Відео

My accountant says she has queried this with HMRC and you can only claim via the simplified method/ flat rate £6 per week ie £26 pcm as you mention week but if you work from home in a residential property, you can only claim via that simplified method. So which one is it? Gov.UK also say you can claim a percentage as you mention. £6 a week is pisstake when i have dedicated office room & i use atleast 3 sometimes 5 days per week up to 12 hours a day. Especially when rent & utilities are through the roof!

UK government can go f@@@ themselves

@gosimpletax Using your suggested splitting of time between personal use of a room and business use, how would you go about splitting a bedroom also used as an office space. Is 24 hours equals to 100% time? Also, for a rented home how important is it to calculate the amount of time used exclusively for work in the room used for split purpose?

Can you do a video on this topic for self employed delivery drivers. Alot of people like me now doing uber or deliveroo.

Hi Adam help I am just about to do self assent on my rental house . First time

This is so helpful and makes it really logical, however on you form it's missed off spaces to enter metered water and broadband, so I created my own version on a spreadsheet of your form.

Started a solo tutoring business 2 months ago in January, which is going really well so far. What dates do I have to register by and declare everything and do my taxes? Also, can I claim mileage, as it all adds up? Thanks

Paying tax is now both illegal and unlawful as UK funds and provides weapons for genocide, as determined by UN court and ICJ ruling and UN legal experts.

What if I am self-employed but spend most of my time working in public spaces out of choice (e.g. public library, coffee shops, co-working spaces)? Should I try to estimate how much of the time I was actually at home while working, or is it safe just to calculate my expenses as if all my work was completed at home?

Does this work for PAYE employees who work from home?

Zero in fact pay more tax that should get you out of your home to support the economy

How much percentage could be claimed if one bed flat and for work used just section of living room?

if i run an online business, can i claim self storage as a expense

I have just had a new boiler fitted in a flat I rent out. Can I deduct the whole £2000 from my Tax Return?

Do you include bathroom/kitchen in your "number of rooms" or is it just bedrooms and living rooms that count?

It would be nice to see how shared properties were dealt with. If I am submitting two tax returns, one for myself, one for my wife and we have property in both joint and single names. Do I have to re-add all the details for shared properties again or can they copied over from my wife's account?

HMRC Employment Income Manual EIM32820 states that for 2006/07 onwards, the following are not deductable: Council Tax, Rent, Mortgage Interest, Water Rates, Insurance.

I sold a btl property in Sept 2023 and have completed the real time tax return and paid the cgt. Do I include this sale in the 2022/3 return or 2023/4 ?

I heard about a home allowance if working from home, i assume for electricity etc how is this calculated though? If you work 100% from home say. Same goes for internet use, how do you know how much was for business and personal, just say 50/50?

Is it too late to use this service for the current tax return please?

Does one need to be VAT registered to claim back these expenses or are they available to all sole traders?

Thank you so much for sharing 💯 It's very useful information. I have a question that needs your help. I am an UberEat driver. Can I know is the mileage from home to the workplace is considered personal use? For example, drive the car from home to the place to wait for the order. Would that still count as work-related? Also, from that place to home, would it count as work-related? And sometimes we will stay in the car to wait for the next order. Will the waiting still count as work? Or does it count for personal use? Thanks a lot for your help😊

What about service charges on a flat?

My accountant told me that claiming business use on your home, say 20%, would leave you subject to a capital gains tax liability on 20% the house price increase over the period that you claimed when you sell.

As a lorry driver I have to pick up a lorry from the yard which is a set location, so would my travel expenses to the yard be allowable?

Thanks! Most useful and informative 👍

Great video! Just a quick question, do you have to do anything specific in terms of notifying HMRC if you have a BTL rental property but then decide to start renting it out as a FHA?

I rent out one property. But work full time. Where do I enter the p60?

Really helpful thank you

Very good explanation which is useful

Thank you for this video and calculator - very helpful.

Hi, what about working from home allowance of £312 pa? Couldn't find the option on the SA105

'PromoSM' 😓

oh intersting channel im gonna be just scrolling in the channel rn helpful🎉

Really useful 👍

When doing online self assessment the foreign income for the non domiciled uk tax residents even if it is less than £2000 is taken into account to calculate the tax. Is this the form to be filled in addition to online self assessment for individuals who are non domiciled UK tax residents who have had less than £2000 in interest income from overseas bank which was never remitted to UK ? OR in the online self assessment itself there is a place to mention is separately to save the additional tax being calculated for the amount ?

One qustion, you mentioned that normally people create a separate account with 10$ income and declare that. But shouldn't you be declaring all foreign income you earned as you are going to pay 30k surcharge anyway no matter what income is? isn't not declaring income wrong as per HMRC rules?

Further to my last question, on your company website regarding SA 106, it mentioned that if "You’ve claimed remittance basis, unremittable income and foreign tax credit relief" then you might need to fill in SA106. However, on the software any income filled in would be taxed even i chose to be taxed at remittance basis, is there something wrong? Or there's no need to complete or declare in SA106 if none of those foreign incomes get remitted to UK? Thanks for your clarification!

Hello, thanks for your video. I just tried out the software regarding non dorm using remittance basis. If i have say £50000 of foreign interest income and not remitted to UK should I put that number in "BOX 34"? On the "Please provide details box" what kind of information should i write? thanks!

'PromoSM' 😆

'promo sm'

We shouldn’t even need this. HMRC should make it easy themselves.😤

Hi I know this is an old video but is it possible to record miles for the hmrc flat rate which is 0.45 a mile for first 10k and 0.25 for the rest of the miles. Flat rate as it covers miles , repairs , insurance basically all aspects to do with my van as a same day courier Very interesting video thank you

Re: Portugal question. Depending on how long someone is in Portugal or out of the UK isn't that also a potential factor re: CGT?

no

I'm sorry but what a boring monotone voice, he sounds like he is reading from notes just handed to him. I turned it off after 3 mins.

Hi, I am a non-uk resident and will move to UK by the end of this year. Since UK's tax system is completely different from my living place and so I am planning to use your solution to handle the self assessment. I expected to be unemployed for the first 6 months or even 1 year. So, the dividend generated from US stock (purchased via interactive broker) will be my major income source. I tried to input the records on the page "Foreign Income (SA106)". Description: US CEF 1 from IB Income Category: Dividends Country Code: United States of America USA Gross amount paid: 30000 (before withholding tax 15%?) Foreign Tax Paid : 0 Withholding OR UK Tax Paid: 4500 (30000 x 15%) Do you want to claim foreign tax credit relief: Yes Is the income unremittable : No Summary: Tax liability: 1162.5 Class 4 NI contribution: 0 Class 2 NI contribution: 0 TOTAL TAX LIABILITY: 1162.5 TAX PAID AT SOURCE: 4500 PAYMENTS ON ACCOUNT: 0 TOTAL TAX REBATE FOR 2020 - 2021: 3337.5 Payment: 0 My questions: 1. Should I calculate the dividend (which paid in USD) into GBP first? (which exchange rate should I used) 2. Foreign Tax Paid : 0, is it correct? 3. I want to pay the NI voluntary contribution, how should I input on your system 4. So, what's the exact amount to be pay for UK gov? TOTAL TAX LIABILITY: 1162.5? 5. what is the exact meaning for TOTAL TAX REBATE? I need to pay 1162.5 and then later I will receive £3,337.50??