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Working from home for previous years.
My wife is about to submit 19-20 tax return due to high income child benefit. She has had working from home for 13 years, but occasionally has to visit site. She has never claimed working from home previously. Since she has to file she may as well claim it. Can she claim £4 per week for 19-20 (52 weeks?) without evidence?…
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Paying HMRC, are all cashback options closed now?
Are all cashback options to pay HMRC closed now? Got my first self assessment bill to pay over £30k this month. Curve metal looked like it may be an option but it appears they have a 2k daily spend limit. Are there any better ways to pay that get you some money back now other than debit card/online payment or have all…
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"Our records indicate you may have foreign income or gains to declare" and recent crypto sale
Hi all, new to the forum and about to finalise my self assessment. This will be my 8th year or so doing my own self assessments and the above message popped up at the top of the page. This is the first time I've ever encountered this message. I dabbled in some cryptos years ago and sold them at a loss very recently. The…
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Tax on foreign income - Working out your residence status
Please can I ask for assistance working my UK residence status?. The HMRC website states: You’re automatically resident if either: * you spent 183 or more days in the UK in the tax year - My original flight date was supposed to be August 1st meaning I would have spent 118 days in the UK during the tax year but due to…
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Working from home due to coronavirus
Hi, I've been working from home since March so decided to take advantage of the tax relief. My Tax code was changed a couple of days after submitting. Is the tax relief backdated or does it only apply from the date of application? Thanks in advance.
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P11D figures for self assessment?
If you've left employment and unable to get hold of your employer for a copy of your 2019-20 P11D, would you be able to use figures you think will have been submitted? Does it show on your account similar to P60 figures filed by your employer?
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Self assessment confusion
Hi, I hope you’re all well. I am trying to work out whether it is worth my while continuing with extra agency work on top of my usual full-time, permanent work for the rest of the tax year. I am reaching the £50,000 threshold now with 2 1/2 months of the tax year to go, but would like to know whether the following will be…
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Marriage Component??
I separated from my husband June 2019. From memory, I think he used to get my % of tax allowance (he was the higher earned). I can’t find info anywhere, as to know whether he is still getting this element or not. Anybody know? I’ve got my Tax Code and details etc from Government Gateway but it doesn’t tell me whether my %…
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How do I declare a one off payment out side of PAYE
Happy New Year all I am currently paid PAYE and will be earning a one off payment this year. How i declare this payment? Will I have to jump through hoops? Is it worth taking this one off job for what it would take to declare it. Thanks in advance
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Self Assessment - reporting cash and scrip dividends
I am filling in my self assessment for the first time online having previously submitted returns on paper. Before, cash dividends were entered on the main return SA110 at box 4 and the scrip dividends at Additional Information SA101 box 12. The online return doesn't appear to offer a scrip dividend entry. Should I just add…
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Expenses by Payroll and overtax.
Morning everyone, I have realised that as my company pay expenses by payroll so anything cost I personally incur get put through as a salary and I then automatically get taxed on it! I've worked out a good chunk of change should be due over a couple of years but not sure what the best way to get this claim back is? My…
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CGT - Shares and Property
At some point in the future I will sell my BTL property which I have owned for a number of years. I will make a substantial 6 figure capital gain. I also have substantial capital losses on shares (which have been logged in my self assessments). Will I be able to offset the share losses against property gain to reduce my…
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Questions about my tax return
I'm just a sole trader so had a go at doing my tax return, seemed pretty simple -just adding up money in and expenses (including remaining van money 18%) but there were some questions about capital gains, disposal of chargeable assets and did you use the cash basis which I wasn't sure of. What are these? Ill see if the…
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Help with form P87
Hi, I wanted to claim for the extra electricity I'm using since working from home. Under the question Using your home as an office , is the total I need to put £312 ? for the tax year 20-21. (£6x52) also, it asks if the employer has paid any other expenses, the thing is on last payslip I had £15 as expenses paid and I have…
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Capital Gains on house sale
Over 30 years ago whilst still living at home with my parents I purchased what was then a council owned property at a discounted price. Since that time my mother has lived in the property rent free. My mother is no longer living there and I intend to sell the property this year. I myself have not lived there for over 30…
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Tax relief on new computer.
I am trying to find out if I can claim tax relief for a new computer. I am now working from home and need a new computer to do my work. I am a teacher and require the computer to do live lessons with students. My school does not provide us with computers or reimburse us for them. The computer I currently use is over 7…
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Tax reduction for Capital loss from house sale
I have sold my only house for a loss after owning it for 10 years in Scotland. The house was sold in 2018. The house was unoccupied for few months prior to sale and the mortgage was had permission to let. We lived for few years and had tenants after but not occupied for few months before sale. The question is, can I claim…
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National Insurance - "Year is not full"
How much does one need to pay in NIC to qualify for a full NI year? I paid c£1500 in 19/20 but having checked my personal tax account it says I have to pay another c£250 to make it a full year which, I'm surprised at.
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Paying back-dated tax
I went freelance 4 years ago this March and haven’t paid any tax during that time. For what it’s worth, I worked for around 20 years always paid tax but have avoided it since going freelance. It’s been a long hard road towards making my freelance business a success, but it’s now doing ok (I’m a sole trader). It’s now…
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SA Uk Intrest
Do I have to fill out/declare UK interest received? I think last year it let me avoid to hassle as it’s much less than £1000. Has it changed?
