• Bank trouble?

    I am trying to get my first bank, I am trying to do it online as I can not get out at the moment. All the banks I tried ask for income details and council tax information, things I do not have as I do not work but I need a bank to work as there are barely any jobs that pay cash in hand (I have found none, I still... show more
    I am trying to get my first bank, I am trying to do it online as I can not get out at the moment. All the banks I tried ask for income details and council tax information, things I do not have as I do not work but I need a bank to work as there are barely any jobs that pay cash in hand (I have found none, I still applied though hoping this can get sorted)
    7 answers · 4 weeks ago
  • In the UK. I want to take my personal pension of £22K a year and keep working on Salary £55K. How does this affect my tax position overall?

    Best answer: You'll be taxed on earnings of £77K. Compared to salary only, most of your pension will be taxed at 40%. It won't affect your National Insurance contributions.
    Best answer: You'll be taxed on earnings of £77K. Compared to salary only, most of your pension will be taxed at 40%. It won't affect your National Insurance contributions.
    4 answers · 1 month ago
  • Is the profit I make on my home taxed ?

    12 answers · 1 month ago
  • Is UK and Ireland paying for migrants to live in 3star hotels, while reviews from guests onTripadvisor warning of this are removed?

    Best answer: yes, its true... I work directly opposite an hotel which used to be used generally by people using the nearby airport.. It is now totally all 'asylum seekers', although the hotel will not comment on it and claim they are not allowed disclose guest details.. But every day you see groups of young men who look... show more
    Best answer: yes, its true... I work directly opposite an hotel which used to be used generally by people using the nearby airport.. It is now totally all 'asylum seekers', although the hotel will not comment on it and claim they are not allowed disclose guest details.. But every day you see groups of young men who look middle eastern / Afghan loitering. They also approach woman walking along. The front windows of the hotel show its is dirty and scruffy with tatty curtains on display.... and yes, these people are staying for free... there was an article in the local paper a bit ago about it... guests booking in and paying the full price and being hassled by these people who have nothing else to do but use the pool and gym and generally hang about.. and yes, I would agree that reviews mentioning this are swiftly removed !
    6 answers · 1 month ago
  • How can I find my tax office?

    7 answers · 2 months ago
  • In the UK job seekers allowance is £73.10 a week for British citizens over 25 yrs old. But do people on JSA get extra money for rent?

    I know that British citizens over 25 years old get a job seekers allowance of £73.10 a week. But does this allowance of £73.10 a week have to also cover the rent if they are renting? Or do they get an extra allowance for rent? How does it all work?
    I know that British citizens over 25 years old get a job seekers allowance of £73.10 a week. But does this allowance of £73.10 a week have to also cover the rent if they are renting? Or do they get an extra allowance for rent? How does it all work?
    4 answers · 3 months ago
  • How long will it take you to buy a Mercedes in the UK by working at a regular retail shop or sainsburies or tesco etc?

    Best answer: It all depends on what he wants and whether it is brand new or second hand. Second hand ones can cost from around £3000 all the way up to over £170,000 depending on age and model. Say he found one for around £5000 and was approved for car finance, then the monthly payments could be around £112 per month over 48... show more
    Best answer: It all depends on what he wants and whether it is brand new or second hand. Second hand ones can cost from around £3000 all the way up to over £170,000 depending on age and model.
    Say he found one for around £5000 and was approved for car finance, then the monthly payments could be around £112 per month over 48 months.
    If no car finance and buying cash, then assuming he could afford to save £100 per month out of his wages, it would take around 50 months or between 3 and 4 years to afford a £5000 car. He needs to take into consideration how long he has been driving, how much no claims bonus he has built up, insurance and tax costs etc.
    6 answers · 3 months ago
  • Emergency tax question?

    My boss took over a month to send my p45 to me after i left because ‘her accountant didnt have it’. But i knew she was being sly. Ive just been emergency taxed by over £300. Which to me is quite a lot of money. Should i say something to her or leave it?
    My boss took over a month to send my p45 to me after i left because ‘her accountant didnt have it’. But i knew she was being sly. Ive just been emergency taxed by over £300. Which to me is quite a lot of money. Should i say something to her or leave it?
    7 answers · 3 months ago
  • Legit or not ?

    Hiya, today my girlfriend came up with an idea of making extra money by doing nails for other women as apparently she’s very good at it... now my question is if she starts doing this part time, might she get in trouble from the law meaning that obviously the money she be earning form customers will be tax free and... show more
    Hiya, today my girlfriend came up with an idea of making extra money by doing nails for other women as apparently she’s very good at it... now my question is if she starts doing this part time, might she get in trouble from the law meaning that obviously the money she be earning form customers will be tax free and will be not registered as a business just a Facebook ad. Does anyone know is it illegal or what ? Thanks for the answers ;)
    7 answers · 3 months ago
  • Council Tax when still living with parents.?

    I live with my mum, who is physically disabled, and I don't know, I guess I just presumed that taxes come out of my wages, and never thought about, but I've never had to pay council tax, but I know my mum pays it, I just give my mum a lump sum every month for bills. It was only when someone mentioned to me... show more
    I live with my mum, who is physically disabled, and I don't know, I guess I just presumed that taxes come out of my wages, and never thought about, but I've never had to pay council tax, but I know my mum pays it, I just give my mum a lump sum every month for bills. It was only when someone mentioned to me about applying for it when they move out of their dads, did it ever cross my mind, and the internet is a bit unclear on this. Do I need to contact someone, is this something I'll be in trouble for? Or does the fact that my mum pay it count? I can't trust my mum to tell me honestly, as she is always looking for ways to save, and if she wasn't paying me, I wouldn't know. Wish they taught taxes and things in schools, I feel clueless! Thanks,
    8 answers · 3 months ago
  • How much is shipping from Canada to the UK?

    Just roughly
    Just roughly
    6 answers · 3 months ago
  • If my grandparents have a savings account on my behalf , when they pass will it be subject to inheritance tax?

    My grandparents have a savings account on my behalf which they and I have both payed money into. When they pass will it become a part of their estate and therefore have to pay tax on it even though I too have payed money into it.
    My grandparents have a savings account on my behalf which they and I have both payed money into. When they pass will it become a part of their estate and therefore have to pay tax on it even though I too have payed money into it.
    13 answers · 3 months ago
  • My pension scheme says it will pay more if I smoke, so why give up?

    Best answer: True, but they think you won't live a long life so will pay out quicker.
    My old Mum went on till 86, woodbines kept her going.
    Best answer: True, but they think you won't live a long life so will pay out quicker.
    My old Mum went on till 86, woodbines kept her going.
    9 answers · 3 months ago
  • Chasing payments is causing me stress, what can I do? :(?

    Best answer: Get some software like quickbooks to help you figure out who owes you money by when and how much. If they want to work with you then insist on charging them a certain percentage down payment before you start the work, that isn't refundable on any circumstances. Have them sign a contract stating how much... show more
    Best answer: Get some software like quickbooks to help you figure out who owes you money by when and how much.
    If they want to work with you then insist on charging them a certain percentage down payment before you start the work, that isn't refundable on any circumstances. Have them sign a contract stating how much you're charging them and when payments are due, and what they can do if they're not satisfied with your work. If they're late with a payment (the contract should also have this in it) charge them a certain percentage for every month that they're late paying you. Call them up when their payments are due, not after they haven't payed.
    9 answers · 4 months ago
  • LG TV warranty and registration?

    Recently i bought a LG 55 inch UHD tv brand new from a seller in carousell. Probably he bought it and realised that its to big for his bedroom. I have the invoice and the receipt too. He has not register the warranty yet and then i took time to register online on LG website. I have received mail that my warranty is... show more
    Recently i bought a LG 55 inch UHD tv brand new from a seller in carousell. Probably he bought it and realised that its to big for his bedroom. I have the invoice and the receipt too. He has not register the warranty yet and then i took time to register online on LG website. I have received mail that my warranty is not valid coz different purchaser and different product register person. As the seller told me that u just need the receipt and invoice to show them for warranty. So now i’m not sure if the warranty for 3 years is still valid or not. So if can’t it means i can buy tv from my friends or even from my dad? What shall i do now?
    6 answers · 4 months ago
  • What’s happening with my pay which is withheld?

    Best answer: you get a payslip that tells you how much you got paid - how much was was deducted - why it was deducted and how much you actually gonna receive (since you are 16 its likely they aint got a tax code for you (this tells them how much you are allowed to earn before income tax is deducted) As a result they have to... show more
    Best answer: you get a payslip that tells you how much you got paid - how much was was deducted - why it was deducted and how much you actually gonna receive

    (since you are 16 its likely they aint got a tax code for you (this tells them how much you are allowed to earn before income tax is deducted) As a result they have to tax you at full rate (i.e you pay income tax on every £ you earn after deducting NI)
    Since oyu are earning 100/week = 5200/year even if you work 52 weeks, and this is far less than your tax allowance then you shouldnt be paying income tax at all

    If this is the case (check your payslip) then you will get an income tax rebate next year
    I know this is a long time from now, but taxes are on an annual basis- April - April each year - So its only next april will they be able to see how much tax in total you have paid april 2018-april 2019 to see if you have paid too much and if so how much refund you are due
    (remember- you may not stay in this job all year, you may stop working then get another job paying a different amount a couple of months later - you could do this a few times between now and 2019 - So its only then can ALL your pay and ALL the tax you have paid be added together to see if you have overpaid
    Think of it this way
    stick with the amount of money you are receiving now - BUT in mid 2019 you will get a very nice tax rebate (could be a few hundred £s - Its likely to be all the tax you pay between april 2018 and 2019)

    An IMPORTANT thing
    1) Keep all your payslips
    2) when you leave a job you will get a form showing how much you were paid in the job AND how much tax you paid
    Keep this (you may need it to claim a tax refund)
    If you get another job the new job will require this info to keep your pay/tax up to date with the tax people (HMRC) )
    4 answers · 4 months ago