Tax code on PAYE - who is responsible?
Hi, Back in 2008 I started a new job, with a new salary, which moved me between tax codes. As I had no previous salary reference, and paid little attention to the tax code on my wage slip as I was...
View ArticleHow do I convince the tax man I didn't get paid 42k for 10/11?!
How do I convince the tax man I didn't get paid 42k for 2010 - 2011? The Tax man thinks I got paid 42k which is 20k more than I actually got paid. Obviously I only paid tax on the 22k I actually earned...
View ArticleOverpayment of tax credits ten years ago
Hi, someone I know has just been contacted by the Tax Office saying that in 2003/04 they were overpaid tax credits and the taxman is asking them when it will be paid back ! They were told by the tax...
View ArticleStamp duty on share(s) - Probate
Hello I hope someone can help: I am in the process of trying to transfer some shares into my name after being granted probate. I can not work out if I have to pay stamp duty or not, from what I read...
View ArticleCGT on Inherited House
Hi Guys, My Nan is currently in the process of rewriting her will to leave me her house as I am her only surviving Grandchild and my father is no longer alive. The house is worth in the region of £200k...
View ArticleTax on rental income
Hi, I am in full time employment with salary of £35,200. I am about to start buy to let. I just wonder do I have to pay 40% tax on profit of rental income as part of my income will be charged at 40%...
View ArticleWill I have to pay customs charges?
First of all I'm not sure if it's in right section this but if it is then hooray me :) Ok I want to know if I'm going to have to pay ANY fee for an item I might get sent by a friend soon from America....
View ArticleAccountant's liability
Hi. I have an accountant, but if he makes a mistake on my self assessment form or gives me the wrong information (such as what I can claim for) whats the feasibility of getting any HMRC fines off him?...
View ArticlePAYE Tax Code 2013-14 help
Hi guys, Quick question, can anyone tell me roughly what my Tax Code will be for 2013-14: I have an underpayment from 2011-12 of £601 being collected through my code. I also have additional allowances:...
View ArticleTax cedits , can you take off pension from earnings ?
As header, when you submit your earnings can you take off payment for a company pension ? Eg earn £25k and pay £1.5k into a company pension , so you declare £23.5k as earnings , or do you have to...
View ArticleFuel efficient cars
Just a quick question. I am reasonably sure that I am not missing something but the capital allowance regime appears to have gone through many changes since I ceased practice about four years ago! It...
View ArticleImporting Foreign Currency
Hi, obviously you can tell I'm new here as this is my first post and thread. I was wondering if I was to import foreign legal tender coins (American coins, the reason being the Post Office and Bureau...
View ArticleTax Liable on a property sale ???
Unsure on the following tax implication... A friend of mine has asked but im unsure so i though i would ask! Scenario is: Grandparents bought their council flat. Their children raised themoney and paid...
View ArticleWorking in Jersey
I am just about to take up a new job in Jersey working for a global legal services firm. I will be 100% based in Jersey and will be living there. I will only do the odd day back in the London office...
View ArticleProfits from Club sale
Hello everyone. I am a member of a non profit sports club which decided to sell their land. Each full member will receive an equal share of the overall sale. We could potentially get £40,000 each. Can...
View ArticleFunding children in University with shares
Help! I have been saving for a long long time to help fund my daughters at university. I have one going this year and one the next so 2 years of both of them away at the same time :eek: I've been...
View ArticleRental Property Income.
Hi all, My mother has a rental property which my husband and myself manage on her behalf. The income from this property she has decided to gift to myself. She has payed income tax on this money for...
View ArticleTax on 1 year in Australia
Hi, I am currently working as a higher rate tax payer in Australia. I left the UK in Feb 2012 and will return in March 2013 having visited for a week in November. This was a planned 1 year contract...
View ArticleTax on work allowances after 2 years - advice please
Hi guys, hope this is the right section... I'm after some advice please. I get paid, on top of my monthly salary, an allowance of £200/week (grossed up for tax) for working way from home. My...
View Articletax code conundrum
wondered if anyone can help with a tax code as unsure if it is correct I had to retire early through ill health and disability I have a work pension and a private pension plus contribution based...
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