How to pay tax on cheque payments
This may seem really obvious to some but I can't find the information anywhere. It's not really cutting tax but trying to pay tax - not a place on the forum for that! I'm employed full time with one...
View ArticleLetter from HM Revenue
Just got one and not opened yet as she's so nosey :mad: So anyone else had one with the following on and care to give me a clue as what to expect when I open it? Front of envelope has on it env 276 ndu...
View ArticleHMRC stupidity
When I submitted my tax return recently, I signed up for the option where you get email as opposed to postal notifications - reminders to submit for example. Not long afterwards, I got an email telling...
View ArticleIHT Question
All, A simple question. I'm married with kids and own my own home, the house is under my name and me, the wife and kids live in the home. Will the house be hit with IHT or will it be exempt under...
View ArticleSelf Assessment when to fill in
I have received my Unique Tax Reference in the post and I'm ready to fill in my self assessment. My understanding was that I would do this straight away as soon as I had received the UTR. However, the...
View ArticleVAT Refund and other Tax related stuff
Hi Guys I have recently started a small business venture, well its a football website for my local team. So its essentially non profit but doubt I can call it that as I plan to do a line of merchandise...
View ArticleSelf Assessment - when and how do i pay?
Hi All, I have a query around self assessment. I have recently submitted (yesterday) my self assessment tax return. I know I need to pay the tax bill by 31st January, but how do I go about doing this?...
View ArticleIR return for inheritance tax re charitable gift
As executor, Im preparing the IHT return for an estate, which includes a charitable gift valued above the qualified minimum 10% of estate. The estate components are (in round figures): House £238000...
View ArticlePaye and self employed
Hi All Just a quick question I am hoping someone can help me on, I have tried to look on the hmrc website but cant really work it out. Job 1 is paye and earnings are approx £9600 per year Job 2...
View ArticleUnion Fee tax refund question
Hi all, I'm a UCU member and claimed for 4 years of union fees back in 2012 - since I'm pretty sure they adjust your tax code as part of the process, is there any point in putting a claim in for the...
View ArticleSole trader vs Ltd company
Hi, My girlfriend and I have purchased a run down property to do up and rent out as a long term investment. We both have jobs (40% tax) and plan to mortgage the property once it's complete so we can...
View ArticleVAT on Travel Expenses - LTD Co
Hi, I'm just wondering, about this. I'm a self employed contractor/Consultant (LTD Co.), VAT Registered. I work for X at one of their clients in Northampton. The Client (My Clients Client) now requires...
View ArticleAdditional income
I have a regular job with an annual salary of £40k. I pay tax as normal through my employer etc. I now have an additional income seperate from my day job earning approximately £1,500 per month. What's...
View ArticleUnsure if 40% rate applies, childcare vouchers
Hi all. I've searched the forum and read many threads about childcare vouchers, but can't find the same situation as mine. My income is as follows: Salary: 29120 Car Allowance: 5100 Fuel Card: 2000...
View ArticleBad Accountant- Penalties in excess of £2000 last 3 years
Hi, Having a bad experience with my accountant. I have been penalised over £2000 in last 2 years due to late filing of returns, accounts and paye by companies house and hmrc. Some returns and filings...
View ArticlePAYE and NIC question?
I started to working in October 2013, when the tax year end at April 2014, I earn £8400 during 2013-2014 tax year, on my payslip showing average I paid over £200 a month on PAYE tax and NIC combine, my...
View ArticleCompany car tax question
Just wondering if someone can help with what is probably a simple question. I have had a company car for the last 3 years which I gave back on 11-10-14. My taxcode was adjusted to 717L and I presumed...
View ArticleInterest Only Property
Hi, I have a flat with an interest only mortgage. Is my understanding correct that I can deduct my monthly mortgage from the taxable amount? I am only paying interest every month so it should be...
View ArticleCouncil TAX VICTORY & Last years PAID BACK AS WELL!
YouTube Council TAX VICTORY & Last years PAID BACK AS WELL Some good information for those fighting council tax. As always do your own research
View ArticleIht & cgt?
Hi, I would appreciate it if someone could advise me on the following; When my mother passed away, she left me a plot of land - just under 1 acre. The solicitor calculated the land value at £3000 when...
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