UK Tax

UK tax questions? Ask a UK tax advisor for answers ASAP

Connect one-on-one with {0} who will answer your question

Related UK Tax Questions
I am being paid compensation for loss of office equivalent
Good morning, I am being paid compensation for loss of office equivalent to my net salary. Is this tax free for me ? … read more
Sam
Sam
Accountant
Higher Officer HMRC
6,885 satisfied customers
A key employee has handed in their notice, and given his contractual
A key employee has handed in their notice, and given his contractual three months notice. If I go back to him and suggest the following. Would he work a further three months - to effectively take his … read more
Sam
Sam
Accountant
Higher Officer HMRC
6,885 satisfied customers
Hi Ive recently been made redundant and been asked to sign
Hi I've recently been made redundant and been asked to sign a compromise agreement as procedures were not followed correctly. I was entitled to 6 months notice which will be paid in lieu of notice plu… read more
TaxVince
TaxVince
Senior Accountant
Master's Degree
899 satisfied customers
Do I owe back tax and penalties for not reporting a PILON in
Do I owe back tax and penalties for not reporting a PILON in my 2008 tax filings. HMRC are stating that the PILON is taxable. I understood that as long as my payment under the compensation agreement w… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I was made redundant in Feb 2007. My redundancy payment exceeded
I was made redundant in Feb 2007. My redundancy payment exceeded £30k and the first £30k was tax-free. I rejoined the same employer in 2008. I was made redundant again on 21 May 2012. My redundancy pa… read more
TEAP007
TEAP007
Tax Preparer
Fully Trained Inspector of Taxes B1
759 satisfied customers
I was told verbally by my employer on 2nd Feb that as a result
I was told verbally by my employer on 2nd Feb that as a result of a company reorganisation, my position would terminate on 17th Feb. I have been asked to enter into a compromise agreement which confir… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,885 satisfied customers
I have been offered a 6 figure lump sum in settlement of a
I have been offered a 6 figure lump sum in settlement of a permanent health insurance claim. The PHI insurance is provided by my company. The lump sum is being offered by the insurer although the mont… read more
berduchwal
berduchwal
Accountant
Licenciatura
669 satisfied customers
I am a Partner in an LLP. I am entitled to a car as a member
I am a Partner in an LLP. I am entitled to a car as a member of the LLP, very similar to a company car for an employee. This will be fully funded apart from petrol costs. I am unlikely to use such a c… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
In 2008 I left a previous employer under a Compromise Agreement
In 2008 I left a previous employer under a Compromise Agreement by reason of redundancy. The composition of my financial package was substantially a PILON as my period of notice value was greater than… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,885 satisfied customers
Question for SamTax Is is possible for a self employed courier
Question for SamTax Is is possible for a self employed courier with his own van (subject to H.P.) to remain self employed but to form a company to which he would invoice his services. His company in t… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,885 satisfied customers
hi i am being made redundant in a week i will get 8 weeks notice
hi i am being made redundant in a week i will get 8 weeks notice and have been with the company for three and a half years, one of those years on a self employed basis, i dont have to work the 8 weeks… read more
Julie Kingham
Julie Kingham
Director
Chartered Tax Adviser
733 satisfied customers
Hi, I am negotiating a payment re termination of my employment
Hi, I am negotiating a payment re termination of my employment through ACAS. The payment effectively relates to one additional months pay. I understood this would be paid gross, S.403 of the ITEPA 200… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,885 satisfied customers
Hi, I am currently going through the redundancy process.
Hi, I am currently going through the redundancy process. I have 35 years service and my redundancy pay is calculated based on 1 mo pay per year of service up to 24 months. My redundancy pay is therefo… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,885 satisfied customers
I am negotiating a Voluntary Severance at my request with my
I am negotiating a Voluntary Severance at my request with my employer it is not redundancy. A Compromise Agreement is in place but they quote. The parties understand that in accordance with Chapter 3 … read more
Sam
Sam
Accountant
Higher Officer HMRC
6,885 satisfied customers
I have just been made redundant after only five months in a
I have just been made redundant after only five months in a permanent position, my contracted notice period is three months, my employer has offered to pay me those three months. Can I take that three… read more
marimonay
marimonay
Accountant
Master's Degree
14 satisfied customers
we are paying someone under 3,000 redundancy made up of 4
we are paying someone under £3,000 redundancy made up of 4 weeks notice and 2 weeks holidays, do we pay tax as a company on this… read more
Smith Jones
Smith Jones
Bachelor's Degree
1,484 satisfied customers
I left my previous employer under a compromise agreement in
I left my previous employer under a compromise agreement in Summer 07. As part of the compromise I was entitled to payment under the 06/07 Bonus Plan if targets were met. In the report and accounts (F… read more
TEAP007
TEAP007
Tax Preparer
Fully Trained Inspector of Taxes B1
759 satisfied customers
I am about to be made redundant. I understand that redundancy
I am about to be made redundant. I understand that redundancy pay is tax free up to £30, 000 but what about payment in lieu of notice. I am entitled to 3 months' notice so can this also be tax free? (… read more
TEAP007
TEAP007
Tax Preparer
Fully Trained Inspector of Taxes B1
759 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Sam

Sam

Accountant

6,885 satisfied customers

26 HMRC expertise, PAYE, Self Assessment ,Residency, Capital Gains, CIS ask for Sam Tax

bigduckontax

bigduckontax

Accountant

1,460 satisfied customers

FCCA FCMA CGMA ACIS

TEAP007

TEAP007

Tax Preparer

759 satisfied customers

Fully Trained Inspector of Taxes / District Inspector/ Team Leader/ Offshore Consultant/ 41 years

Andrew Baker(baktax)

Andrew Baker(baktax)

Personal Tax Adviser

756 satisfied customers

35+ years experience in income tax, CGT, non-residence

berduchwal

berduchwal

Accountant

669 satisfied customers

Qualified accountant and bookkeeper running my own practice since 2008.

Clare

Clare

Solicitor

149 satisfied customers

25 years exeperience as a high street solcitor

Mrs-Tax

Mrs-Tax

Tax Adviser

59 satisfied customers

Law Degree, 19 years in UK Tax.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x