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I donated. How do I get tax exemption for it?
I donated to a charity. I have the receipt. Can I get money back out of it? How?
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living in Spain and tax on UK earnings
We are planning on moving to Spain in a few years and are wondering about tax implications. First we have a UK property which we would like to let out rather than sell. The UK tax allowance is much more generous than Spain's, can we still pay tax on this income in the UK via self assment even though we will not be uk…
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CGT question
When buying a new build, the developer offers several "upgrades" such as putting in nice flooring or a better kitchen than what would come as standard. These are installed prior to the date of completion. But these are not part of the property itself and not included in the purchase price nor any mortgage. They need to be…
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Tax on dividends - Help please?
Hi - I am in the middle of doing OH's tax return and have to admit that I am always confused about tax on dividends. OH pays higher rate so the tax payable on the £46.25 dividend is easy enough - 25% on the dividend total. However, Standard Life completed a share consolidation in March 2015 and there is a dividend for…
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Taxable pay reducing monthly???
Wondering if anyone can help! I work in Denmark and live in the uk (offshore) so I have to pay my tax to Denmark. I started in Denmark around May this year but worked for the same company in Scotland prior to this and paid PAYE tax. The company operate and equalisation scheme (worldwide) so that everyones pay and tax is…
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HMRC Complaint...how do i get them to take me seriously
Hi Guys, I submitted a P87 for the tune of approximatley £900 in April. After waiting and waiting I was told there was a problem with the computer. I ended up sending all my P60's and P87 again with a 3 page letter of complaint. The one paragraph response I recieved today was quite frankly disgusting, not to mention wrong.…
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Two job Tax
Hi , just hoping i can get some clarification on a couple of tax issues.I've been doing bureau/bank healthcare work for over a year but don't trouble the personal allowance. I get paid end of the month for work done in the 2nd half of the previous month and 1st half of the pay month. I've taken a Royal Mail contract from…
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SA tax return underpaid tax
I have submitted my SA last Friday and spoke to the SA Helpline today. My reason for phoning them was to check two things. My conversation has made me more confused. The Helpline person says he doesn't see what I see on my tax return and he says I owe about £900. My tax return says that I have overpaid £120. When I check…
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CGT on property bought under market value
We purchased our property from our landlord in March 2014 for £125k, the valuation was £160k. We are planning on selling the property next year (2016) as we are expecting our third child (2 bed flat) and we would like to know if we will be subject to CGT when we sell? The current market value is roughly £250k, the house…
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CGT when retain part ownership of house
Last tax year we (husband and I) sold a jointly owned house to our son. This was not our main property and we had allowed our son to live there rent free for a couple of years before purchase (long story - we had planned to rent it out but he needed somewhere to live - yes, he is lucky!). However, he could not afford a…
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Capital Gains - Property Sale Question
Hi, I've just sold a house my wife and I owned, we've never lived in it so it should be classed as an investment property. Purchase Price = £155,000 Sale Price = £179,950 Gain = £24,950 Would I be right in thinking the following... Both my wife and I have a capital gains annual exempt allowance of £11,100 each = £22,200…
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Too much tax?
I think I've paid too much tax this month, but wanted to check if my working out it is right or if there might be any reason for this before I speak to my employer. I started a new job on October 5th. My pay that month was £2139.92 and my PAYE was £251. This was £883 tax free and 20% on the rest which I understood to be…
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Separation, moved in rented accomodation, CGT when selling the house????
Hello there, My ex and I have separated and I had to move out of our jointly owned house. She is still leaving there with the kids and I am in a temporary rented accommodation. As I am not living in the house currently, that I am on the electoral roll at a new address, etc., is my primary tax house my rented one or the…
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HMRC rules for obtaining tax free lodge allowance
Hi Everyone, I am having some trouble getting my lodge allowance from my company and was wondering if anyone can help. Sorry for the long post, but I’ll try to explain as concisely as possible… I started a new job a few months ago and I am working away from home, so I am entitled to a lodge allowance. As I have a mortgage…
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POA:Evidencing loans to elderly mother
I hold enduring POA for my 89 year old widowed mother,who no longer possesses all her mental faculties and is physically very frail.Medical opinion is that she is most unlikely to live a further 12 months,but is not yet" end of life". She is still in her own home but this requires two full time live in carers.She has a…
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987 forms - anybody done them?
I've filled in some backdated p87 forms a few days ago, Ive travelled for work a lot so most years are reclaiming £2000 - £2390. Do they ever reject the claims? Will they adjust my tax code at all?
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Tax Code - BIK change mid year
I'm looking for some help to clarify the correct change I need to make to my tax code followng moving house recently and by benefit in kind increasing due to a higher mortgage. I want to adjust my code ASAP so I don't get stung by an underpayment next year. Basically I have worked out that, with approx 7 months of my old…
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self assessment
My wife and I have both received letters from HMRC informing us that they are taking us out of self assessment because they have 'noticed that'the only reason you fill in a tax return is to claim a repayment of tax on your bank and/or building society interest'. This is not the case and self assessment for 2014/15 showed…
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CGT on Property Gift from Parents - Need help to calculate
Hi all, My parents own and currently live in a property that they bought in 1987 for £45k. The property is worth £95k at today's market price. They have not always lived there, and rented it out privately between 1987 - 2013. During that time, they lived elsewhere (renting, not a second home). They would now like to gift…
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Council Tax reduction he;p please
I receive my mail to my Fathers address but I don't actually live there. I stay with friends in many different places throughout the year. It's just a lot easier to have my mail going to one place than changing address very frequently. My Father is claiming a single person Council tax reduction for the property. What…
