I'm a UK national who returned to the UK in 2024 after living/working in USA for 25 years. I worked for a US company, 100% in the US, and retired from there in 2022. However, this year I will receive some deferred compensation (cash and shares) that will taxed ... Continue Reading
I think this is a fairly basic question, but I am struggling to find a clear answer to it: My son, who is 17 and in full-time education, has created something that he wants to sell over the internet. Given his age, payment intermediaries (through which customers ... Continue Reading
Hi. I was born and have lived my whole life in England. I inherited a share of a relative's house in Portugal several years ago and it sold in August 2024. I have paid capital gains tax in Portugal. Do I need to declare the gain and pay tax in the UK as well or ... Continue Reading
Hi all, Given MTD is applicable for all landlords from April 2026, which apps are people using and are those apps also capable of submitting the full tax return at the end of the year (including income from other sources)? It still seems like there aren't many ... Continue Reading
Hi, I am completing my tax return using the HMRC website (as per previous years) but for some reason this year it is not taking into account my finance charges. Normally I would see the finance charges x 20% to see the relief. But now it is reducing the finance ... Continue Reading
I am a UK citizen. I left the UK to work in the US, and earned shares in a company while there. I left the US, and ceased to be tax resident there (i.e. I met the non-tax-resident requirements). After that, I sold the shares, for a profit. In the UK tax year that ... Continue Reading
I'm considering selling my business, but I'm concerned because it appears there will be a significant tax liability on the company’s tangible assets. What I don’t understand is this: I would only make a capital gain if those assets were actually sold. However, ... Continue Reading
Quick question - if extra NIC years are bought are they tax allowable on SA return Thanks Continue Reading
