Percentage of funds to keep to the side?
Hi All, I am soon to be self employed, I will be working for a company and will be paid each week and its a commission only income. I am expected to earn above £30k, What percentage of income should I...
View ArticleMethods For Avoiding Tax
I'm currently self employed and am working both as a freelance writer (for multiple clients) and as an analyst for a company (I invoice them on an ongoing weekly bassis for £350 per week) So my income...
View ArticleSalary sacrifice- does my employer have to offer it?
Hello, I work for an employer who is burying its head in the sand as regards pensions- the company is small enough not to be obliged to offer Workplace Pensions yet and any enquiries about it are met...
View ArticleTax rebate on redundancy payment (over 30K)
I left my job at the end of June last year. I paid a lot of tax on my redundancy pay (because it was over 30k). I was under the impression that I would possibly be able to claim some of it back. I...
View Articleall wages gone to PAYE!! :(
Good morning, I hope this is the right place for this. I am after some advice re PAYE. I work solely for an nhs agency on a zero hour contract,I get paid weekly. My tax code last week was 970L, I...
View ArticleMy Employer Asking Me To Pay Tax On Company Car
Hi, my problem is as described above really, I was never informed at the time of employment (14 months ago) that I would have to pay tax/money towards the car, and haven't been told so since until I...
View ArticleCutting tax
I am over 67 and plan to retire next tax year. I can arrange to have a normal income less than £10,500 and savings income less than £5,000 and, thus, I pay no tax and my marginal rate is zero. I...
View ArticleBudget; transferable personal allowance and 0% savings tax rate.
Does anyone think that the proposed £1050 personal tax allowance transfer between spouses will be able to be added to the calculation for determining 0% savings rate eligibility , thus making the sums...
View ArticleCouncil tax on two homes
My wife and I have separate homes, hers in the South and mine in the North. She has her dentist, doctor and hospital in the South and mine are in the North. Likewise her furniture and most of her...
View ArticleChild Benefit - have I managed to retain it
Hi All, Hope I have the correct Forum. I normally manage my affairs so that my taxable pay plus savings interest does not exceed £50k so that Mrs CTFC keeps getting Child Benefit. I do this by making...
View ArticleInland Revelue -asking for TAX on Bereavement Payment (but its non taxable)
This thread has been moved to the other forum section. Check there: http://forums.moneysavingexpert.com/...2#post65041112 Quote: Bereavement allowance Lump sum (Non taxable £2000) has been Taxed!...
View ArticleOAP tax
hi iam a 66 year old man who has been retired six months, I have just had a tax demand for £98 for unpaid tax and have been told that I will have to pay tax on my state pension which is my only income...
View ArticlePensions and tax
I wonder if anyone out there could help me with this matter. My 86 year old mother receives £4509 State Pension pa, £987 private pension pa plus a War Widow's pension which is non-taxable. That gives...
View ArticleNation of tax residency: France vs UK vs USA
I have some complicated tax issues arising and first of all I need to work out which country I am a tax resident of and when. I hope someone on this forum can either recommend a professional adviser,...
View ArticleTravel and subsistence
I've been in employment through a recruitment agency for several months now and was automatically opted into a travel and subsistence scheme. Initially i thought nothing of it as my net pay was...
View ArticleRegular gifting
My mothers wealth is very healthy but well below IHT After accounting for all expenditure she has surplus income every month of appx £1500 (she has a very healthy private pension) She is 90 & a...
View ArticleCGT advice needed (selling rented property)
Hi all, Just wondered if anyone was able to provide advice as to how much CGT I may be eligible to pay. I have used an online calculator, and also read a few articles, and the amount varies very...
View ArticleP87-over £2.5k
Hi Just working back over the past four years expenses, I currently receive less than the 45p per mile. However in year to 2012, I end up with almost £4k in expenses. Will I need to complete a SA? Or...
View ArticleTransferable tax allowances
I assume that HMRC will not "automatically" adjust an individuals tax code to allow for the extra £1050 transferable tax allowance, come 2015/16 ? I assume that we will have to apply for it ? This,...
View ArticleHave I got this right?
Just want to check that i've understood correctly. My gross salary is £65k (numbers rounded for convenience), i've made £10k in salary sacrifice contributions to a pension scheme and £4.5k to a SIPP....
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