FREE PERSONAL/SMALL BIZ TAX HELP. Self assessment deadline looming

logicus

To Tony Tesciuba, I understand if a self employed sole trader starts up a company, the first £10k to £12k are tax free; is this worth it if you earn say £20k as sole trader?(also private pension pays £22K I am 56 years old.
Joe

yezdi

I am employed fulltime on PAYE. So far I have not filed my returns. I do make regular contributions to charity. I would like to claim back some tax as I am a high rate taxpayer. How can I go about doing this ? Do I need to file my returns.

Jutta_2

I'm part-time self-employed as a translator and therefore use the Internet (at home) a lot for work. Can I put the monthly provider charge against tax in my self-assessment, and would that have any other implications for my tax return? Many thanks.

mnel

My husband worked in Dubai for a year (6weeks there, 2 weeks home) and I would like to know how this affects his :rolleyes: tax calculation? i.e. does he pay tax on these earnings that are paid in Dubai?
Thanksyou

colyoung

Hi

I get a car allowance from my work of £5500 per annum which is taxed through my monthly pay statement. I also get 15p per mile for business travel. I am also able to claim tax relief on the milage at 40 - 15 =25p p/mile (40p is tax office recommended figure)

Thanks in advance

Stentorian

Hi Tony,

I do self assessment for simple self employment. I gift aid some money to charity, so the charity pick up the tax directly. I also pay into a personal pension that recoup the tax direct into the pension account.

Do I need to add this information onto my tax form, or can I ignore it as the tax has already been accounted for?

Thanks,
Ben

esk_2

Hi I have just started part time self employed, I have two other part time jobs totalling 18 hours a week. When do the IR consider the date you start trading? Would that be the day you get your first customer/payment or is it the day you begin to set up? I had my first clients in late july and as it is a holistic therapy business it is building very slowly, and I have taken only a couple of hundred pounds. Will i still have to get a tax return in by 30th sept. Because of my several jobs I can imagine it to be very complicated and I dont feel I can deal with it all while in the middle of trying to start the business.

esk_2

Separate question )
I have been planning the set up of this business for some time and as I need a lot of equipment to start up and have no capital I have been buying stuff in for about two years and storing it ready to start. How do i go about claiming tax relief on this.I have reciepts for virtually everything but they will obviously have old dates on them?

Slim

About 10 to 15 years ago my 93 year old mother stopped sending in tax returns despite having some annual property rental income. Her records aren't in the best state but I'm attempting to work out for the last 5 years what her position is ie has she underpaid tax and by how much (she is registered blind so has this additional allowance). My question is how should I proceed once I have this information?
Many thanks for any advice.

esk_2

If I have two part time employed jobs and start a part time business, would i have to be responsible for calculating all three jobs on one return or would I remain on paye for the two small jobs and do a separate return for the business?