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Claiming interest charges on CC

Hi, Interest charges on my credit card, which is mainly used for business, have never been applied to my annual accounts. I got all my statements which go back 10 years, which total around 14k in...

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Old Council Tax From 2012 Haunting Me!! HELP

Hi All, I am in desperate need of some advice regarding Lambeth council tax from back in 2012, it is very complicated but I will make it as short and concise as I can. I moved into a shared rented...

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Stopping full time paid employment - tax implications?

Hello, I've decided to stop working. I'm going to be leaving my permanent job next month and taking some time out for possibly 1 year or more. I have considerable savings, and my wife will continue to...

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Help with child benefit self-assesment

Has anyone seen a really simple how-to on this im really confused. thanks

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Wrongly summoned (Council Tax)

Hi there, I apologise if this is in the wrong section, but I couldn't find the appropriate one. Basically, when I started my job I get paid 1 month in arrears. So in the month of October, it wasn't...

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Do I pay capital gains on property as soon as its sold?

Hi guys, I'm selling a property which is due to exchange contracts on 14th Jan 2014 and then complete a month later. I have worked out I'm going to end up owing Mr Tax Man around £900 in capital gains,...

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B or C Share options for Tax?

I know everyone is different and I intend on seeking advice of a FA, but I just would like to hear other people’s views who might have been though the same thing? I’m a higher tax earner, earning about...

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Round up all income/expenses or just totals?

I have just gone through all my income/expenses and calculated all individual income/expenses including the pence without rounding to the nearest pound, e.g. £55.08 and NOT £55. I have rounded off the...

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Inheritance Tax Advisor

Please can anyone suggest to me how to find a good IHT advisor? The main site gives various links but it seems to me that one is then left with little to go on other than geographical area and pot...

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Property Transfer of Ownership & Income Tax

Hi, My wife and I are considering paying off our joint mortgage. We currently rent our house out that the mortgage is on, and we live in a rented property a few hundreds miles away where my wife works....

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HMRC Judgment Debt

Longggggg story cut short........My friend was fined by HMRC for not filing his tax returns for a a few years. Case went to court.....the original sum on the particulars of claim that HMRC wanted was...

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Self Assessment calculation (surprised)

Hi all! I'm currently filling in my Self Assessment tax return, and was surprised at the calculation at the end. I'm a freelance writer and have made £1,960 in the 2012-2013 tax year. I have total...

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help with self assessment form

Hi I claimed a PPI refund and was paid the interest, less tax, the company sent me a R185 form, I am confused as to where I should enter the details on my self assessment tax form, I tried looking at...

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Self Assessment Help - Mileage Allowance

I have again left my Self Assessment to the last minute and i am struggling to remember what i have done the previous times to work out my tax. I am an employee and have my PAYE / P60 to hand.... Where...

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Income Shifting - What is allowed

Hi, I have researched this topic and have found quite different opinions on the subject and have also read HMRC are clamping down on various different income shifting methods. Could someone clarify if...

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Claiming tax on a laptop purchase

I am hoping someone can help me with some advice relating to a laptop and income tax. I am needing to purchase a laptop for a job as my employer is unable to provide this. I will not use this computer...

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Consultant or Employee

I have the chance of getting an additional job from which I would earn approximately GBP20k per year. I am already a higher rate tax payer so this job is in addition to what I already do. My question...

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My little ebay business & tax

Hiya guys, *Would* like to avoid using a book keeper but I'm scared of getting this wrong and owing money I don't have as I've reinvested it etc. I was told originally that all I needed was to keep a...

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How to include tax year 2013/14 into this year's assessment

I was self-employed but not working from March to September of this year. I'm now back on PAYE as a contractor. As I didn't earn anything this year when self employed and I'm hoping to stay on PAYE I'd...

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Import duty and VAT

I currently live in Vietnam and in January, I'm coming back to the UK to visit my parents. I'd like to buy something from a South Korean company, but ideally, I'd like to avoid paying the full import...

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