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HMRC Self Assesment tax returns
- Thread starter Jon
- Start date
queen81 said:Jon@TheMoneyShed said:queen81 said:RedAlix said:
I have ended up with a NI bill for about 800 quid (don't ask) - Mr Queen doesn't know, yet
not sure child benefit comes into play does it?
Do you not do the NI exception certificate - I do
They said I could only do it if my earnings were under 5.5 grand. This is from a good few years ago. Chammy said something about child benefit.
busybusy said:
Some of it did, yes ;D
I think I made a record of using all the swear words known to man in a single sentence.
With the 5.5 thousand is that from one job or altogether? I pay NI through the agency if I get any work from them but still have to make two payments a year at the post office. It seems for some weeks I end up paying twice.
Karonher said:
Just my earnings altogether. If you earn over about 15k as self-employed I think ya have to pay in Jan & July.
I pay my Class 2 NICs twice a year and everything else owed when I fill in my return. I like to get my done prompt too, just to get it out of the way.
The exemption certificate is indeed only if you earn less than £5,885 per year.
I don't know the exact details with regards to child benefit but as there is a cap on the earnings a household can have now with regards to this (£50,000+ in household money affects it I believe) then it could be that this is making a difference to you, depending on the overall incomings to your home.
The exemption certificate is indeed only if you earn less than £5,885 per year.
I don't know the exact details with regards to child benefit but as there is a cap on the earnings a household can have now with regards to this (£50,000+ in household money affects it I believe) then it could be that this is making a difference to you, depending on the overall incomings to your home.
It isn't total income over £50k.
Just when one person earns over that.
It doesn't matter if the other parent earns nothing.
Don't start me on this subject though!!!
http://www.bbc.co.uk/news/business-17854937
Just when one person earns over that.
It doesn't matter if the other parent earns nothing.
Don't start me on this subject though!!!
http://www.bbc.co.uk/news/business-17854937