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Tax code changes - Looking to make some sense
Hi all, I received a tax code notice in January 2025 and another tax code notice a few days. I'm trying to make sense of both of notices and understand them, especially the adjustment for tax amounts. If anyone could please help, that's much appreciated. January 2025 tax code notice - for 6 April 2024 to 5 April 2025…
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Not able to access HMRC online services
I don't have a computer or mobile phone. On a library computer, I can enter government gateway user id and my password, but I can go no further because I cannot receive the access codes that HMRC want to send me by phone. If I am understanding this correctly, I am supposed to tell HMRC online by October 5 if I need to…
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Adjusted net income and child benefit
Dear all Do child benefits count towards adjusted net income with regards to hitting the £100k threshold for reducing personal allowance. There seems to be conflicting advice on the HMRC website. I am trying to work out whether I need to make extra pension contributions or not as I am only just over the threshold with…
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Another Annex Council Tax question
We have a detached Edwardian garage (one room with open staircase to a low-ceilinged room above) in our garden, which was crudely converted into 'living accommodation' by our predecessors. It was first assessed as Band A for Council Tax shortly after we bought the property, and we have dutifully paid it ever since (11…
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Being Tax Efficient with Bonus
If I get paid £132 + 25K bonus - what is are the best tax efficient decision I can make (I guess pension contributions are the best option) Thanks everyone in advanced!
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HMRC marriage query
Hello, I married in 2023 and have never updated HMRC…. Didn’t know i had to. Name changed with banks and current employer. New job offer and just completing onboarding forms but just realised my NI number will not match my new name - is this going to be a problem before i need to start this job in a couple of weeks? Should…
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Paying tax when transferring investments
Hi there I have an equity investment that I bought in a year when I had already maxed out my stocks and shares ISA allowance and didn't have a pension product I could pay it in to. Now I would like to sell them and put some in my pension and some in next year's ISA allowance. The company (Vanguard) says the process is that…
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HMRC Interest calcs
Trying to help a friend but struggling a little... In January 2024 when filing their Self Assessment they'd messed up and had failed to save money to pay their tax bill. They agreed a repayment plan with HMRC of circa £750 a month with a slightly higher payment in December as the final payment. Obv interest was added with…
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Car Lease Tax Question
hi i have a small ltd company, just me providing a service to my clients. On average it takes £50k-£60k per year with very little overheads. I run my own personal car to visit local clients so probably do 6k miles per year, i used my personal car when i set up just over 3 years ago as i didnt want to buy anything newer…
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Trading Losses
Hi, Just wondered, I made a loss of £26,000 when buying and selling shares, in the tax year 2022/23. Is that anyway I claim some kind of back for this loss. TIA Johnboy
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Pensions and salary sacrifice
Hello, I will have just tipped over above the 50k tax bracket this tax year to about 51.2k due to a bonus. My wife only earns around 5.5k a year and is in receipt of child benefit for our son. I pay a salary sacrifice pension of around 2.9k a year. Do the HMRC automatically take this pension payment into account to reduce…
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Inheritance Tax on Franco-British Estate
Hello. Hope someone can help. My mother sadly passed away recently in France. She was French and domiciled in France the last 20-odd years but previously lived several decades in the UK, where she was married and had children. This included about 25 years where her main residence was a house in which she had approx. a 60%…
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annexe council tax
We bought a hose 18 yrs ago and converted the double garage for family abroad to stay in when they visited. It is no longer needed for that purpose, but my elderly mum has been diagnosed with dementia and may need it in the near future. I have been charged the second home council tax for it which equates to over £3k a…
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HMRC self-assessment/child benefit website - help me, I'm a doofus!
*Warning* - plonker alert. Short version, I'm a public sector employee that pays Income Tax on PAYE. We receive child benefit, but I wish to pay back what is owed due to my salary this for 2023/24 and this year. That's a given, no sweat. HOWEVER, I asked a colleague how I go about doing this and I was advised to do a…
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Tax Code changes and HMRC no knowledge of SA returns
My mum has had about 5 tax code notices in the last 5 months. The latest one is for the tax year 25/26.On discussing with HMRC they explained about the untaxed interest.The problem I have is that mum has been submitting self-assessment returns for over 20 years. Admittedly in the submission for 23/24, we undercounted the…
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Help understanding tax code calculation
I've just received notification of my tax code for 2025/26 but something I don't understand is this: "Note 4 Tax you owe (earlier year) We previously told you that you owe £360 tax from an earlier
tax year. We have therefore included an adjustment to reduce your
tax-free allowance by £1333 so we can collect the £360 tax…
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Allowance towards travel expenses - taxable?
Hi. My wife is not employed but has been asked to travel to Dubai next month to participate in a conference as a speaker/moderator due to her expertise in a certain area. The firm organising the event have said they will pay for her flight and give her £1,000 towards accommodation/subsistence while she is there (around 3-4…
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Self assessment fine HICBC
Hi, For the first time ever, since 2022-23(PAYE all my life), I have had to submit self assessments due to the HICBC. I have just received a letter from HMRC regarding 2022-23(which I thought I'd submitted) being late and I will be fined. Regarding the 2022-23 self assessment, I think when filled in the online form I've…
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Self Assessment refund not yet received
Just before Christmas I completed my return for the last tax year and it calculated a modest refund of around £250. My recollection of previously completing my returns is that bank account details were requested as part of the return but this time around it invited you to apply after submitting which I duly did. With…
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Late mother over paid tax
Hi, HMRC has recently written to me to tell me my mother had over paid tax on her pension. The amount was around £500. When I've checked, she only had her state pension (£13025.61) and works pension (£1620). Tax should have been on earnings after the PA of around £450. I'm confused why the works pension was deducting over…
