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Results tagged with united-kingdom
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user 34925
For questions that relate to the laws, practices, and products of the United Kingdom.
5
votes
Self-employed with a second PAYE job so have no P45 to give new employer
A P45 is only provided by an employer upon cessation of your employment with them. As you were self-employed you obviously aren't eligible for a P45.
In this scenario you will need to complete a star …
- 450
1
vote
0
answers
277
views
First time buyer with low deposit (UK)
I'm looking to get on the property ladder as soon as possible but due to being the sole earner in our household and having a family I can't put away as much as I would like. I'm hoping in the next 6 m …
- 450
1
vote
1
answer
181
views
Do I need to pay myself as a director if I also have a full-time job?
I am a director (one of two directors) of a private Ltd. company that carries out web development work. I also have a full-time job during the week but do the web development in the evenings and weeke …
- 450
6
votes
1
answer
78
views
Taxation of shares
If I purchase shares in my employer's business via share purchase plan, and those shares are bought directly from my net pay - do I need to pay tax on the money I receive when I sell those shares on t …
- 450
1
vote
1
answer
92
views
Credit history when buying a property
Recently in the UK there seem to have been a lot of changes with how mortgages work, especially with the introduction of the "help-to-buy" schemes. Whilst looking around a few sites (both .gov and ind …
- 450
1
vote
Who knows exactly how much I earn?
Yes, and.... No.
When you start a new job, you will need to submit your P45 from your previous employer (even if you don't, they eventually get this information from the revenue electronically) - thi …
- 450
2
votes
When can a pension provider demand reconfirmation of identity?
Regardless of UK Money Laundering Laws - All companies have a responsibility under the Data Protection Act to ensure that all data kept is necessary and accurate - and so they can actually ask you to …
- 450
3
votes
Is it possible to work out my P60 from my pay?
Your P60 is just a statement of Tax and NI paid for that respective tax year - nothing to do with net pay. If you have payslips (which you should, as employers have a legal responsibility to issue the …
- 450
2
votes
European citizen, UK company
As a non-UK resident you might not have to pay income tax in the UK - but as a company registered in the UK you will still be eligible for corporation tax on you profits. You may also be made to regis …
- 450
1
vote
working temporarily in UK but living in Germany. How my UK income is taxed in Germany?
Britain and Germany currently have a double taxation agreement which means you won't pay tax on the same amount of money in both countries but it's not a straight forward process and you have to decla …
- 450
10
votes
In the U.K., can I deduct coffee as a business expense if I work from cafés?
Here are the general guidelines on what you should report and pay - but the overall rule is that if it's not a business-related cost then you can't claim it.
In your example, a client meeting may war …
- 450
-1
votes
Tax relief on UK salary income
The broker that is issuing the moneys after vesting is more than likely deducting a notional amount of tax and NI based on UK income tax laws. If you are not a UK resident, then you should pay income …
- 450