I work for a company and my job involves around 400 mile a day driving. Obviously with this amount of miles I’ll get a company car. I’m allowed to do personal modes in the car and the company charges £.16 per mile for the fuel. How will this set up affect ... Continue Reading
Hello I have filed for divorce and we have a 2nd buy to let property. It is 2 bedroom, rented out to a single person and I have just moved in there into the second bedroom. Both properties are jointly owned. I want to sell it and buy a place closer to the marital ... Continue Reading
Hi there if someone could clarify. I am trying to open additional savings accounts for myself and husband. Since Brexit when applying i notice that some banks ask if he has uk Citizenship.( not Nationality) . My husband has an Italian passport but has lived in ... Continue Reading
Hi, I own a property that has been let for many years but is currently vacant. I have occupied the house for about five years in the past. it is valued at about £400,000. I also have investment of £150,000. My will leaves the whole of my estate to my wife. She ... Continue Reading
my total income (from my main job and income from let properties) has gone above the threshold £50,000.00 a year since 2020 where as landlord can not offset the mortgage interest on my let property as an expenses. The HMRC kept paying the child benefit for my ... Continue Reading
My tax code is incorrect due to my State Pension being overstated. The Pension Service have provided an amount to HMRC which equates to my new weekly pension x 52. The problem is, my pension increase does not begin until week four, so the actual amount that I will ... Continue Reading
Hi, How many "Number of Disposals" is this on the CG Tax Summary? i.e. does a disposal represent the number of closed out positions (one in this case) or the number of buy transactions (two) or something else? Day 1 buy 10000 shares in Tesla Day 2 sell 5000 ... Continue Reading
Hi! I sold my old home which was rented out for the 10 years after we lived there for 4 years before that. My accountant tells me that any work done to the house WHEN we lived there, is tax deductible from the CGT we now owe. Is this right? Thank you :) Continue Reading
