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Transfer property to wife...yes or no?

Hello, folks, here's the situation. I'll try to be brief. At the moment my wife (of 18 months) and I live in a flat in Scotland that I am the sole owner of. I have lived there since purchase (£52k) in...

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Husband transfering house to wife

my husband I have separated. He is happy for me to have the house. Now this where it gets complicated. He is happy with half the value of the house. Approx 60K. he has approx 20K in cash from me. So I...

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BIK Loan

Hi, Sorry if this is the wrong board. I'm looking at taking a loan from my employer for £7000 at a preferential interest rate, my question is do I pay BIK on the whole 7k or just the 2k which is above...

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Capital Gains Tax?

I will cut to the chase. We are taking a stake in my sister in laws house, basically buying her husband out. This is from savings. Clearly, not that I do not trust the lady, however if anything...

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VAT when cancelling holiday....

Hi guys Due to unfortunate circumstances we are having to cancel our family Centerparcs trip on July 22nd - I paid the insurance but it doesn't cover our circumstances, and have appealed to them to let...

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Do HMRC often get tax calculations (owe them money) wrong?

My mum had a letter the other day stating in August 2012 they sent her a P800 Tax Calculation for the year ending 5 April 2012. They say that my mum owes them tax of £394.70. In short, she's never had...

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Claiming tax back from 2011/2012

I've had some really useful advice from here before, so hoping someone can help me out! Bear with me, it's a bit complicated and long :( I got my first full-time job after uni in July 2011, but...

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Understanding Tax Rebate

Hello, I have some questions about tax rebate and can't really find answers that easily in previous posts. Last year, in August I got a letter from HRMC about Tax Calculation for the year 2009-2010....

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Incorrect tax code

Hi, I wonder if anyone can help. I have been doing a check up on my finances and noticed I was down about £200/month to what I should be taking home. I checked my payslip and my tax code is 536L which...

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Tax on Joint Savings

My wife and I want to set up a new joint savings account. I will be receiving a pension of less than £9,000/year, and she still works and earns about £26,000/year, Can any interest earned be declared...

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overpaid tax due to taxman's error

Due to an error on HMRC behalf I have over paid tax for the last 6 years. They have refunded me only 4 years because they say they can only refund up to 4 years. As the error was theirs is it worth my...

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second job tax / freelancing

Hi all, just looking for a little advice. I currently work in a full time role earning £21,000 per annum, I have the opportunity to do some freelance work for an old employer and one of his friends,...

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I think I've over paid tax

Hi, This is my first post and hopefully it's in the right place and someone can help me. I've recently had a pay rise and was given a company car, so naturally my tax code has changed and this is the...

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Tax Refund Notification is this spam

Hi, just looking for some advice,has to whether the following Email i have received is spam or not.the only Application i have sent to the Tax office is Claim for washing my uniform at home, Dear...

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TAX: Letter of appeal? Is it worth it?

Dear People of Tax Knowledge, I have posted regarding this issue before. However, I have more information that will enable greater clarity on the matter at hand. I have today received two Self...

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Tax on interest - PPI reclaim

Hi guys, I should probably know this, but I never dealt with individual tax affairs of one item so I better consult with someone on here... My dearest OH just won a PPI claim. I went mad when I found...

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Extra-Statutory Concession A10

Looking for an advice on this one, any comment is welcome: I have a vested benefits account (Freizügigkeitskonto) in Switzerland related to an overseas pension scheme from an employment outside the UK...

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Tax rebate/refund

There are 6 of us who use the same accountant and at the same time our tax returns were submitted. The tax office sent payments out to my 5 colleagues. Mine however did'nt arrive and my accountant said...

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Tax Employment Tribunal

I was a self-employed worker and I took my former employer to an Employment Tribunal for unpaid wages and won. Because I am self-employed I have to complete a self-assessment. Do I include the money I...

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Double taxation

Hi, I'm in need of some help to work out what my tax will be for this year. I've just started a new job overseas in Libya (30 days work in Libya and 26 days off in the UK on a rotation for the full...

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