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Company car benefit tax for old job - refund owed?
Hey all, I left my last job in Sept 2023 and started my new job on 2nd October 23. I had a company car at my old job, but access to a pool car in my new job - which I'm not entitled to use for personal use, or to take it home at night. I happened to notice on my HMRC app this morning that under my current employer, I have…
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Disaster Marriage Tax Allowance HMRC Claim
OK. This marriage tax
allowance claim has been a disaster and I probably have to blame myself for
this. I thought the HMRC online marriage tax allowance form would ensure
the figures we entered for my partners details meet the criteria for transferring
the allowance over to me or stop it from being processed, if we were…
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Are savings counted as income for marriage allowance upper limit?
Hi, Long time lurker but finally a question I cannot seem to find an answer to already. I was planning to transfer my marriage tax allowance to my other half for this tax year. I will earn well below the tax threshold for thiis year, however other half is at top end earning £46k gross pay a year (however does salary…
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Tax code/interest
Im confused about why tax code has been reduced to 1050L P60 income for 22/23 was £10444 tax code 1238L and savings interest £470 P60 income for 23/24 was £10882 tax code 1226L and savings interest £1830 logged into HMRC to check NI and realised that in November tax code was reduced to 1085L and has been reduced again for…
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helping elderly relative with tax return
I have an elderly relative with dementia. She needs to file a tax return for interest on savings. I seem unable to register her for Government Gateway as she has only one form of ID. So cant register myself as a Helper on my Gateway as she need to accept me. Any Ideas?
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Capital Gains Tax
-My husband and I are in the process of selling our rented flat. It is SSTC, early stages. I estimate we will make a capital gain of around £12000 between us. ( I have taken off buying and selling costs, plus the current CGT allowance of £3k each). The flat is owned as 50/50 Tenants-in-common. My question is, when do I…
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Surprise inheritance of house in Spain but need advice.
My stepmother passed away earlier this year. She and my Dad were happily married for 30 years and she had no children. (My Dad passed away in 2021). They lived in Madrid and she owned the house they lived in. I have recently found out that she has left me the house in her will which has come as quite a shock as although we…
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Married couples allowance - cancellation issue
So, as my wife is now a tax payer due to the threshold not being raised, We have gone onto HMRC page to advise them of this as good citizens so as to pay tax accurately for the 24/25 tax year. System has noted this and applied it, but it wont take effect until the next tax year 25/26. Why can they adjust it now? I would…
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lifetime leases and inheritance tax?
The market rate for a lifetime lease is typically 50% of what you
would pay if you were buying outright. Consider a situation where a
son owns a second home worth 400k (mortgage free). He sells a
lifetime lease to his mother for this property who is in her 80s for
200k. She then dies within 1 year of purchasing the lease.…
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Final tax return question.
Hi I stopped self employment on the 5th Dec 2023 (HMRC has been informed) I normally put the 5th April date for when your books or account is made up to. Do I need to change this to the 5th Dec?
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Tax return and allowance for year of death
My dad died early in the 2023-24 tax year. My mum is still alive. They both had to do tax returns - due to foreign income - which I have done for the last 5 or so years. Based on their income dad had to pay a bit of tax but as they were married decades ago they could transfer mum’s unused allowance to dad and there was…
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Error on HMRC calculation on old fiscal year
Hello everybody, I am wondering if you are aware of any issue with HMRC data recently. In the tax year 21-22 I changed job few times and one of my company did messed up with my tax code. I had to repay HMRC 7K more or less of unpaid taxes. That calculation was correct and I repaid everything correctly by December 22. in my…
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Tax on savings interest and the PSA (Scotland)
My question is about higher rate tax, pension contributions, and the personal savings allowance. Sorry I know that similar questions have been asked many times, but I can't get my head round it at all. I'm a Scottish higher rate taxpayer. For round numbers, let's say I have £51k income from employment + £2k savings…
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First time self assessment and needs a paper form
A friend of mine will need to do a self assessment return for the first time in their life and we have a couple of questions as it's been many years since I've needed to do one.1) What is the best way to get a paper version of the SA100? The webpage says that you have to phone and ask for one, but I wondered whether my…
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What will my tax be when renting my property (links to Tax Calculators appreciated)
Hi there - reluctant landlord here - I moved in with my partner and now renting out my flat. I've been looking online and various landlord tax calculators have been giving me different figures. Just wondering if anyone here can help me figure this out, or point me in the direction of a decent landlord tax calculator.…
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Non Coded Income - revived thread
Re - https://forums.moneysavingexpert.com/discussion/5980536/non-coded-income The above and other related threads have been closed, though no indication if the OPs and others got their NCI removed ? A few years ago we found we had some NCI showing and spoke to the tax office and the guy could not say what it was, even…
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How to pay a non self assessment retrospective tax bill for 2020/21
In my personal online HRMC account I received the message below on the 1st February this year stating that I owe some tax for the year 2020/21. I accept that I owe this money (for untaxed interest) but cannot figure out how to pay it. If at all relevant, I did not fill in a self assessment form for this tax year. I have…
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ESA & TAX
I receive contribution based ESA from July 2023. I received £259 every two weeks on the support group . I also had £20,000 per year rental income . I know I need to pay tax in the rental but do I pay tax on the esa , is so how do I do it . I have logged onto my HMRC account and it says ESA income £0 .
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Tax situation on housekeeping money for a couple that re not married.
With all the various tax allowances for married and civil partner relationships I am curious to know what is the situation for couples that are not married where one partner gives money from their salary to their other half for housekeeping, the other half not working and taking a small work pension of e.g less than £100…
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HMRC portal says tax paid is correct for 2023-24
I retired one month into the 23-24 tax year and now have a civil service pension. I believe that have paid about £3k too much tax, but the HMRC portal says it is correct. There is no access to a detailed breakdown other than for 24-25 (where the estimate is only 50% of the sum I paid up to end March 2024 - so likely to be…