HMRC doesn’t regard lottery winnings as income, so all prizes are tax free, hooray!

This is another one that is really surprisingly frequent; indeed we were asked it only last week (w/e 22 June) so no scoffing there please people.


thanks for looking at my query and hope you folks in the know can assist.


I am not asking an existentialist question but perhaps a philosophical one! 



I am planning to setup an umbrella company for a specific niche. All contractors will go through usual PAYE process, no funny business, no tax evasion issues etc.


We're a very small company with 1k loan from StartupLoans.

Do we pay tax on repayments and interest using the CT61?


Many thanks.

My client has gross dividends of £58,888 with tax credit of £5888.80 yet he is only being given credit for £5807.30.  

An accountant who used to work for HMRC told me a couple of years ago that if I was doing more than 10,000 miles per year for business (and therefore had to start using the lower per mile rate) I c


This another  unFrequentlyAQ just like last time – again just once to my knowledge but you wouldn’t believe how long it took to find an answer for this one as well!