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Registering or not registering for VAT?
Hi, I'm really confused about whether I need to register for VAT. Simply stated my problem is: A company, that I have recently started working for, wants a VAT number on my invoices. From looking through HMRC advice I don't think I qualify, but because the company is in EU and I'm in UK it seems pretty complicated. I can't…
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When does PRR end?
[FONT="]I am in the process of evaluating the sale of property 1 and I am trying as best I can to understand the tax implications of PRR and Letting Relief. Having read HS283 (2017) I am unsure at what point I need to calculate PRR until. Timeline:[/FONT] [FONT="]Property 1[/FONT] [FONT="]- Bought 7/02:…
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Inheritance Tax
Brother had to pay for his own care. In exceptional cases the NHS will cover those costs. Brother was an exceptional case. We applied for this financial support. Brother died. After Brother died the NHS agreed that brother should not have paid for his own care and the money is to be refunded. Will the refund from NHS be…
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Claiming an old Tax refund. Help please?
Hi all :hello: Long time browser, first time poster. Here's hoping that someone on here may be able to offer some advise on my current situation. I did do a forum search, but I couldn't find any relevant info, so forgive me if this question has been asked before. Ok, so my old job from a few years ago meant working away…
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Working for a Chinese buffet that doesn't pay tax
So 5 months ago I started working for a Chinese buffet restaurant they told me it was cash and hand and that it's all legit paid everyweek I received my first wage and there was no pay slip therthere was however a hand written note in the money bag to say how much I earned This confined for a couple weeks until the hand…
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Living abroad and HMRC
Hi there, Hoping someone can help please. I moved permanently to the USA back in 2014 (green card holder) and my relatives back in the UK are telling me HMRC are chasing me for £950, most of which relates to penalties for the last return that was completed back in 2013. Do I need to pay this and is there any way I can…
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Thought I had submitted tax form online
Today, I received a fine from HMRC for £100. In August 2017, I filled in my tax form on the Gateway Gov site and thought I had submitted it. Turns out, after filling in the form the website locks you out. You have to sign in again to complete the action of submitting the form. I did not do this. There was no instruction to…
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Wayleaves - taxable as income?
We have been told that we are eligible for an annual wayleave payment from the utility company. This is in respect of a telegraph pole in our front garden. The payment is £40 a year. Should this be classed as taxable income and declared to HMRC? My gut reaction is that it is more akin to compensation for disturbance to our…
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Claiming back uniform tax for previous tax years
Hi everyone, I hope this question is in the correct forum section and I apologise if it has been asked already :) I have just recently applied for uniform tax code update which was successful and my tax code changed to reflect this. I did it with the online P87 form. I understand I can claim back up to four years but how…
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Personal Tax Account
Anyone actually got one of these at: https://www.gov.uk/personal-tax-account I ask because going through old papers to shred and come across my "Your Tax Code Notice". It has a stamp design on it to says "To stop getting letters from us and receive your updates online, change your settings at gov.uk/personal-tax-account…
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Trustees' Liability for Council Tax
My father died before Christmas and I notified Northumberland County Council of his death, expecting that they would confirm a Class F exemption for probate. I completed the form they sent, which included a question as to whether my father was sole owner of the property. I responded that my father was tenant in common with…
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Is forcing staff to be self employed legal
Hi everyone, new to the forum and i would like your opinion on this please. Lets say i own a multi million pound blue chip company like TESCO or ASDA but i don't want to pay any taxes for my employees anymore? In a word i want to do what this forum is by 'Cutting Tax' Would it be perfectly legal for me being (TESCO or…
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Income tax puzzle
My annual (income) tax summary for 2016-17 contains an item "Other income (including interest)" with a figure of several hundred pounds. My income is pensions and they are all listed correctly. I have no other income and I've no investments that would require that much in tax - they're either ISAs - which are not taxable -…
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Declaration of Trust Do it Yourself or Not
Hi, My husband and I own a house which we rent out (no mortgage). I am going to be made redundant from my job soon so it would be beneficial if I could claim the rent as my income. My husband is a 40% tax payer so it would be better for me to complete the self assessment as I won't earn enough to pay any tax.I have been…
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High Income Self Assessment Tax Return
My husband has just received notification that he should have been filing a self-assessment tax return since 2013 due to his plus£50K income and due to me having continued to claim child benefit during this time. Now, I understand we should have been paying more attention when they changed the law (which I have now…
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Inheritance Tax Gift
If I were to pay for an expensive holiday for a daughter/son, would this be regarded as a gift thus affecting the £3000pa IHT allowance to that child?
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Inheritance tax
Anyone know of free inheritance tax information. Do not want to be bothered with agents ringing me up. Thanks
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Eu vat
Dear Members, I am glad I found your website. I have a situation and I would really appreciate if you can help with advice, as my situation is quite unusual I believe and I could not find any law about it. I have a UK based company which supplies digital services to other businesses (b2b). My company still does not have a…
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Long Term Incentive Plan
I've been asked and I pass the question on here. The young man concerned is to become a member of an LTIP. His employer is an American corporation: he lives in the UK and pays UK income tax by PAYE. The deal is that he gets some company shares attributed to him and if he's still with the company in 3 years time these…
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vat threshold
hi all i ama window cleaner, i have deliberately tried to keep my work under the threshold for vat but i have got to the pint where i need to increase my prices, when i do this, if ALL my customers accept the increase it will put me over the threshold, but if i lose many that could keep me under the threshold im ot sure…
