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[Selected]: All categories Business & Finance Taxes United Kingdom

I had some money in a UK bank savings a/c earning 5.85% interest and paying 20% tax.

I have just now used it to buy some shares in Lloyds bank, earning 6% dividend and paying 10% tax. There are also good prospects rising income and capital appreciation. Surely Lloyds bank is safe enough and I can sell the shares and get my money back in 3 days, whenever I want..

Was it not a brilliant idea? You can do it also as long as you drink a toast to my good health.

2007-06-22 03:21:02 · 5 answers · asked by Anonymous

2007-06-21 00:35:15 · 4 answers · asked by Anonymous

2007-06-20 12:31:51 · 10 answers · asked by Anonymous

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How do I file for a pension forecast on line.

2007-06-20 10:52:48 · 1 answers · asked by Anonymous

I have my own ebay shop, i dont make alot, on average it works out £200 per week, i dont work any where, i live off ebay.Do i need to pay tax on it?if so how much and how do i go about it?It also said on the tax site if i have been doing it for longer than 3 months than i can be fined, well i have, but i thought ebay covered tax in their fees so i dont want to own up if the b*stards are going to fine me for being honest.

2007-06-20 08:05:39 · 19 answers · asked by emnie 2

If a U.S.-based bank were to open an account for me, does anyone know how the interest would be reported? Does some type of internationl law require the bank to report the income to U.K. tax authorities?

2007-06-19 00:04:34 · 3 answers · asked by lucky_lenny_1964 3

do you have to pay tax if you started toclaim incapacity benefit in 1992?

2007-06-18 06:25:15 · 4 answers · asked by Anonymous

Can I claim tax back from my business miles allowance which is taxed before I get it, thus I am paying 2 lots of tax for petrol

2007-06-18 02:50:03 · 1 answers · asked by mkcllghn 1

I lived in the United Kingdom, but I work online and my work is in situated in Florida and I have a bank account opened in Florida, US. Where would my tax be claimed? In the United Kingdom because I live there or Florida because my work is situated there?

I know there is no income tax in Florida that is why I am asking.

2007-06-18 02:08:25 · 3 answers · asked by Dee 2

Hi, i'm a registered childminder and as such I am self employed. Can anyone give me a rough idea of how much my tax bill for april 2008 will be if I earn £12,500 this year. My tax code says I can earn £5225 before tax and obviously there are various things I can take into account such as food, elec and gas. Any help would be appreciated as the guy at the IR who I spoke to was a waste of air!!
Cheers,

2007-06-17 23:38:20 · 1 answers · asked by Anonymous

it was very nice to have someone spend some time answering a querie, instead of some people just giving a stupid answer like yes or no.after all thats what this site is for to give advise to those who are not as clued up as others on certain subjects.once again thanks.

2007-06-17 22:16:38 · 2 answers · asked by robert r 1

2007-06-17 02:51:51 · 1 answers · asked by RAchel B 1

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if i'm renting a room in a house. should i pay the council tax or the landlord has to pay it?
if, i should, do i have to contact them or they'll contact me??

2007-06-17 01:10:05 · 5 answers · asked by KarlosCharlos 2

Any other advice, on the legal side of things, would also be greatly appreciated, thanks.

2007-06-16 21:32:10 · 3 answers · asked by tattyhead65 4

For some time now, I been getting e-mails asking me to help families get there money back after the death of the loved one. Isn't that embezlling. Now I'm winning all these lotteries, around 6 of them at the same time. They say my e-mail address came up with the numbers. Is all this legal? Would I be getting into something that illegal?

2007-06-16 11:24:48 · 10 answers · asked by valsartistic5 1

Mr. George McCulough
Managing Director
For: Watling County Bank Plc
The Approved Bank for UK NATIONAL LOTTERY.
Copyright © 1983 - 2007 Watling County Bank Plc.

2007-06-15 10:52:52 · 10 answers · asked by vishamber a 1

Do you think its fair to pay £75.61p A WEEK tax to the government. That £75.61 a week is made up of PAYE Tax and National Insurance.

Cause i think its daylight robbery.

2007-06-15 04:52:27 · 12 answers · asked by london lady 5

over 1000 a year to have my bin emptied

2007-06-15 04:13:24 · 8 answers · asked by Anonymous

thinking about starting a limited company in UK, mostly for small business (ebay etc), question is what is the limit on the income that is tax free?
Regards

2007-06-14 11:50:32 · 1 answers · asked by Magnanimus 2

2007-06-14 03:23:48 · 1 answers · asked by laughingbunty 1

is 5 percent and not 17.5 why

2007-06-13 12:28:36 · 2 answers · asked by ccosj 5

Hi, I have made some money on an online venture from the uk, a friend is claiming half as they told me how to make the money. For tax purposes what is the best way of declaring the money I have had to pay my adviser?

2007-06-13 08:57:47 · 3 answers · asked by Phil R 1

2007-06-13 07:13:30 · 11 answers · asked by Anonymous

2007-06-13 03:15:15 · 1 answers · asked by David M 1

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