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| Author: | stu young [ Thu Sep 30, 2010 5:36 pm ] |
| Post subject: | income tax an NI |
hi all me again with yet another question! how much do you all put aside from your weekly takings for tax an NI |
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| Author: | Brummie Cabbie [ Thu Sep 30, 2010 6:40 pm ] |
| Post subject: | Re: income tax an NI |
stu young wrote: hi all me again with yet another question!
how much do you all put aside from your weekly takings for tax an NI If you put about 20% away, that should be enough for when the tax bill comes & should leave you a bob or two for a very good weekend away!! |
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| Author: | wannabeeahack [ Thu Sep 30, 2010 7:22 pm ] |
| Post subject: | Re: income tax an NI |
stu young wrote: hi all me again with yet another question!
how much do you all put aside from your weekly takings for tax an NI after costs and tax allowances, including 40% capital write-down allowances (year 1, then 20% yr2-4), you may not need any to hold any back......
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| Author: | stu young [ Thu Sep 30, 2010 7:31 pm ] |
| Post subject: | |
renting a car to being with, till i can affford to get my own |
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| Author: | Stinky Pete [ Thu Sep 30, 2010 7:32 pm ] |
| Post subject: | Re: income tax an NI |
wannabeeahack wrote: stu young wrote: hi all me again with yet another question! how much do you all put aside from your weekly takings for tax an NI after costs and tax allowances, including 40% capital write-down allowances (year 1, then 20% yr2-4), you may not need any to hold any back...... ![]() things have changed this year, to do with how your emissions are rated http://www.rossmartin.co.uk/index.php/c ... allowances |
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| Author: | Sussex [ Fri Oct 01, 2010 8:32 am ] |
| Post subject: | Re: income tax an NI |
stu young wrote: hi all me again with yet another question!
how much do you all put aside from your weekly takings for tax an NI Like most, not enough. |
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| Author: | wannabeeahack [ Fri Oct 01, 2010 10:22 am ] |
| Post subject: | |
stu young wrote: renting a car to being with, till i can affford to get my own
ask for a reciept for any rentals/settle you hand over, if it includes VAT make sure thats shown together with the vat reg number |
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| Author: | wannabeeahack [ Fri Oct 01, 2010 10:24 am ] |
| Post subject: | Re: income tax an NI |
Stinky Pete wrote: wannabeeahack wrote: stu young wrote: hi all me again with yet another question! how much do you all put aside from your weekly takings for tax an NI after costs and tax allowances, including 40% capital write-down allowances (year 1, then 20% yr2-4), you may not need any to hold any back...... ![]() things have changed this year, to do with how your emissions are rated http://www.rossmartin.co.uk/index.php/c ... allowances ill have to rent the car off the wife then, 100% tax allowable at source, she can register as a zero profit business owning 1 car ---- mine that way i can claim £6500 car rental each and every year, she makes nothing thanks to her personal tax allowance, if she goes ltd she could easily be off work sick for 6 months (stress) and get £70/wk SSP refunded off HMRC..... pmsl......every holes a goal or as my accountant said once "why do you employ me?"
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