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Author fookin tax. income tax
AK
Member

Registered: 5th Jul 00
Location: Aberdeen City
User status: Offline
19th Jan 04 at 14:25   View User's Profile U2U Member Reply With Quote
Melville - ahhhhh, cheers

Adam - i can be classed as a sea farer or some shit, seaman stains
Gambit
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Registered: 5th Jun 00
Location: Common Sense HQ
User status: Offline
19th Jan 04 at 14:27   View User's Profile U2U Member Reply With Quote
Donna, its probably the only reason that im still here!

http://www.iomguide.com/taxation.php

[Edited on 19-01-2004 by Gambit]
Andy
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Registered: 28th Dec 99
Location: Cumbria, UK
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19th Jan 04 at 14:28   View User's Profile U2U Member Reply With Quote
Adam - can you provide evidence of employment related expenditure? Anything that you can can be deducted from your gross income - the tax will be related to the balance remaining. I expect to pay around £300 income tax for 2002-2003 thanks to some heavy 'work related' expenses

[Edited on 19-01-2004 by Andy]
AK
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Registered: 5th Jul 00
Location: Aberdeen City
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19th Jan 04 at 14:35   View User's Profile U2U Member Reply With Quote
300 for a year!!! you arse

i wouldnt get away with that a month! plus.... my work pics up all my expenses
vibrio
Banned
Registered: 28th Feb 01
Location: POAH
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19th Jan 04 at 14:40   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Adam Kindness
300 for a year!!! you arse

i wouldnt get away with that a month! plus.... my work pics up all my expenses



yeah but you have to pay for them to start with do you not
AK
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Registered: 5th Jul 00
Location: Aberdeen City
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19th Jan 04 at 14:43   View User's Profile U2U Member Reply With Quote
no....

i tend to get given about 4-500 dollers a time in cash, plus i have a company CC with 6k limit...

if i spend cash, that i wasnt fwd'd, yes.... its out of my pocket till i claim it back
antonOO2
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Registered: 17th Sep 02
Location: Midlands
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20th Jan 04 at 11:16   View User's Profile U2U Member Reply With Quote
mr kindness there is another way to keep your taxes down .treat yourself or shift money to partners accounts

thinking about this i dont think it would work,unless you worked for yourself

[Edited on 20-01-2004 by antonOO2]
Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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20th Jan 04 at 12:03   View User's Profile U2U Member Reply With Quote
'loose your work credit card' next time u go away or on a trip and keep receipts for everything, (but pay on your card), tell work u haven't got receipts for stuff but u can prove on your personal cc bill what u bought blah, then keep a file of receipts for the tax man
AK
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Registered: 5th Jul 00
Location: Aberdeen City
User status: Offline
20th Jan 04 at 13:05   View User's Profile U2U Member Reply With Quote
no..... its not tax on expenses im hacked off about.... nothing to do with expenses...

just income tax
antonOO2
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Registered: 17th Sep 02
Location: Midlands
User status: Offline
20th Jan 04 at 13:29   View User's Profile U2U Member Reply With Quote
yes but if you buy a car during the year for 5000 or give 5000 to your partner at the end of the year you will not get taxed on it

i believe

this is how it works for my dads company ,cause dont you get taxed on your profit after expenses for the year.this might be purely for business owners and might not work

[Edited on 20-01-2004 by antonOO2]
AK
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Registered: 5th Jul 00
Location: Aberdeen City
User status: Offline
20th Jan 04 at 13:34   View User's Profile U2U Member Reply With Quote
its NOT my company.... i get paid, and work for a company.... contract
antonOO2
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Registered: 17th Sep 02
Location: Midlands
User status: Offline
20th Jan 04 at 13:39   View User's Profile U2U Member Reply With Quote
ok sorry bout that ,there are no fiddles then other than gettin your boss to agree to pay you £1 beow the 30500 limit before the higher tax band

its a bitch anything above that and you are basically working for half of your wage

[Edited on 20-01-2004 by antonOO2]

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