Should I have paid tax?
I am over 70, retired and have pensions totalling £11762 per year. One of my pensions was paid into my bank account on Friday and it was £52.91 short then on Monday I got a payslip from my pension...
View ArticleTax on account and calculating how much to put away
My wife has been self employed for a few years now. We've tried and failed to calculate how much to put away each month (ie: to cover tax, ni, etc) for the last two years running but got it badly wrong...
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Almost a million people miss the self-assessment tax deadline - MSE News
Just under a million people missed last Friday's deadline for filing their self-assessment tax returns and will face a fine of at least £100 - here's what you need to do if you haven't filed yet......
View ArticleTax code - Deductions
Hi Everybody Loooking for some advice if possible please? I started a new job in June with a company car, last month I had a letter from the HMRC to say I owed £699 in tax for under payment of car tax....
View ArticleElectric car: Buy or lease company or private
Newbie here, please handle with care! Is it more tax efficient to buy or lease a new Tesla Model 3 via a ltd company and is it better to out it through the business or own it privately and allow the...
View ArticlePotential Inheritance Tax issue?
Hi, I'm seeking advice re inheritance tax and I hope this is the most appropriate forum. My partner inherited £90k+. We wish to pass this on to our two children. We have invested it in an easy access...
View ArticleTax on multiple jobs
I am not sure if I am posting in the correct thread, but will appreciate some guidance or signposts to below: If someone is in a full time employment and wants to have another source of income through...
View ArticleDisguised remuneration and demand for loan repayment from lender
I was previously involved in a disguised remuneration scheme (14 months total and not particularly high paid compared to some others - payments totalling approx. £31k plus interest). These payments...
View ArticleCGT - Transfer of equity and deeds
HI there, I need some advice or guidance please. I have gone through a divorce and we have a joint property. My ex is buying me out so I will get 60k from the property. Bit of info on the property, we...
View ArticleTax advice - Should I be paying tax whilst renting out a room in my house?
Hello all, Thanks for any help you are able to give. I own a 5 bed house and currently rent 2 rooms to my best friend and his wife. I'm only back at the house on weekends as i'm in the military, so...
View ArticleP60 is not showing payments
Hello all, During the financial year 2018-19, my employer was paying £250 per month towards the parking for myself. It was coming out of my gross pay and it was paid for 6 months. I was going through...
View ArticleCouncil Tax summons but no reminder
In December, my council tax direct debit bounced. I got a letter from them telling me that theyd try to take it again after 5 days, and if that failed, Id be liable for the entire bill. Fair enough....
View ArticleCash gift from abroad
My widowed, elderly dad recently sold his flat abroad (in China) for ~ £100k. He a UK citizen, domiciled here and wants to transfer the money back to the UK and give it to his children. Would this...
View ArticleBank charges/interest on personal ac & calculating allowable expense?
Hi there, can anyone advise me on a slightly complicated question - Ive read that bank charges andinterest are an allowable expense, and also that this is the case even if you only have a personal...
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