Hi I have not submitted a SA return since 2007. I estimate a liability of approx £50,000 built up over that timeframe. I am now in a position where I have access to funds to clear this however I am concerned about the penalties involved. From what I can read ... Continue Reading
Hello, im about to start a new F/T job in Spain but I have an idea for maintaining a small income stream in the UK by selling some digital products. The Spanish job is a realatiey modest income (25000 euros) and the UK income stream is likely to be around £8000 ... Continue Reading
Hi All, I have never owned a property in the UK. For the last 15 years I have lived with my elderly mother in her property. I am on the electoral roll at this address, HMRC send my tax returns to this address, my doctor, banks and everybody else has me as being ... Continue Reading
I am a trustee, along with my sisters and mother, of a nil-rate-band discretionary trust created by my late father’s will. The trust’s assets comprise: - cash held in a savings account (earning a low rate of interest), and - investments in OEICs and similar ... Continue Reading
Hi I run a VAT registered LTD company in the UK. I run an online blog and offer advertising space on this website for sale, customer’s pre pay for a period for example 6 months to advertise their products on the website. The website is physically hosted in the ... Continue Reading
I own a flat in London which i was living in up to August 2015. I then moved from to Ireland and rented it out. I now (August 2017) would like to sell it. How do i correctly work out CGT as i have been told it is only done on the increased value, passed the initial ... Continue Reading
Hi everybody, I'm really stuck and I don't know what to do...... I'm a qualified hypnotherapist, and I have a practise in which I offer hypnotherapy every Saturday. After room rental, I make £38 per appointment and see on average two or three people every week. During ... Continue Reading
Hi all, way back in the seventies I emigrated to South Africa where I invested in an Endowment policy with what was then the Prudential an is now called Liberty. The policy is due to mature later this year and I am concerned about the amount of tax HMRC will demand.They ... Continue Reading
