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» Latest threads from uk.finance

Profit on House Sale - Taxable?
If the property has been let out for a year, but this is in the middle of long periods of years when this was the primary property, does that muddy the waters? You would be best to answer the questions, on the "you may have to pay some Capital Gains Tax" link, on the page I gave. However, as I read it, if it really was only one instance and only one year, that can be discounted.
June 17th 17 10:10 PM
0 Replies

Anyone started getting ready to comply with the General Data Protection Regulation (GDPR) that comes into force next May 2018??
June 13th 17 09:28 PM
1 Replies

UNDERSTANDING PLATFORM TRADING. Platform trading utilizes the expertise of qualified traders who are capable of engaging in the purchase and sale of investmentgrade bank debentures in the wholesale market. The trading operation is normally referred to as "controlled" or "managed" bank debenture trading because the supply side of the financial instruments and the “exit buyer” for the financial...
May 26th 17 12:26 PM
0 Replies

Mastercard introduces card with built-in fingerprint scanner
Mastercard has unveiled a new card that comes with a fingerprint scanner, allowing consumers to make purchases without the card ever leaving their hands. It builds on fingerprint scanning technology currently available in smartphones, and can be used at EMV terminals worldwide, the company says. The technology was tested in South Africa, in two separate trials. One was with Pick n Pay, while...
April 22nd 17 07:54 PM
0 Replies

UK businesses without a website are losing a lot of money
There are almost two million small and medium-sized businesses in the UK that don't own a website, and combined they're losing £343 billion every year. This is according to new research by Approved Index, which claims SMEs without websites (a total of 1.98 million of them) are missing out on £173,769 per business, per year. Smaller businesses would benefit the most from introducing a...
April 6th 17 12:26 PM
2 Replies

IHT - Foreign Assets
I am a UK resident and taxpayer. My parents are not UK citizens, do not live in UK, and do not own any assets in UK. My question is, if I inherit their assets (all outside UK) in future, am I liable for any UK inheritance tax? Thanks in advance. Cheers,
March 6th 17 06:03 AM
by tg[_2_]
5 Replies

Private mortgage
I've moved house and haven't yet sold the previous one, which is owned outright. Over the winter my nephew has been living there and now is interested in buying it but would struggle to get a traditional mortgage due to th nature of his work. From my point of view I need some capital and some income to supplement my pension. With this in mind I wonder what happens if I go along the lines of...
February 28th 17 07:23 AM
17 Replies

P800 calculation
Today I received a P800 calculation from HMRC telling me I owe them £1,340 underpaid tax from 2015-16. However, the calculation includes an £889 underpayment from 2014-15 which I am currently paying back via a reduced tax code - it will be fully repaid by the end of this tax year. Is the P800 calculation wrong or is this how they work? Collect it once, then collect it again and hope I don't...
February 24th 17 05:44 PM
6 Replies

Insurance - Large difference between renewal and new quotes
I've just got my annual renewal quotation for my house buildings and contents insurance. It's 400. I have lived in this house for nearly 40 years, and have never made any insurance claims. Although I appreciate the benefit of swapping insurance companies from time to time, I rarely actually make the change. However, as 400 does seem a bit OTT, I've started to get some online quotations -...
February 16th 17 07:51 PM
10 Replies

UK economy rebalancing thanks to lower pound
wrote: https://www.ft.com/content/d394dcbc-e9f4-11e6-893c-082c54a7f539 For Frederick and friends: Survey data seems to show economic balance is shifting from services to manufacturing thanks to the weak pound. You are so fscking stupid.
February 6th 17 02:15 PM
by 7[_2_]
2 Replies

Checking when I opened ISAs
My financial files are a bit of a shambles. Pending much overdue housekeeping and phoning around, I'm not sure whether I've already used my ISA allowance for the current (2016-17) tax year. Presumably HM Revenue & Customs have a database to police the rules although I suspect it's unlikely to be impressively up to date. If such a database exists, can the public access it, directly or indirectly?
January 24th 17 09:05 AM
5 Replies

David Cameroon to launch new Tory Part of The EU
David Cameroon to launch new Tory Part of The EU ------------------------------------------------ David Cameroon the one time Brex**** loser is presently asking for donations to launch a new Conservative Party and a new EU project aiming to bring together ideas of free trade and a boarderless Eurup. In this new Eurup, everyone is free to come and go, but those who enter the UK will be asked to...
January 7th 17 02:07 PM
by 7[_2_]
0 Replies

Settling debts after death
My wife will be the sole owner of our house when I die. Will she have to sell the house to pay off my debts?
January 6th 17 08:49 PM
by Ryder
7 Replies

Pensions and reduced allowance for high incomes
I hope this group isn't completely dead! I'm trying to make sense of the calculations for the reduced ('tapered') pension annual allowance. Hypothetical person gets paid £180K. They also contribute 5K into a pension via salary sacrifice and their employer matches that 5K. (set up before 8th july 2015) They also pay another 8K into a separate pension that then claims the 2K tax relief. (tax...
January 5th 17 06:43 PM
1 Replies

Financial Times - very disappointed
All, I usually look at re-jigging my portfolio of UK stocks and bonds at the beginning of the year. Rather than looking individually on my Hargreaves internet account, I thought it would be nice to see them all on a written page, so I purchased today's FT. The main market section does not seem to show many of the stocks I
January 5th 17 12:15 PM
by fred
1 Replies

China opens 18 day freight train service from China to UK
China opens 18 day freight train service from China to UK --------------------------------------------------------- http://www.telegraph.co.uk/news/2017/01/02/china-launches-freight-train-britain/ Ships take about a month for container transport, planes about 3 days or more and is expensive to very expensive for heavy cargo, but heavy containers now can travel between China and UK directly in...
January 3rd 17 12:48 PM
by 7[_2_]
7 Replies

Why does NatWest take payments early?
Not something I'll lose sleep over, but I'm curious... Just checked my NatWest online current a/c statement (00:30 on 1/1/2017). The most recent two entries are dated 3/1/2017. About 220 in total, taken two days earlier than the scheduled standing order date of Tuesday 3rd January. Multiply a few hundred thousand times and that's a tidy bit of illegitimate interest going to Natwest, isn't it?
December 31st 16 11:38 PM
2 Replies

Policy Holder
Dear Sir, Policy No.28033827 - Ref. 3030/9328 - Statement date. 9 Nov 1986 Plan Name. Manulife Independent Pension Arrangement - Type B Retirement Dt. 15/!2/1995 I would like to draw your attention that I have been living In Mumbai, India for the last 28 years and it is possible/likely you may have written some letters to my old address in Harrow, Middx. which must have gone to astray due to...
December 18th 16 06:36 PM
1 Replies

Manufacturers Life
On Thursday, 8 February 2001 14:52:26 UTC+5:30, Roy Bailey wrote: I am trying to contact The Manufacturers Life Insurance Company. The last address I had, in 1989, was Manulife House, St George's Way, Stevenage, Herts SG1 1 HP. A letter to this address has been returned marked 'Addressee has gone away', and the telephone number no longer works. Does anyone have any information...
December 15th 16 11:53 AM
1 Replies

no vat receipt for item,can I then sell it on iwith VAT?
Quick question, I've purchase an item from someone whom isn't vat registered. However the item brought elsewhere is vatable when brought from someone vat registered. As I've purchased this from someone not registered with VAT, can I still charge VAT on top when selling?
December 9th 16 08:21 AM
2 Replies

define the sender
Greetings. you may find more information at http://www.usps.gov; As a drawback this sample source sounds interesting or new delivery or pick-up requests. road reduced the end-to-end cost of transporting and delivering parcels. The carrier driving the last mile would also benefit by having Postal Service and other postal and logistics companies are using static
December 1st 16 11:42 AM
by dora
0 Replies

NSI Index Linked Certificates
Savers about to renew their certificates for three years are being offered RPI * 0.01%. Without a crystal ball how can anyone contemplate them? Bill.
October 20th 16 07:04 PM
8 Replies

How to treat a purchase from a EC member state on the VAT return.
Hi I just wondered if you can give some advice on the following.... We have recently used a supplier in another EC Member State, they have printed for us brochures at a cost of £25000 (no vat as zero rated) These brochures have then been delivered to us in the UK. The printers have issued us an invoice in sterling Now when it comes to filling in the VAT return, would I need to: Show this...
July 26th 16 07:26 PM
0 Replies

what would an investor buy to gamble on a NATO-Russia war
On 25/05/2016 21:43, Harold Davis wrote: Recently retired NATO general Richard Shirreff, who was Deputy Supreme Allied Commander Europe (DSACEUR) until 2014, has warned about the possibility of a NATO-Russia war in 2017. The trouble, in his scenario, would start in the Baltic area. If an investor (let's call him Beelzebub) wanted to gamble on this possibility, what would he buy...
July 9th 16 11:39 PM
0 Replies

What do you prefer for trading ? Forex or stock indexes ?
Hello, what's better in your opinion, trading forex or stock indexes ? -- http://zeforums.com finance et biologie
May 16th 16 07:43 AM
11 Replies

Making money with Linux
Making money with Linux ----------------------- The whole idea of making money with Linux has always been you can set up your own distros and own markets add content and charge what you want. You don't need permission from anyone. Evidently google and many other companies are adept at it. They have put Linux into their server farms and their smartphones,
April 23rd 16 09:58 PM
by 7[_2_]
10 Replies

US / Canada finance newsgroups / forums?
Le 21/04/2016 2:11, lid a crit : As the subject says. Where can I find some US / Canada finance newsgroups / forums? I invested on the stock market many years ago, and am wondering if this is an appropriate time to get back into shares. Hello, maybe elite trader forums ? --
April 23rd 16 05:49 PM
1 Replies

Explanation of Section 104 'pooled' cost basis for calculating costof shares
Can someone explain how this is calculated? I understand how it works if there are multiple purchases of the same stock over a period of several years.. What if there are also multiple sales of the same stock - how do I calculate the cost price of remaining shares? I've looked for a simple formula that includes sales. Thank you.
April 19th 16 04:13 PM
2 Replies

Poor little Gideon
I see he only got 3 interest on his bank accounts. Perhaps he should use ISAs or perhaps a Santander 123 Account like other hardworking people - unless of course he just has no savings whatsoever. Most odd.
April 12th 16 10:29 AM
by Judith
7 Replies

Dividend Payments (Balance Sheet?)
Hi, Could someone confirm that any Dividend payments made are posted direct to the balance sheet (not on the Profit & Loss?) And what sub catergory should the dividend payments go under on the balance sheet? Many thanks in advance for any feedback, Richard
April 11th 16 10:32 PM
0 Replies

CIS tax payments - checking they've been paid?
I've worked for a couple of rather dodgy builders this year, who paid me via the CIS scheme. I did get pay slips at the time. How do I find out if they paid HMRC my deductions? If they havent paid, what happens? Thanks. -- Alan To reply by mail, change '+' to 'plus'
April 10th 16 08:18 AM
by A.Lee
1 Replies

NS&I website problem (6 April 2016)?
6 April 2016 I am trying to cash in a savings certificate. The NS&I website seems to work; I can log in, select the certificate, click to cash it and I then type into my phone the 4 digit code that NS&I put on the screen and then call me for confirmation. The phone says the cod eis correct and that the screen will change shortly. But the screen remains unchanged. When I check later the...
April 6th 16 01:34 PM
by RobertL
4 Replies

Government pension check
https://www.tax.service.gov.uk/checkmystatepension "you will receive XXX.XX" etc" This assumes that you will make full NI contributions from now until you reach retirement age But you numpties I know that I am not going to do that, I need you to tell me what pension I have actually accrued to date, not some mythical figure based upon bogus assumptions
April 4th 16 11:46 AM
by tim...
7 Replies

Eurotunnel warrants
I have recently discovered that I own some warrants for Eurotunnel shares. These were registered in 1988 - quite a while ago! Nowhere on the certificate does it say these are time limited. I enquired of Eurotunnel and was told they are no longer valid. That can't be right, can it? Why could this happen?
April 3rd 16 02:44 PM
4 Replies

absorption costing
Hi, just wondering if anyone could give advice on a project I am doing in regards to absorption costing. Have completed my figures, would like someone to take a look & advise if I'm heading in the right direction.
March 23rd 16 04:48 PM
by natasha
0 Replies

Buying 'first house' to rent - extra 3% stamp duty or not?
My son, who doesn't own a house, is buying a 'buy to let' property. This will thus be his first and only property. My reading of the new rules about the extra 3% stamp duty is that it won't apply to my son's purchase. Am I right? -- Chris Green ·
March 23rd 16 11:31 AM
1 Replies

House to joint ownership?
Wife and I are in mid seventies. House (paid for) is in my name. Is there any advantage in changing to joint ownership and if so, how to do it. Scotland if it makes any difference.
March 23rd 16 10:37 AM
13 Replies

Qualifying income for pension SIPP contribtion
I closed my compamy down as I am now 90% retired, but still do a little work. I simply send the companies concerned an invoice with no VAT charged (I de-registered) in my personal name not previous company name. I will decare it as untaxed income on my tax return. Does that income allow me to make a SIPP contribution of that amount (assuming greater than the 3600 gross that everybody can do...
March 18th 16 09:29 AM
1 Replies

Marriage Allowance - What constitutes 'income'?
As my wife's income is below the tax threshold, and I have to pay tax, it appears that we qualify for the new Marriage Allowance (introduced last April). However, despite looking at countless websites, I am still uncertain about what 'income' is. Some websites imply that it is total income - for example: "Anyone who earns less than that amount – once earnings from work, savings and...
March 8th 16 01:17 PM
5 Replies

Is there a way to tell how much ISA allowance one has used?
Does HMRC or some other government agency have a record of how much one has invested in ISAs each year? We have had a complicated year and I just haven't a clue how much allowance I have left. Is there any way to find out? -- Chris Green ·
March 2nd 16 12:45 PM
33 Replies

ISA Eligibility
I may be travelling quite often in the next financial year. Can anyone please tell me how long one has to be in the UK to be eligible for that year's Individual Savings Account (ISA)? Is it 90 days, or 6 months, or something else? Thanks very much in advance. TG
March 1st 16 07:10 AM
by tg[_2_]
3 Replies

Broker recommendation website
I need a website where broker forecasts are pulled together and can be easily seen on one page (preferably), rather than having to go from share to share seeing what the current buy/sell views are. Does anyone know of one?
February 17th 16 09:32 PM
2 Replies

temporary withdrawal of funds from ISA
As I understand it, the government now allows us (since Oct 2015) to withdraw funds from an ISA and return them again within the same tax year without using up any of the annual allowance. However, some ISA providers do not permit this, or have not yet implemented it. In such a case one is therfore forced move the ISA to a provider who does offer it. Has anyone made use of this new freedom? ...
February 15th 16 10:12 AM
by RobertL
8 Replies

VAT forums?
Can anyone recommend a good forum/group for a complex VAT question?
January 14th 16 10:55 PM
by Fredxxx
5 Replies

Cash in SIPPs and ISAs
Happy New Year all. We can get reasonable interest on fixed rate cash bonds, eg 3.1% for 5 years. It annoys me, and I think it outrageous that banks and BSs offer lower rates for cash in ISAs. Any "good" reason, other than they can get away with it? I would like to hold cash in some of my SIPPs in fixed rate bonds, eg
January 1st 16 03:57 PM
0 Replies

safe deposit boxes - how safe if a bank fails?
How protected are the contents of safe deposit boxes if a British bank fails? The FSCS, admittedly on a page that talks in baby language and has a cartoon of giraffes, defines a "deposit" as "money placed in a bank or similar institution to earn interest or for safe-keeping" http://www.fscs.org.uk/news/2015/december/new-year-new-fscs-deposits-limit/
December 30th 15 05:23 PM
6 Replies

Council spending
Am I being stupid or is somebody lying? Compare the list by a private auditor: http://www.clacksweb.org.uk/council/spotlightonspend/ To the list by the council themselves: Page 2 (how did we do last year) of http://www.clacksweb.org.uk/document/3063.pdf For example, is education 0.54% or 29%? That's a hell of a discrepancy.
December 26th 15 04:03 PM
9 Replies

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