's possible to claim back eBay and PayPal fees as business expenses on a tax return. Does my business have to turnover a certain amount before I can complete tax returns? Thanks…
-
Am I paying the right amount of tax?
Hi guys, This may be really silly, but I can't work out if I'm paying the right amount of tax. On the most current payslip I can find (dated 25.09.15/Week 25 - I get paid weekly). It says my Gross for Tax TD is £11,538.50 and that my Tax Paid TD is £1281.60. My tax code is 1066L. As far as I was aware, I wouldn't be paying…
-
Landlord withheld council tax letters
Hi, I've recently had an issue with the council sending debt collection agents to my landlords house about the council tax on the flat i'm renting from them. This was pretty surprising for me as i registered with them as a student in spring and hadn't received any sort of warning or notice that anything was wrong with my…
-
Self assessment: where to put put professional membership?
After the long-running saga to get DH registered for self-assessment to do a tax return for 2013-14 (is it us or HMRC?) we've nearly got the ****** form completed online. And not before time. However, we're stuck on where to put his membership of the Institute of Analysts and Programmers, which is definitely on the HMRC…
-
Declaring last three years of trading?
I started making crafts about three years ago and thought I'd have a go at selling them on ebay, along with selling my usual clutter - used clothes etc - via a private account. However, I've always been running at a loss and genuinely (stupidly) thought I wouldn't have to register with HMRC until I started making a profit.…
-
Self-assessment because of CB - when?
My payrise and bonus this year will put me (after pension and childcare vouchers) in the range where we'll have to pay some but not all of our cb back. its too much into the range for me to pay more into my pension as we need the extra money at the moment - although this may be something to do in the future. I've always…
-
Does this tax need to be paid directly, or will it be taken off my payroll?
I have just done my personal tax return. The website is now telling me the information below. My question is... Do I need to call them up and pay it? Or will it be taken off my future PAYE earnings? An earlier page said that it would be taken off my PAYE, but this page does not say that, so I am a bit confused. SummaryHelp…
-
Sold but not got paid, do I pay tax?
If I sell something this financial year but I don't get paid straight away, i.e paid with cheque with future date that is not in the current financial year. Do I still need to declare this as an income for this year because the sale took place in this year?
-
Any tips on tax position-new job following redundancy
Hello I was made redundant in July this year . My payoff was heavily taxed and included the first £30k tax free as I had over 30 years service. I have now secured a new job starting on 12th Oct. Is there anything I can do to ease the tax position on the new job or wil I just have to accept the fact that my redundancy…
-
Tax efficient umbrella companies v Standard umbrella
Hi, just need some advice as to what I hear are called 'tax efficient' umbrella companies (also known as alternative umbrella companies) as opposed to standard umbrella companies. As a locum worker I am currently using a standard umbrella company but having secured a new assignment my agency has given me a name of a…
