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Cutting tax
Archives for May 2017
Discussion List
Confused with sole trader bookkeeping
My wife is currently setting up a very small business. I am trying to help her the best I can but I am getting a bit stuck on some of this bookkeeping. All she is doing is a mobile nail technician. So she will be taking small cash payments of around £30 each time. She isn't looking at making hundreds and hundreds every…
How do changes to quarterly self employment tax rtrns effect student loan repayments?
Does anyone know how new quarterly tax submission requirements for self employed people will affect student loan payments? I work part time and I also freelance part time. My freelancing comes in fits and starts. For example, a current 4 month project is worth about £5k, but this will be the main chunk of my freelance work…
Tax Code Question
Good evening everyone, I worked as a postman for 14 years but left to start a new career in the middle of April. I purposely left after I received my second allocation of shares from the company. I was sent my final tax code from RM which was 1162L and have now forwarded that on to my new employer. I have now received a…
Personal tax account. Repayments (PAYE CASES ONLY)
This is for people who DO NOT do self assessment. For those who do complete self assessment tax returns your process of claiming a refund has not changed. From April, when the first assessment of the year just ended is done (right now this will be 2016/17,) a cheque will not automatically be issued. In the first instance a…
Why Making Tax Digital is so stupid
System error Sorry the system is unavailable, please try again later or contact the HM Revenue & Customs Online Services Helpdesk. Quoting Ref No: SWPEH6NHIYN6DXTW. Please select 'Next' to proceed. HMRC regularly provides information detailing HMRC Online Service availability. Yet again an error message from the database…
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