Hi I own a 2 bed flat which I rent out. I lived there from Nov 2003 to early Jan 2014 when I bought and moved into a second property. The flat is registered solely in my name and I have a mortgage for approximately 60% of its value. The rental income is about ... Continue Reading
Hi, hoping that someone can give me some advice here. I am currently employed by a supermarket on a part time basis (20 hours per week) I don't do any overtime except maybe Xnas time, this last year I have taken up photography as a hobby and I am getting quite ... Continue Reading
Hi. I hope someone can help- I ave an appointment with a technical advisor from HMRC next week but looking for any advice in the meantime. Currently VAT registered as a sole proprietor- hairdressing business. On the flat rate scheme- 13%. Considering starting ... Continue Reading
Hi A client has received some (minimal) royalty payments from PRS - these were Royalties due to her deceased husband. I have 2 questions: 1. For Income Tax Purposes should this be declared as her income? If so where is the appropriate place to declare these ... Continue Reading
Hi I currently own my own home with my sole name on the title deeds and mortgage. I'm looking to purchase a new property and convert my existing property into a BLT investment whilst at the same time releasing equity to help purchase the new place. My wife ... Continue Reading
When the executors of my mothers will originally administered the estate in 2013 they omitted to include a gift she had made during the seven years prior to her death. In May 2016 the executors submitted a revised IHT computation to HMRC showing additional IHT. ... Continue Reading
Good Morning I recently discovered that I should have been completing a self assessment form going back to 2014-15 as I triggered the >£100k threshold for income. I'm really unsure around how I should treat pensions contributions made into a company Group ... Continue Reading
Hello experts, One of my best friend from non EU country want to help me (GIFT) with sum £25K deposit towards buying a flat !, Do i need to pay any tax 2, property conveyancing solicitor asking for extensive proof of deposit i show my bank statement still ... Continue Reading
