Tax payable on share of freehold payment?
Is tax payable on a share of freehold membership payment made to existing 3 freeholder members by 4th joining member, either on a personal, individual basis or as a limited company - already set up to...
View ArticleTax payable on share of freehold payment?
Is tax payable on a share of freehold membership payment made to existing 3 freeholder members by 4th joining member, either on a personal, individual basis or as a limited company - already set up to...
View ArticlePaying PAYE but self employed for 2nd job
I am employed full time & on PAYE, earning around 39K. However, am about to take up extra work on a self employed basis - what are the tax implications?
View ArticlePaying PAYE but self employed for 2nd job
I am employed full time & on PAYE, earning around 39K. However, am about to take up extra work on a self employed basis - what are the tax implications?
View ArticleMy husband has been on Paternity leave since April. He has now resigned and...
What does EESP mean? His leaver/ holiday pay was£2968 but bottom line we've had £2051!
View ArticlePaying tax on selling my smallholding.
I plan on selling my 13 acre smallholding, valued at £600.000, i dont run a bussines from it and have made money on it from buying it 17 years ago. I have been told by an accountant that i will have to...
View ArticleProperty CGT and PRR with ownership of two homes.
My mum owns two homes. a) First home bought in 1990 b) Second home bought in 1998 The second home was elected as the PRR in 2006. Following the passing of my late father my mother is considering...
View ArticleHow does sacrificing 7.5% of my salary put more money in my pocket?
My employer is introducing a 7.5% Salary Exchange Scheme. How does sacrificing 7.5% of my salary put more money in my pocket each month? I can't make it add up. Maybe Im doing the maths wrong. Could...
View ArticleAm I being cynical?
I recently received a letter from HMRC saying my Tax return was late and I owe them £100.00. Everything was done online and I have receipts for both the payment and the submission of the Tax Return...
View ArticleWill I pay inheritance tax on the recent sale of my mum's house. She died 5...
I already own a flat and have been dividing my time between the properties.
View ArticleMy daughter worked for a company from Aug 2012 till Jan 2013. They employed...
She earned £4,700 does this mean she has to pay tax on it? Many thanks Martin
View ArticleChild Benefit changes came in in January - will they run Jan to Dec or in...
The government brought in changes to Child Benefit in January. So for the tax year 12/13 how will you calculate whether you have to pay any money back, if you earn above £50K - will it be a pro rata...
View ArticleShould businesses be charged tax on their income rather than on their profits?
Reduce VAT to 15%. Reduce corporation tax to 5%. Only allow businesses to claim 5% VAT back on their expenditure. This would mean any business operating in this country would have to pay tax on any...
View ArticleCapital gains tax on sale of main residence with 2 flats
I purchased a large manor house in Nov 1992 which had been previously used as a business and was in poor condition. One wing had a flat upstairs and loosely a flat downstairs I say 'purchased' but we...
View Article
