We did over 200 returns over the internet this year and it's much simpler IMHO.
You get an immediate tax calculation confirmed and if you are due a refund, the cheque is automatically issued, without waiting weeks/months for some pencil pusher to get off their arse and do it.
No, unfortunately not.
If you share the income, the exemption will be £2125 for each of you.
If your share of the income exceeds £2125 (which in your example it does) then you have two options:
1) Paying tax on the amount by which your share of the gross rent exceeds £2125, or
2)...
Don't know why everyone is talking about going to the Millwall v Cardiff game.
The reason that we have a free Saturday is because Tranmere are playing MILLWALL in the FA Cup.
:dunce:
In order to hit the higher rate tax band, your earnings in a tax year need to exceed £35,115 (2003/04).
Earnings include Gross Salary, P11D benefits, interest received, Dividends etc etc.
Tinx - Are you just on PAYE, or do you have benefits / dividends etc?
2002/03 returns were due in by 31st January.
However, if you've only just been issued with a return, then you have two months to submit it. Have a look at the front of the return and it will tell you the issue date.