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Past Expenses Not Claimed
Hello, I changed employer last year and recently found some old expenses that I thought were lost, which were never claimed with my previous employer. Can I use Tax Rebate for those? Thanks
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Reporting income through stripe
Hi, Filling out my tax return and got a question on income paid but via stripe. As an example: If I had for example £10,000 income but customer paid via Stripe and their fee is 1% so amount going into account is £9,900 do I show income as £10,000 with £100 of expense or do I just put income as £9,900. Thanks
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How do I get out of doing future tax returns
For a good few years we have had to do tax returns to cover dividends, foreign earning and CG returns from what we’re substantial general investment accounts, but I am hoping the return from the last FY will be the last. We have now run down those accounts to zero through spending some of it and annual maximum transfers…
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Buy or lease an EV through my Ltd Company
Hello, would any of you incredibly knowledgeable folk be able to help.. In the last 6 months I have set up a ltd company and need a car, both personally and for business (don't currently own one), with an expected 1000 business / 4000 personal miles p.a. My company t/over is an expected £100k p.a. with very low costs,…
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marriage allowance transfer - do we need to undo it now?
We applied for the marriage tax allowance transfer a couple of weeks ago after reading about it on here, worked out that we ticked all of the boxes, and backdated it 2 years in the application. Cheque received today which is nice. However although she as been just under the tax threshold for a few years, my wife has today…
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Employment information missing from Self Assessment?
Hi all. I usually file my self assessment return online around October but due to SEISS I wanted to check how that was working on the return I logged in today to see. I also have a PAYE job and on the employed section is normally states my employer and all the relevant information regarding my employed earnings is already…
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20/21 Tax Return & SEISS
So with the above I was expecting the SEISS payment to be added to my revenue as a stakeholder and be part of my gross with a potential of being taxed on it if the threshold was breached. However when i went in to complete my return it seemed to be just declared but not added to my meagre annual gross or net after…
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Stopping Uniform tax rebate
A colleague has changed roles and is no longer eligible for the uniform tax rebate. How do they stop it?
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Tax paid on Seiss grants
Hey all :) that time of the year again. I'm not sure if this is posted anywhere else, sorry if it is. I'm trying to work out my return I've submitted my figures and such just waiting now. I was wondering, does the self assessment tax return automatically reduce to pay the tax due from seiss grants or would I need to pay…
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SERPS and pre 97 extra pension
When I first got my state pension in 2014 my wife was getting £4more than me but she is now getting £2.50 less. The difference seems to be the pre 97 extra pension. She got £8 in 2014 and I got £1.65. She gets £8.89 now and I get £8. (I get amore GPS but the difference there is much the same). I have looked at the rules…
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Foreign pension
I have been trying to get an answer from HMRC webchat and phone for hours, but no response. So i wonder if anyone here can help.My wife is 67 and get £74 a month from a Canadian state pension. Its not taxed in Canada so we should pay tax here & it looks like we should do a self assessment. But as we get older doing self…
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Petrol allowance driving to and from train station
Hi - I travel to 10 different construction sites over a ten day period. Some I drive to, other days i travel by train. I've been told that i can claim back the difference between what my company allows per mile (12p) and the HMRC allowance of 45p. My question is - can i claim for the journey to and from the train station…
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Tax code query when combined earnings are over 100k
Hi All, for the first time my combined earnings will be above £100k, and will be in future years hopefully. I do self assessment. long story , but I will be receiving a salary approx 80k , and a pension of approx 30k - so combined 110k. When i check my tax codes for next year - My pension has been given a 40% tax code, no…
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Correcting Wrong Tax Code
I would appreciate advice on how I might get my tax code corrected. I applied the marriage allowance and then cancelled it some 2 weeks later. The inland revenue are now suggesting that I owe £1500 in underpaid tax and adjusted my code to collect! I have spoken to them via the phone twice ( 50 minute wait). Apparently they…
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Verify nightmare
ok so passport ran out, want to use driving licence, its keeps saying driver number incorrect format, well theres only one way to write the drivers number in section 5 so what the hell are they talking about, cant get through to hmrc at all, trying for days, anyone an idea if they are asking for a different number than…
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Gift Aid Payment 'Addition' on Tax-Free Amount (which figure)?
Hi there, Sorry if (a) this is not the right board for this question and (b) my searches of the forum for whether this particular question has been answered before was not as thorough as it could have been. I'm hoping you could advise me which specific figure is captured on one's personal tax account, in the Additions…
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Working from home tax credit
Hi does anyone know if you can claim this tax break from HMRC if your home is classed as your base ? Work do not pay towards any electric or other costs but any travel expenses are paid from home so mileage etc is claimed from home to wherever they travel. Thanks !
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Claiming Mileage
Ive been working form home since 23rd March 2020. However on the odd occasion I had been asked to travel out to a different location. I can only claim for that mileage less than the amount I would normally travel to the office. I have been told if I work less that 40% of my time at my original office, I should be able to…
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CGT question
Hi, I bought my first flat in 1997. £51k Lived there for 4 years then my circumstances changed and I have let it until a year ago when I lost my tenant so I have been refurbishing it for sale or further letting. I haven't decided which yet. If I sell, what are the tax implications? I have looked at on line calculators but…
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Overpayment of Tax / Tax Code Change
Sorry if posting in wrong bit, but I received a Tax Code Notice from HMRC today. I am monthly paid by my employer via PAYE system. I work full time and as such, pay NI and Tax. The company has an accountant that sorts out the salary. I earn under £21000 per year :( So I don't understand how I can owe HMRC £88 and I…
