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Where Taxpayers and Advisers Meet
Latest from the Forum Post Your Tax Query Latest from the Forum
Confused Dinosaur - Emigrating/ Retiring to Israel
on 19/03/2019 16:54, by 2ba4t

I am very confused by all the following and would greatly appreciate any help or experience on all the competing factors: 1. we have bought outright a home in Israel and it will be ready in about a year when we shall emigrate 2. our current personal UK residence ... Continue Reading

Personal pension contribution
on 19/03/2019 06:03, by vaibhav1608

Hi, My employer seems to have used an incorrect tax code and hence have deducted slightly less tax from my salary I was wondering if I can make some personal contribution to my pension and reduce my taxable salary to be in line with the actual tax that I have ... Continue Reading

Penalties for self assessment
on 18/03/2019 19:15, by Yiannis17

Hi I wanted to confirm the situation regarding HMRC and penalties for the submission of tax returns. If someone files a'voluntary' tax return for previous years not requested by HMRC, my understanding is they not should be given a penalty. Interest yes on any ... Continue Reading

royalties?
on 18/03/2019 13:53, by frani

Hello, I am on benefits due to poor health. Years ago I did some work that resulted in very small royalties say 500 gbp a year. I wonder what I would have to do should I receive royalties again at similar small amounts. I don't know what the threshold is but ... Continue Reading

Income tax + CGT
on 18/03/2019 12:51, by flummoxed

I used to think I had a basic understanding of income and CGT tax but after spending a couple of days of working out my tax position with the changes of the last few years, I'm totally brain-fogged. Doesn't take much to do that now, something to do with drifting ... Continue Reading

Too late for reclaim for additional dwelling?
on 17/03/2019 13:16, by nicktwick

I think I may have made a huge error. I bought a new residence in June 2017. I then sold what had been my main residence in August 2018. I felt sure I had 12 months from selling my previous main residence to reclaim the higher rate of stamp duty that I had paid ... Continue Reading

Transferring money from Hong Kong to UK
on 17/03/2019 08:45, by HKFoot

Hi, I am a Hong Kong ethnic Chinese but acquired UK citizenship under British Nationality (Hong Kong) Act, 1990 before the UK left HK. I rarely live in the UK other than brief vacations. My nephew and nice are also UK citizens. They are educated in the UK and ... Continue Reading

Tony Talks - 

ICPA Chairman, Tony Margaritelli discusses late rules on exemptions for MTD4Vat, why HMRC simply can't cope and what's coming up this month.