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tax

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  1. T

    HMRC proposal for Tax Relief for Travel and Subsistence

    This is a proposal that could take effect April 2016. It will effect nearly all self employed contractors either working through agencies or direct to companies. Write a letter to your local MP to raise the issue in the house of commons...
  2. I

    Tax rebate on tools and testing equipment

    I've just got into the self employed/self assessment loop. I don't know which way is up after reading so much bumph. HMRC site just takes you round in circles. Any pointers would be greatly appreciated. I shall be using Cash basis tax format. So does anyone know :- what I can claim for, how much...
  3. HappyHippyDad

    Can I claim on my tax return for money given to charity?

    Evening all.. I am wading through my tax return for the first time ever (had an accountant last year but decided to save the £300!). It's all a bit complicated with all the legal sounding jargon, but I have pretty much completed it. I just wanted to find out if I can make a claim against money...
  4. P

    PAYE tax rebate now im self employed.

    Left my old job last August so i will have paid PAYE tax for 4 months, im now self employed but havent got round to registering online or sorting an accountant yet. Technically i should be due a decent rebate come April but will i get this automatically by cheque or do i have to claim it when i...
  5. L

    CIS, Tax, Materials ??????

    OK here is the scenario....you work for a builder who is CIS registered, you are CIS registered too, he deducts your tax from your invoice to him @ 20%, this is for your labour only and excludes material costs. However you have purchased 10 double sockets for the job @ £4 each and sold them to...
  6. HappyHippyDad

    Can I claim for the day I spend filling out my tax return?

    As the title says really :smile5: If I spend a day completing my tax return can I claim back whatever my day rate is as this is a day that i would be unable to work and is also solely related to the business? Cheers all..
  7. P

    Claim course costs against tax

    Hi Has anyone had experience of claiming the cost of an electrical course against their tax? If you were a sole trader working as an electrician and it was an electrical course for yourself. Cheers Pete.
  8. R

    Tax return allowance what to put through

    Hi all I'm self employed electrical improver what would you put through for food and drink while at work and working away is there an amount the tax man allows per day ? Thanks
  9. D

    Direct employee tax return

    I am directly employed by a company and have done a tax return for the last 4 years to claim my mileage. I regularly hear stories about people getting twice as much money back as I do by getting an accountant to do their return rather than doing it themselves like I do. Is anybody else...
  10. A

    Tax -what can I claim?

    What can I claim against on my income tax? Specifically can I claim for motor insurance, tax and mot (and associated repairs)? I'm pretty sure I can't claim for the cost of a van which I own but I can claim for one that I lease? Is that right? My missus is a house wife and stays at home to rear...
  11. J

    company charges for tax returns.

    Hi all, I've recently started work and part of it is working through a company which deals with my returns. However, for this service, the company wants eighteen pounds a week. Is this considered a normal price for managing an individual's tax returns? Thanks for the help!
  12. D

    My first tax return...

    Went self employed last year and set up my limited company. I've not turned a profit yet but I'm having to make up the company accounts for my tax return. Most of it is pretty simple, I gave the company a loan myself from redundancy pay and used it to buy equipment, tools, stock and pay my...
  13. B

    CIS Tax - Confused

    Just wondering if any of you self employed could help sort out my confusion over this one. i am a sole trader and carry out a lot of work for builders, I am due a payment from a builder who says he will deduct 20% CIS tax, as I am aware of, and registered for. I don;t understand how this...
  14. J

    Claiming gym membership from tax?

    So I see some self employed traders claim (or attempt to claim) absolutely anything they can back from the tax man, I think I read somewhere on the forum someone knew some bloke who tried to do this with a new kitchen saying it was for business purposes, which is quite ridiculous... But thinking...
  15. D

    Unusual tax question!

    Hi chaps, Currently working as a self-emplyed sub-contractor. I'm registered as such with HMRC and recently I've been working for a single company and using their equipment and vans. I invoice them at the end of the month with my hours and rate and they transfer the cash. This month the...
  16. D

    tax question. self employed sparks.

    Hi all just a quick question , I'm looking at going self employed in a year or so and looking to buying more tools , tester ,ladders ,etc whilst I'm still employed. If you buy the gear now and keep the receipts is it still tax deductible in a year or so or would I be better off saving and buying...
  17. J

    that horrible word TAX

    Hi i recently went sole trader via HMRC and they have sent me a letter to say i am CIS (construction industry scheme) now im confused as i dont know what it means also on the bottom of the letter it states that it does not confirm im self employed unless the contract and terms and rules of the...
  18. N

    CIS tax return

    Has anybody else received a letter off the tax man in recent weeks listing all the ways people 'make mistakes' in their tax return? I just threw it away assuming everyone got one but all the people i have asked said they hadn't. Thinking about it now, it seemed like a warning that i'd be...
  19. B

    Is part P training tax deductible?

    I did a part 'p' training course with new career skills last year. Now I am working as a sole trader and need to do a tax return. The course cost about £5k and I am hopeing to claim back the tax on it. I looked on the HMRC website and it is not very clear, I was wondering, has anyone else...
  20. L

    Claiming Tax back

    I know this topic has been covered several times but I am still a little confused as to whether I am eligible for this or not. I am a 4th year apprentice, started work for a company on July/August 2009. What forms do I fill out if I can claim, P87, self tax return? Any help much appreciated.

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