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Council tax on empty houses

Hi all, I wonder if someone can help please? Sorry if this is in the wrong area... I am currently selling the house I own with my ex. Basic gist is: Separated Mar 2012 House rented out from then until...

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Selling stock from old business?

I suppose this isn't strictly speaking a tax question, but I didn't see anywhere better to put this. I had a very small business for a few years making and selling handmade cushions etc. It was all...

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Replacing Storage Heaters With Central Heating in Rental House

If a rental house has an old immersion heater that keeps breaking down and electric storage heaters that do not give off much heat (and also keep breaking down) can the landlord claim the cost of...

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Selling my Business - Tax implications

I started my business four years ago. Three employees. It's a ltd company. I own 100%. I have an exclusivity deal with an Italian company on their product. Their CEO has just rung me up and offered to...

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CGT - inherited house and residence relief

Hi situation is as follows: uncle dies 2003 no Will leaving house to 3 members of family a, b, c family member (a) has lived in property all their life. family member (b) lived in property from before...

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Employee benefits which put me into a lower tax bracket

Hi All I have an option to 'lease' a car through work as part of our salary sacrifice scheme. I think this would be a good idea for me but I wondered if there was a further benefit if I took a more...

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Lump sum AVC, tax credit and income tax refund question.

My income/wages for 2013/14 was £27,358 with income tax paid of £3581. The wife’s income was £8537. Total household income £35895. In March I paid a lump sum of £17,138 into an AVC leaving me with a...

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Feeling out of pocket on my expenses

Hi guys I need your advice. I have recently started going away for my job. I am currently temping via Hays. I have already submitted 1 expense claim and I have another one to be submitted today. When I...

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Where to put Overseas dividend in tax return

Hi all, There does not seem to be a box for this. Anyone help please ? Thanks.

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Salary Sacrifice Sweet spot

Hi - am i right in thinking that if i plan salary sacrifice to take out the 100 - 120 income then the cost of that sacrice is 'less (40 + 20 (tax code recovery) + 2% nics + 6 ( employer shared nics...

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Always been PAYE

Dont know if anyone can help. My wife has always been PAYE but earlier this year she received a notice to submit self assessment for 2012/13 it has now got to the point where she has been fined 100...

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Rent a unit on industrial estate, not a business - business rates?

Hello, using my family members account to post, hope that is ok! apologies if this is the wrong board, please feel free to move it if it is incorrect, I put it here as I understand business rates are...

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Tax Day Made Easy

Hallelujah! Tax day is over. How did you fare? Was it a nightmare of searching through boxes of miscellaneous receipts, or did you just hand your box to your trusted ally, your tax accountant? If you...

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Trust funds

Does anyone know how to transfer cash into an existing family trust. Also can isas be sheltered in the same trust? What are the mechanics of it-does anyone have experience on this subject?

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Partner now has 2 part time jobs, advice needed.

Hi, My partner now has 2 part time jobs, her earnings for both are very similar (£5100-£5200). Am I right in thinking that she needs to ask the tax office to split her allowance between both jobs? Any...

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Claiming for Hairdressing equipment?

My partner has worked in a salon since 2000 (starting as a junior and now a hair stylist) she has never claimed for tax relief on anything. My brother recently advised her that she could claim for work...

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Both Self-Employed - Tax Cutting Advice?

Hello all Seems like this is the right place for tax cutting tips and advice, so if anyone has any thoughts on how to cut tax in our situation I'd be greatful. I've been self-employed for 3 years....

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Inheritance tax question

Hi all, My mother died in 1994. Everything she/my dad had was in joint names. If my father should pass can both allowances be claimed or has my mothers demise been too long ago ? Estate circa 650k....

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Corporation tax: How to complete "Statutory Accounts Notes"

Hi - I am doing the first year's accounts for my new limited company. It is a very simple computer consultancy business: 50k of income, 1k expenses all put through AIA for immediate write off, and no...

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Do you know how much tax the rich and poor pay?

Try this test I got 4 out of 8 correct

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