Morning I have a situation where someone has sold a property that they both lived in and also rented out. There is no gain tax because of capital costs incurred and also exempt portion when they lived in the property. I know that non residents still need to report ... Continue Reading
Hello, If a parent (called a) is a beneficiary of a will but wishes to direct the inherited assets to his son (called b) but b is also executor, do the assets need to be passed by b as executor to a first and the back from a to b to implement the dov or can b ... Continue Reading
Hi I am trying to sell a property I own in India, I am a UK citizen and an OCI card holder - Overseas Indian citizen! I am taxed at source by my employer and never had to declare my income as I do not have any other income source in UK or India. When I sell my ... Continue Reading
Hi there. I am buying goods from a EU company who are delivering them to the Netherlands for me. I will then ship them from the Netherlands to Israel, ie outside the EU. The supplier (in Romania) wants to charge me VAT at 19% on the cost of goods to the delivery ... Continue Reading
Can ISA Dividends/Interest be ignored and need not be included in calculations related to Annual personal taxes? Continue Reading
Hello. My father recently passed away from Coronavirus, God rest his soul. He and my mother were married but separated by mutual agreement for many years and own(ed) their home as [i]tenants in common[/i] after the change from [i]joint tenancy[/i] was made with ... Continue Reading
Hi I wonder if anyone can help, I am retired and have no income Apart from savings interest, I have recently purchased a property To let out , and have spent some money On replacement carpets and painting walls etc, which are deemed tax deductible, but due to it ... Continue Reading
Hi there, Thanks in advacnce for the help. I am currently in the process of selling my second home that my ex and my children live in and I am a bit confused about the CGT return. Let me summarise - Property purchased in 2006, joint tenants - Me and ex split ... Continue Reading
