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Marriage Allowance
I have just tried to apply for the marriage allowance on-line I got as far as the last stage (confirming my email address) and the damned thing threw a wobbly - telling me to "try again later" Is this the method that HMRC are now using to save money ?
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HMRC demand Receipts for machinery
Hello For many years, as a hobby I have made miniature cabinets. My machinery has been purchase over several years and the few receipts I had have been thrown away as they were not guarantees and of no use or value. After several years I began selling my cabinets and was concerned the hobby was now a business. After taking…
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What improvements would you like to see from HMRC
I'm involved with the latest HMRC trial which will see an end to the current working systems of having seperate Contact Centres and Back Office staff working to completely different processes and rules on what can and cannot be dealt with by each part of the same department. It is essentially finally bringing the 2 areas…
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Back dated council tax
Hi, Part of the ground floor or our family home was converted into a studio apartment about 40 years ago. Apparently it did not have planning permission and the council found out. We have now had to apply for a Lawful Development Certificate. If granted I am worried that the council will back date council tax on the studio…
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Underpaid tax last year but repaying via PAYE - how does this affect self assessment?
Hi, Last year was the first year my earnings went over the £50,000 limit which means that, as my wife claims child benefit, I have to fill in self-assessment shortly and pay some of it back. My question is, I already know that I paid too little tax in general last year (due to my company car changing and various other…
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Tax reclaimable on vehicle - S Employed
Help, friend is a self employed gardener. His van gave up last week and he bought a second hand car for £500 to get buy using his 'saved' tax money. He was on the short tax form, but has been migrated to online, first return due this January. He thought that he could include this new vehicle in his tax claim for 2014/15. I…
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'Claim your tax refund' email - is it a scam?
I just read an email from supposedly HM Revenue & customs advising me of a tax refund I have already claimed and have the cheque in my desk.the amount was suprisingly close which worries me.Also I do my return by paper. Is this suspicious or me being too careful? Who would I report it to?
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Self employed starts a full-time job. What about the tax?
I have been self employed since the beginning of the tax year (April) and I have now found a full-time job (starting in November). I haven't met the tax-free allowance with my self employed earnings yet, having only earned around 6k since April. My question is, how much tax will be deducted from my pay on monthly basis (if…
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Inheritance tax on jointly owned house
Ten years ago my mum offered to help me buy a house, and we are now co-owners as "tenants in common". My mum sees the house as mine, and I pay all the mortgage. I asked the mortgage lenders to switch to single ownership, but my salary isn't quite enough in their opinion. My mum is concerned that if anything happened to…
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Best tax return software
Hi, Just about to do our tax returns. Are they any recommendations for inexpensive and or easy software? I'm considering TaxCalc and gosimpletax the later being an on-line solution rather than software download. Jerry
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Tax refund after redundancy
Hi all I was made redundant in May and claimed contributions based JSA for 6 months until yesterday when it was stopped. I am now planning on studying for a while. I've rung the Tax Office and they need a P45 from the jobcentre and won't do anything til 35 days after that. So I can't claim til nearer Christmas. So my…
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Self-assessment - donation to overseas charity
I'm employed PAYE and self-employed in my spare time so complete tax returns. Hubby and I make an annual donation to an Indonesian charity (it's a registered charity, but over there, not in the UK). I seem to remember that self-assessment asks about charitable donations (?), but I've never connected this before! 1. Do…
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Reclaiming Tax on Compensation
Just wondered if anyone could advise me on this. A friend of mine recently received financial compensation from a bank with regard to a complaint. The bank had deducted tax from the settlement and the letter says she can reclaim this from HMRC. She currently submits a self-assessment return as she used to own a business a…
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HMRC SA - Payment on Account??
Hi there, My friend is a teacher who works full time but in addition does some tutoring work. When completing her Self Assessment this year she is being asked to pay the Tax due for 2014-15 and additionally make payments on account for 2015-16. As the tax owed is under £3000 she wants it to be collected through her PAYE…
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Dissolving Company/CGT/Dividends
I own 20% of shares in a small family company in the Isle of Man. The shareholders have broadly agreed to wind up the company, sell the assets, and distribute the proceeds to the shareholders. I believe CGT to the UK govt is payable on the gain between the time I inherited the shares and the eventual sale value. Is it…
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CGT on holiday home
My parents have owned a holiday home since 1981. As they are both in their 80's now they are considering whether to let it out as a holiday let or to sell the property. They bought the property for £20,000 and it has been valued at £200,000. They are low rate tax payers, and is jointly owned by both of them. Advise please…
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Any tax which tax
Hi Just asking for a friend, he has been left a property and an amount of money he's not sure at this stage how much money due to lawyers sorting things out, however he has the property of todays date and is going to sell it approx £120000. this has been left to him by someone he's not related just some he has known for…
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How do I pay expenses from my limited company, to myself?
I have just set up a limited company. I'm currently seeking an accountant who I can bother with questions. But obviously would be great if anyone could answer here. Prior to setting up the company I incurred a number of costs that specifically apply to the new business. This included: - Printer and office stationary -…
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how much will i get after tax if i take second job?
Got an interview today for a second Job. Earn 33k PA from main Job and this second job will hopefully be 10-20 hours a week probably just until Xmas but maybe longer. The pay will be around £8 per hour. Can anyone tell me how much I will see after tax per hour?
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Do expenses payments count as income
I posted the following question elsewhere but was advised to post it in the cutting tax section as the people who replied are unsure of the answer. Anyone know if an estimated expenses payment counts as income if you don't spend all the money on those expenses??
