We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Cutting tax

Archives for January 2016

Premium Bonds.
Do Premium Bonds have to be declared or do the Inland Revenue have these details.
Tax man is coming
Ssshh :shhh: In 1hr and 35 min he'll be coming knock knock :wall: Pay day for him:santa2:
40% tax and childcare vouchers
Firstly I apologise if this is the wrong place to post this but I can't see anywhere more appropriate! I'm a secondary school teacher and my taxable pay for the year (as per my payslip, after pension, childcare vouchers, etc) is about £4,000 short of the 40% tax bracket. However, I also work as an examiner for one of the…
Pre-1998 student loans on tax return - help!
Hi all My calculation is coming out higher than what my accountant said it should be, and having spent most of today trying to figure this out, I think it might be related to my student loan - and I would appreciate some advice on whether I've inputted it correctly. I have a pre-1998 'mortgage style' loan that I was still…
final calculation
I've had a final tax calculation of about 8k Looking at my tax statement I paid a 2nd payment of account on 31st July 2015 for 14/15 of about 3.5k So I deduct one from another and pay that? Thanks
paye notice of coding
Our reviews indicate that your 14/15 paye notice of coding includes an adjustment for tax underpaid Underpaid tax for earlier years included jn your tax code for 14/15 £0.00 If this figure is correct select no otherwise yes. I'm self employed I click yes ?
Quick capital allowance q.
Hello, just looking at putting a new item down as a capital allowance. Can I just check... if I use the cash basis can I put the entire amount down as an expense? Last time I had to do this years ago, you had a first year allowance and carried the rest forward for ever. Can't see anything about that on HMRC. The allowable…
Uniform allowance - volunteers???
I saw that those that wear uniform can claim tax relief. However, I volunteer for St John Ambulance and our uniform is quite extensive as we have special trousers, shirts, fleeces etc. Can volunteers claim? The form didn't include volunteers but then it didn't exactly exclude us.
Claiming a tax refund
Hi, We are becoming frustrated in trying to claim a tax refund regarding my wife. She doesn't pay tax but, due to complications surrounding her retirement, employers pension and a small annuity, PAYE tax of just under £10 was paid. We have tried phoning HRMC 3 times over the last year. Each time they have eventually agreed…
Tax Returns - Advice & Questions
Simply put I am currently in the process of sorting out my tax return for year 14/15 for the first time. To summarize ( I have had 5 jobs in that financial year, much of it leaving part time jobs ) I also have my self employed income and finally I rent out my house I no longer live in. I have calculated all my earnings and…
SA - CGT chargeable gains - help?
Sorry, like so many other people, I'm doing a last minute self assessment. Haven't had to do one for years and I could do with a little help. Could anyone explain to me how to enter details of the disposal of a portfolio bond? I have this information from Zurich: The amount paid into my bank following the disposal The date…
No Self-employed earnings this year, declare or not...
Hi folks, I earned nothing self-employed in 2014-2015 but had self-employment in 2013-2014 and will have in 2015-2016. Do I fill my Self-Assessment purely as a PAYE earner or do I put my self-employed income as £0.00 and claim phone and some bills. Any thoughts would be welcome.....
Tax Return - mileage allowance relief
Does anyone have any idea where I put MAR in on the online form , I can't see to find it which is funny as I managed to do it last year
3 tax codes in 1 year ?????
hi all , im after some advice. i left the miltery in 2012, i got out early so was getting payed from army for 4 months. but i had had a job straight away when i got out. basically i was getting two wages. when it come to getting my tax lettter i o the tax man £1200ish. but from 2013 my tax code has changed so many times im…
PIM2505-When to claim estimated Council repairs
Just looking at PIM2505 - Sorry this is urgent & long - I think I qualify for revenue relief on my rental income? Husband and I exchanged contracts on a btl mortgage rental investment ex-council flat on 20.1.2014 and completed on 31.1.2014. Upon purchase we became responsible for a large 12k council Major Works bill for…
Need help with declaring extra income (too late)
Hello all, So I need some help with extra income and tax. I work full time and earn around 50k a year. In my spare time I make craft things and sometimes sell copies to people online. Sounds stupid but I actually had no idea I had to declare this as tax seeing that I was already paying tax working full time. So the extra…
Street light on my property - can I charge rent?
Hi All I couldn't find a forum section for this so please accept my apologies if there's a better section. We've lived in our house for 2 years and there's a street light in our front garden. Can I charge the council rent for it? Thanks for reading... Steve
Any way to pay for BTL costs out of this year's expenses, but in planning
...I hope that makes sense. We have a BTL which is due to make a profit this year on which I will be paying higher rate tax. I want to replace the windows but have realised that I need to go through planning so there is no chance the work will be approved this tax year. I am not likely to be paying higher rate tax next…
Tax Relief on historic expenses
I asked the following question recently: https://forums.moneysavingexpert.com/discussion/5387415 I was self employed in my spare time between 2010 and 2013. I forgot to include expenses for a website I own and pay £100 for every year (since around 2009). Is there a form similar to this so that you can claim tax relief on…
HMRC Checking Time Limits
Hello We have recently submitted some mileage relief claims using self assessment forms. Today we received notification for the year ending 2012 and the payment has been made however the document in the post states this calculation and payment is based on the figures we have provided and has not been checked. This could be…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Ofgem proposes new 'no standing charge' Price Cap – but Martin Lewis warns vulnerable customers need to be opted in or it won't work
Ofgem has today launched detailed proposals for a major shake up to its Energy Price Cap that dictates the price over 80% of homes in England, Scotland and Wales pay for their energy bills.
Lloyds, Halifax and Bank of Scotland to cut overdraft rates for millions but hike them for others – here's what's happening and full help
If you're a Lloyds, Halifax or Bank of Scotland current account holder, the interest rate you're charged for using your overdraft could change soon as part of a fees shake-up. The Lloyds Banking Group, which owns all three brands, says millions of its customers will pay less after the changes – but a "few" will pay more.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more low-income households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
Major flaws in the Council Tax system in England could finally be fixed in future, as the Government has launched a wide-ranging consultation to review hideous debt collection practices, the difficulty of challenging your band, the overly complex and horribly-named Severe Mental Impairment discount and more. MoneySavingExpert.com founder Martin Lewis, who has long campaigned on these issues, shares his response and analysis.
Energy complaints to be dealt with more quickly and Energy Ombudsman to get new powers under Government plans
If you have a complaint about your energy firm, it may be resolved more quickly in future, as the Government has announced a raft of proposals to strengthen consumer protections in the energy market. The planned changes include giving the Energy Ombudsman new powers to force firms to comply with its decisions – but it's still very early days. Here's what we know so far.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Base rate held at 4.25% – here's what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
All State Pensioners in England and Wales will receive a Winter Fuel Payment this winter, though those who earn over £35,000 will see it clawed back through the tax system. It means nine million pensioners will get the £200 or £300 top-up. Here MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis, and we include answers to your key questions.

View All

Cutting tax

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

Cutting tax

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free