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Non-resident landlord tax return query
on 04/07/2015 07:20, by edaus2015

Hi, I own a UK property with rental income with my wife. I am preparing to do my tax return but am not sure if I am required to submit returns for both of us, or whether I can claim the full income as mine (it is under the Personal Allowance threshold), thereby ... Continue Reading

Paying Tax on a Gift..
on 03/07/2015 17:13, by MilkyWay

its just for the principle... if someone gives me "one million pound" as a gift and its not family would their be any tax that has to be paid as soon as i get the money? and/or who would have to pay the tax me or the person given me the money? Continue Reading

HMRC Trust registration requirements
on 03/07/2015 01:30, by andyc456

I’m a dual US/UK national with US parents that live in the US. I have no assets in the UK nor do I earn UK income, so I haven’t filed UK taxes in many years. I’m about to return to the UK after a 7 year absence to live for an indefinite period as a non-domiciled ... Continue Reading

Self assessment
on 02/07/2015 19:54, by rutar

Thank you in advance for your advice. My mother receives the follow monthly pension: 1) Occupational Pension Gross £1,637 Tax £342 Net £1,295 2) Occupational Pension Gross £427 Tax £85 Net £342 (This is 50% of my late father’s pension 3) State pension ... Continue Reading

Reservation of benefit
on 02/07/2015 16:23, by eva1

My father passed away a year ago, he gifted 2 properties in mine and my brothers names, both were within 7 years of his death. He was renting the properties and collecting the rental and paying tax on the income. What is our position with regards to this set up ... Continue Reading

Rotational Expat Tax
on 02/07/2015 15:38, by Mishi

Hi I have just been offered a job in China on a 8/2 rotation its a 1 year renewal contract for 3 years. The company is based in Dubia and the rate is 900 USD per day. However they said that only 4000 USD will be send to China to be taxed and the rest will be ... Continue Reading

Rental income
on 02/07/2015 13:56, by rutar

Thank you in advance for your advice on the following situation: My mother and I own a 3- bed rental property, I own one- third and mother owns two-thirds. We have just started renting and earn £1800 pcm on this. The mortgage interest on the property is £150 ... Continue Reading

Talk 22: The definition of plant - challenging HMRC

Tony Talks

"HMRC plans Regulation of Agents by the Back Door"