UK Tax

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

Ask an Expert,
Get an Answer ASAP!

Related UK Tax Questions
Hi Tony, I have a client who has a gain and tax to pay at 40%
Hi Tony, I have a client who has a gain and tax to pay at 40% on a gain on a UK Life Assurance policy. No Top Slicing Relief available (only 1 year in box 5). She has also made a Case 1 Loss on her se… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,067 satisfied customers
Hi Tony, A client has been in partnership with his father and
Hi Tony, A client has been in partnership with his father and the last partnership accounts were to 31.03.12. His father retired and son carried on the trade as a sole trader. Business had not been go… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,067 satisfied customers
I made a loss on my shares from my trading company which went
I made a loss on my shares from my trading company which went into liquidation during 2013, and a small gain from the sale of some assets. Can I claim the loss of the share holding which was £104,000 … read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,067 satisfied customers
hi, i started working as a self employed share fisherman 7
hi, i started working as a self employed share fisherman 7 months ago (November 2013). im currently in the process of registering for a self assessment but don't know what i am classed as, self employ… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,067 satisfied customers
Hi there, Charity & income tax losses 1) Are donations
Hi there, Charity & income tax losses 1) Are donations made to charity tax deductible? ( I have monthly Direct debits to 4 charities and am wondering whether this is tax deductible against rental inco… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,573 satisfied customers
The company I work for paid 28.2% tax (approx £74,000.00) to
The company I work for paid 28.2% tax (approx £74,000.00) to the Azerbaijan Goverment on my behalf. I earned approx £180,000.00. I stay in the uk and work a 4 weeks away & 4 weeks at home rotation. Ho… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,067 satisfied customers
My company has a £10,000 trade loss brought forward 1.1.12
My company has a £10,000 trade loss brought forward 1.1.12 -current year trading to 31.12.12. £1,000 loss -so total trade losses 31.12.12. £11,000. I have a Capital Gain in the company to 31.12.12. of… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,573 satisfied customers
I am a UK tax payer. I am employed and pay tax through PAYE.
I am a UK tax payer. I am employed and pay tax through PAYE. I have a side income from a book which I just published. To date I have made sales and had income of 1000gbp versus costs of 3000gbp. So to… read more
Sam Pathak
Sam Pathak
Chartered Tax Adviser
Master's Degree
461 satisfied customers
Hello, I am in the high rate taxpayer. But I am planning
Hello, I am in the high rate taxpayer. But I am planning to leave my job (or get fired) next month (before april). I am planning to set up my business. I believe the business will not make lot of prof… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,067 satisfied customers
I earn around £40k gross and pay tax via PAYE on this. I have
I earn around £40k gross and pay tax via PAYE on this. I have recently started to rent out a property. The rent is £475 per month. My monthly mortgage repayments are £355.00. How do I go about arrangi… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,067 satisfied customers
My partner was a sole trader and his accounting date is 1st
Hi, My partner was a sole trader and his accounting date is 1st June to 31st May. I have just completed his self assessment 6/04/2011 to 5/04/2012. The figures used were for his accounts dated 1st Jun… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,067 satisfied customers
I mentioned in previous correspondence that I was self employed
I mentioned in previous correspondence that I was self employed trading futures. To be clear it was not equities shares trading but futures derivative contracts on a professional level with payment of… read more
berduchwal
berduchwal
Accountant
Licenciatura
669 satisfied customers
A small ltd company, second year just ended, made loss of about
A small ltd company, second year just ended, made loss of about £25000 first year, expected about same for second year. Sole director has decided to finish the company immediately. There will no be no… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,067 satisfied customers
Iam self employed. I made a capital gain in the last tax year
Iam self employed. I made a capital gain in the last tax year 2009/10 which I have not paid yet but have a capital loss (a lot higher) in the current tax year. Can I offset one against the other and, … read more
Sam
Sam
Accountant
Higher Officer HMRC
6,573 satisfied customers
I am self employed and my main business made a loss last
I am self employed and my 'main' business made a loss last year. I also rent out a room earning more than the rent-a-room allowance. Can I offset the profit on the rent a room against my other self em… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,067 satisfied customers
My partner & I have a 30 year old non limited, self employed
My partner & I have a 30 year old non limited, self employed partnership business.We had to leave our commercial premises in January 2009 due to increased overheads, but continued some trade from our … read more
Julie Kingham
Julie Kingham
Director
Chartered Tax Adviser
733 satisfied customers
I am a pertner in two businesses, one made a profit and the
I am a pertner in two businesses, one made a profit and the other a loss, are these figures calculated together for individual tax liabilities… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,067 satisfied customers
Question regarding an LLP I am a doctor and have an NHS salary,
Question regarding an LLP I am a doctor and have an NHS salary, but also an newly LTD company that operates as a private clinic and making only losses so far.. I am thinking of setting up an LLP, tran… 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

6,573 satisfied customers

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

bigduckontax

bigduckontax

Accountant

974 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