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Where Taxpayers and Advisers Meet
Latest from the Forum Post Your Tax Query Latest from the Forum
Turks and Caicos
on 18/06/2019 21:31, by londontax88

I have been offered a 2-year contract in Turks and Caicos, due to head out there in November this year. I plan to return to the UK at the end of that contract. The big draw for me is that there is no income tax in the UK. I am planning to send money back to ... Continue Reading

Gift of property and stamp duty
on 18/06/2019 19:07, by mustardfunk6

I can't afford to buy a property, so my parents want to gift me a rental property worth £200k (no mortgage) for me to live in for free. However, I want to know if I wanted to pay them back say £18K a year (what I pay in rent now), how would that be treated ... Continue Reading

More than one transfer
on 18/06/2019 14:40, by Brightonian

A client transferred his former PPR to his wife some years ago for income tax purposes using a deed of trust - she was a basic rate taxpayer and he was higher rate and so she paid less tax on rental profit. However, they are now thinking of selling. The transfer ... Continue Reading

Inside IR35 but pay into ltd company bank account
on 18/06/2019 11:47, by inspiring dummy

I work inside IR35 in MOJ. I don't have an umbrella company. I use an independent payment company (who is not my umbrella company) they deduct taxes and NI and £5 (each transaction) for doing this then pays money to my ltd business bank account. my ltd company ... Continue Reading

Overages
on 17/06/2019 12:57, by Nonimous

Client sold inherited farmland in 2015 with a side agreement that if the buyer was able to get planning permission and implement it (which appears to mean starting work) then she would receive an additional payment. The additional payment consists of a percentage ... Continue Reading

Self-Employment Income Tax
on 16/06/2019 17:24, by ee223344

Hi All, My case is a little tricky and I haven't heard any similar cases to refer to. It would be extremely helpful and kind of you to give me some guides. Since mid 2017 I have been freelancing via a British agent. Because I have been in a relationship with ... Continue Reading

Form SA100 - confirming it's been rec'vd at HMRC by post
on 15/06/2019 10:35, by paulspad

Hi all, A simple enough question but I can't seem to find any answer to this online (via gov.uk) or any forum post. The question is, if submitting Form SA100 (annual self assessment tax return) by post how does one find out whether it's been successfully received ... Continue Reading

New kitchen tax deductible?
on 15/06/2019 08:57, by bubu

Hello, I paid to have a new kitchen put into my rental property last August. The old kitchen was really old. The new kitchen is almost exactly the same, just new. Nothing fancy. I am doing my 2018/2019 tax return and want to know if I can claim any tax reliefs ... Continue Reading

Tony Talks - 

In his latest practice blog, ICPA Chairman, Tony Margaritelli discusses being professional, and asks how professional are HMRC and LITRG?