This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet
Latest from the Forum Post Your Tax Query Latest from the Forum
Transfer 50% of property to my wife to reduce CGT
on 23/04/2019 22:02, by ug76gxf

Hello, I have read a few posts from people in similar positions but does answer my questions fully Situation. I have a second property which has been rented since I purchased it. Its owed 100% by myself with no mortgage and I wish to sell it now. was brought ... Continue Reading

Capital Gains post-Transfer of Equity
on 23/04/2019 20:10, by gassman

Hi, I hope the answer isn’t too obvious but forgive me as I have limited knowledge of CGT. Apologies this is long...! In 2006, I purchased a property for 200k with a friend, with a mortgage, as tenants in common. I paid 9k of the deposit, he paid 1k (with an ... Continue Reading

Theory planning with England winning world cup
on 23/04/2019 16:37, by billypiper

Non domicile resident over 7 years who has accumulated rental profits abroad of £300,000 in one tax year 2009/2010. I want to pay the £30,000 RBC charge, so do not have to declare this in the UK. One thought arises, is that I could wash it through as a spread ... Continue Reading

5% Vat on renovation.
on 21/04/2019 12:44, by jimoz

Doing a renovation on a property which is subject to 5%VAT having been unoccupied for 2 years prior. Where would the client stand if before works started a SEPERATE detached garage was built on the property? As I understand works (apart from small essential maintenance) ... Continue Reading

In lieu of tax
on 21/04/2019 10:43, by Dino

I’ll have to pay some money for my tax bill 18/19, and I’m wondering if there is a legal way to use that money in another way, instead of giving to the taxman. My understanding is I could have paid it into my pension, but now it’s too late. Is it? Is there ... Continue Reading

UK firs time buyers w/ property abroad?
on 20/04/2019 15:56, by hanz123

Hi, we would like to buy our first home in the UK. About 7 years ago my father transferred his house in Dubai into my name. He's continued to live in it and I've always been living in the UK since. My question is twofold, are we considered first time buyers (we ... Continue Reading

Tony Talks - 

ICPA Chairman Tony Margaritelli discusses HMRC and MTD yet again and looks at OPBAS as they increase the pressure on Money Laundering Supervisors.