When does the new year tax start? like what month?

Yes, there is a personal allowance for each tax year 6th April to 5th April. It usually gets uprated yearly, rates announced in November mini budget. 07/08 拢5225, 08/09 %拢5435

You will pay 20% tax without free-tax allownes on earnings from your second job (from April 2008). On earnings for the firstjob you will pay 20% after tax free allownes.

That's a bit worrying that you don't get a payslip, seems a bit dodgy, you should ask your empoyer about that and report them if they don't start giving you them. Last tax year yo...

The answer to your question depends on what your income was for 2007 that you filed on your tax return. The actual amount depends on the information contained on your tax return. Eligible indivi...

You will remain tax resident until 5 April of the year you leave the UK. From that day you will be not resident and not ordinarily resident. If you sell an asset during your absence there wil...

Hi The rules for this can get a bit complicated but essentially you are alowed to claim anything that is used "wholly and exclusively" for the purposes of your business. Equipment c...

Looks like you've got a taxable benefit included in your code as 拢315 (2007/08) or 拢525 (2008/09) has been deducted. Check form PllD when you receive a copy of it (due before 05/07/08).

That is really good. Select a country which does more trading.. like HONGKONG DUBAI SINGAPORE. practise your international taxation PhD there.