VAT Exemption Notice
I have just been appointed as the Co-ordinator for a charity project that I started voluntarily and that we received funding to start fully. I have just received notice that we are VAT exempt and also...
View ArticleImplications of receiving money as "gift" or "loan"?
My father is lending me a large sum of money for a house purchase. I will be paying him back this money with no interest over many years. I am nearing completion on the house purchase and am now being...
View ArticleTax helpline for older people
Ageuk referred me to Tax Help 01308 488066 / 0845 6013321
View ArticleLetter from HMRC- In Maiden name
Hi all, I had a letter from HMRC arrive on my door yesterday that seemed odd for a couple of reasons, 1) It was addressed to me in my maiden name (got married in Nov 2012) 2) It was asking me to check...
View ArticleFrom two jobs to one
Hi, back in February I was sent two tax codes as I was working for two employers. I now have a full time post with one of these employers. Should I tell HMRC of the change in circumstances, I have...
View ArticleSDLT - development land
Hope some accountants could share some previous advice/experience although I think I may need to call HMRC? Purchased a large portion of someone's garden last year which had outline permission for...
View ArticleTax expenses question
Hi, I've just recently opened my own form of business which is run by me alone. My concern is over the topic of what's claimable as an expense. The business is basically similar to that of an...
View ArticleHow can i check tax on my 2 jobs are correct?
Hi! Im trying to find out how i can check tax on my 2 jobs are correct? Thanks in advance for any advice!
View ArticleCapital Gains Tax Query
I have googled this over and over but was hoping for a plain English response from one of you kind folk! My hubby is selling the home he owns with his ex, it is shared ownership and they have no...
View ArticleDo I need to pay CTG if I own 2 houses and sell 1?
Hi - this is not quite as straight forward as the question implies. My partner and I currently own a house which we are intending to sell but we have the opportunity of buying our next house (a...
View ArticleFull rates value or discounted rates value allowable?
Can a landlord claim the full rateable value of rates or only the discounted value on self assestment form? Ie - Rates £417.45, discounted amount if paid quicker £365.27 Thanks.
View ArticleIncome tax re-adjustmed over the year?
Hi all This is my first post so I am hope I have put this in the right place. I have a question regarding income tax - I recently started a new job in June, but my employers HR department took some...
View ArticleSecond Job with same employer NI Contributions?
I have a full time job where i have worked a number of years but have recently started a second job with the same employer on a zero hours contract basis to provide some extra income. My main job pays...
View ArticleVAT online - help needed please
Hope someone can help - tried calling HMRC but just get endless menus and left in a queue burning up your phone bill :mad: I recently registered for VAT ( FRS ) and got my VAT reg number ok, but need...
View ArticleCGT questions
Ok here we go will try and make this as simple as I can Mrs G own two properties, first she has lived in for more than 30yrs, second has been rented out for 10years. Property 1is low value property 2...
View Articlewhy does Basic rate threshold amount decreases every year ?
From here: http://www.hmrc.gov.uk/rates/it.htm Basic rate: 20% 2011-12 £0 - £35,000 2012-13 £0-£34,370 2013-14 £0-£32,010 Why does the basic rate tax amount decrease every year? Will it always decrease...
View Articletaxable income or not
My late father died of an asbestos related lung condition. He was pursuing a compensation claim. It was successful and we received a cheque. Is this classed as taxable income?
View ArticlePAYE income tax allowance query
Hi all. So far this tax year I've earned £1,302.80 from my student job. I've paid no tax on this -- so my full annual allowance remains. Next week I begin my graduate career. My salary is most...
View ArticleHow does NI work?
Hiya, I usally don't pay tax or NI due to low income but this month I have gone back to work from Mat leave and they give you a 'phased return' payment which was £720 (god knows why :beer:) My problem...
View ArticleFreelancer with one client? Set up advice needed!
I am currently employed through a temping agency by a local authority. They can't offer me a normal contract as due to the recent reforms by "creating" a job for me, someone who has lost their job in...
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