📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

New Arrival Personal Allowance?

Hello

I came to the UK in Jan 2013. This is my first time here. I started working self employed on 25th Jan 2013.

Yesterday I have just got my national insurance number and now I am ready to register for self assessment.

I have earned approx £2200 so far (by 5th april maybe £2700).

Few questions..

Will I get personal allowance for 2012-2013 or do I owe 20% tax on all earnings so far?

I intend to stay in UK (my plans are not fixed at the moment), so from HRMC website I'm classing myself as resident, however should I decide to leave midway through 2013-2014 tax year would I lose all my personal allowance and be taxed on all income?

Thank you for any advise.

Dace

Comments

This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.4K Work, Benefits & Business
  • 599.7K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.