My brother in law (UK domiciled) bought a ruin in Greece in 1994, restored it and in 2020 because of the risk that it might not pass on to his wife when he died, he transferred it into her ownership, retaining a right to use it for life. This is known as a Usufruct ... Continue Reading
Me and my ex-wife agreed informally (out of court) that I would take our savings and she would keep the apartment. We divorced five years ago. However, my ex-wife has not yet removed my name from the property deed. We also still have a joint mortgage, which she ... Continue Reading
Hello, My wife and I are currently UK tax residents. My wife is a US national. I am British. We jointly own a home in UK. We intend to move to Ireland where we will remit my wife's pension from USA. We will follow the necessary procedure to revoke our UK tax ... Continue Reading
Hi, Husband is UK resident and living in a UK property jointly owned with his non-UK resident wife. Wife is living abroad in a house owned solely by her. They are married, not separated, just temporarily living apart. UK house is to be sold. The property had ... Continue Reading
Hi, hope someone knows the answer to this. On paper we have enough surplus income to start sizeable gifting under the "gifts out of income" exemption (s21), but a chunk of this is ISA dividend income, and I'm trying to understand whether that income counts for ... Continue Reading
Hi I own 2 properties, a PPR and a BTL. The PPR is unmortgaged. I am looking to move to a new bigger PPR. If I buy a new PPR, move there, and shortly thereafter give my current PPR to my son, will I be eligible for a refund of the 5% additional stamp duty ? Apologies ... Continue Reading
Hi all, I’ve been looking online at information and wonder if anyone can give me a little more info :- My relative has an investment bond/life policy which was taken out in Jan 2001. It was a single premium of £50,000 and is now worth approx £200,000. She ... Continue Reading
I have a client who is non-resident but who has worked in the UK for 5 days in 2025-26. He is self-employed and his profit was £10,000. Does he have to pay Class 2? If he works in the UK again in the current year and earns over the Class 4 limit, will he have ... Continue Reading
