tax

tax

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  1. Charlie_Don't_Surf

    Going Self Employed as a Mate

    Hi all Quick question - I'm going self employed as an Electrician's mate as from the start of November. For this purpose, I'm looking to get rid of my car and buy a van. Does anyone know whether I need to wait till I am actually registered as self employed before i buy the van, in order to be...
  2. HappyHippyDad

    Employees and tax?..............

    I have injured my back and I feel it is only going to get worse over the years. My plan is to get a lad to help out 2 days a week. I'll be putting it through the books, but I was wondering if it is very straight forward when you are filling out your tax return. I have simple accounts as I am a...
  3. S

    Do you have to pay tax on scrap copper?

    Do you have to pay tax on money received from weighing in copper from household cable, Swa etc? I guess you do as we have to pay tax on everything we do nowadays, I am just getting more and more jobs with loads of tat and need to weigh it in soon so just making sure I am doing my books right.
  4. HappyHippyDad

    private pensions and filling out your tax return?

    I have just started paying into a private pension. I pay in £500 p/month, the government tops it up by £125, which relates to the tax. Every year I fill out my tax return. I am self employed and am a sole trader, so the tax return is fairly straight forward. However, I always put 'zero' where...
  5. i=p/u

    Tax in ireland 2021

    If you got a paye job in dublin and they offering 65,000 a year, 39hrs pw. From what I read you pay 20% on first 40,000 and 40% on the remainder.. Is this true Nicebutdim?
  6. baldelectrician

    Cancel income tax / VAT and other taxes and give people money- too good to be true?

    Saw this post from Business For Scotland (a pro indy business website) and I thought it was bonkers at first look. https://www.businessforscotland.com/its-time-for-annual-ground-floor-and-roof-rent/ Once I read through it I noticed that someone on £26,500 a year would be £17k better off than...
  7. buzzlightyear

    Plastics tax, carbon-trading cash to cover EU's Brexit gap, officials say

    this what the EU are now getting when the money getting tight .thank god ,and Scotland want to join them .
  8. T

    Subcontractors and tax

    Hello everyone I have just had my napit assessment today and passed with flying colors I work as a maintenance spark full time but am going to do some installation work in my spare time as I have a lot of rest days, I am from an installation background originally. I was wondering if anyone could...
  9. Bob Geldoff1234

    Paying January's tax bill

    Are any other sparks on here feeling fed up after having to part with January 31st tax bill?:mad: To add insult to injury I have also had to pay the accountants bill and the wholesalers bills. To top if all off,most of my jobs are ongoing so haven't received any money for a couple of weeks. The...
  10. S

    The Budget..... more tax on beer and spirits and potholes should be made deeper.

    Let the fun commence, (any pornographic/sexist/racist links are fully accidental)
  11. O

    Making Tax Digital (MTD) ..............

    The latest update which is easy to understand ...... BBC Radio 4 - Money Box, Money Box Live: Making Tax Digital - https://www.bbc.co.uk/programmes/m0000sx2 So if you are VAT registered - this affects YOU
  12. P

    Tax on state pension - is it fair?

    What do others think of the fact that your state pension is taxed? Surely it's a bit rotten to do it? It's a small enough amount anyway.
  13. E

    tax issue, need some help is it worth getting an accountant to deal with it?

    i started working for an agency for 3 months, i have about 700 worth of expenses to claim , i am now in full time employment so wondering how i claim this back? Also looking to start doing work out of my full time hours to build up a business, how do i go self employed whilst still in...
  14. D

    Tax and sub-contracting......

    Hi All, Just wondering if someone could give some insight, I've recently become self-employed and registered with CIS and sent my first invoice to a contractor that i am sub-contracting for. I understand that working as a sub-contractor I will have 20% tax taken from the total I sent but I...
  15. O

    Making Tax Digital - impact on the self employed....

    I was listening to BBC's Money Box yesterday and it sounds as if this will catch the self employed in FY2018 Tax simplification. It's complicated, Money Box - BBC Radio 4 - http://www.bbc.co.uk/programmes/b08byfhs its the first 10 minutes you need to listen to.. So we are going to have to...
  16. O

    Should Tax Credits Be Means Tested?

    I've got a bee in my bonnet about tax credits - they are handed out to millions on the basis of the number of hours you work, the number of kids you have and your income...... .... but they are not means tested, so in the case of an absent parent paying maintenance, this is not included in the...
  17. S

    Tax returns 4 times a year coming soon

    Heard about the proposals from the government for having to submit tax returns 4 times a year? More money to payout on accountants
  18. O

    For Company "Directors" - tax implications ....

    This is well worth a read.... Shocks in the 2016/17 PAYE codes | AccountingWEB Still happy to be a sole trader!
  19. M

    Emergency tax

    Hi iv just got my self a apprentiship with a company and im self employed iv worked my first month on emergency tax and was charged 30% insted of 20% i now have my utr number and will hand into my employer Im only 16 so new to this stuff my utr number was under the CIS ( construction industry...
  20. N

    Tax relief for self employed

    I am going back to being self employed next year April/May (got 16th edition so will do 17th). I am aware what I can claim tax relief on, but my question is: This current tax year I will have paid 40% tax on my earnings, so in order to claim 40% tax back on what I spend on the business, will I...

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