Capital Gains Tax (CGT), house
I am buying a house that I intend to rent out for a year, while still living with family. Declare the rental to HMRC. Then after the year move into the house myself. I don't own or will not own any...
View ArticleIncome on a Rental Property
My wife and I currently have £62K outstanding on our current Mortgage. We are looking to purchase another property and rent out our current home for income. We are fortunate enough to have savings that...
View ArticleReturn to date of death
I have prepared tax returns for the last thirty odd years for an elderly lady who, sadly, passed away in July. I am also charged with the preparation of all IHT matters. I have no problems with any of...
View ArticleCouncil Tax keep getting it wrong
Is there anything I can do about my council tax as they keep getting it wrong and taking too much money. This has been ongoing now for 12 months. I go into the office, they appologise. I write to them,...
View Articleunderpayment of tax
I have just received an underpayment of tax letter for £1838.20 for the tax year 2012=13 stating that as I had 2 employers applying a PAYE code giving the full tax free allowances and so now I owe...
View ArticleProperty rental tax
Not getting a straight calcualtion. Letting a BTL property for £1400 a month with usual agency and other cost. Whats the tax calculation for this rental income be?
View ArticleOverpaid Class 2 National Insurance Contributions
In the past I was self-employed, and so registered with HMRC to do Self Assessments and pay the appropriate National Insurance contributions. Sometime later, I began working as an employee too and...
View ArticleTax Code Question
Hi, Hoping someone can help me / clarify. Am I correct in my understanding that before you start paying 40% tax you have £32010 plus your Personal Allowance Tax which in my case is £8550 - therefore I...
View ArticleCan anyone help? - reclaiming tax
Hi, I am currently employed as a pe teacher and have seen adverts online for teacher tax rebates. After looking into this I have discovered that for the last 10 years I could have been reclaiming the...
View ArticleDriving to work.
I have taken on care work on a 0 hours contract. I understand I can claim mileage tax relief (if I got that expression wrong I apologise, please don't shoot me). Can I do so - and if so can I claim...
View ArticleCourt summons notr recognised by court..!?
Hello, Sorry if this has been addressed before but I was wondering... Blah blah got caught out by not paying council tax, however, oversight corrected and now up to date. I accept this but this is not...
View ArticleLimited Company help for a dummy please!
I have some queries regarding limited companies. :o My husband, a self-employedsole trader who owns a van and now a couple of years later he wants to transferthe business into a limited company, how...
View ArticleCapital Gains Tax on 2nd home
We have built a house in the garden of my house. It is under half an acre. The main house and the newly built house are owned by my husband and I. We are now getting divorced and I wish to move into...
View ArticleGift Money
My mother in law wants to gift my husband £10K. I am right in saying that this figure is then taxable at his current tax rate?
View ArticleFamilies and inheritance tax
Hi all, hope this is the right place. I am a frequent lurker and sometime poster on this board, more often found on the old style board My OH and I are concerned that his 81 year old mother may be...
View ArticleFree Tax Return & Book-keeping Courses?
I've been self employed a few months and starting to worry about my lack of book-keeping skills and being unprepared for tax returns. I've been looking into courses and it seems like there used to be...
View ArticleTax rebate email
Has anyone else received an email saying they are due a tax rebate for 2012 ? I haven't opened any of the links as I think it is a scam. It is asking me to creat a Gateway account, but I already have...
View ArticleRequirement to register for council tax
A house is owned by Mr and Mrs A. Mr A lives at his place of work and only returns to the house a few days each month. The house is quite small and each of their 3 children moved out when they finished...
View ArticleCohabiting couple sharing properties
A and B live together in rented accommodation. A owns a house which he inherited many years ago and is renting out to somebody. B's parents have made available to her a large sum of money, some of...
View ArticleIs second job worth it?
Hi all! I have been offered a part time job in a supermarket, which I applied for to try to help with saving, however, someone told me that with the way I will be taxed, there is no point taking the...
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