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

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

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

As the executor of a will seeking probate, can I access NS&I Index Linked Certificates, held by the deceased, in order to pay the inheritance due prior to the grant of probate? Continue Reading

Year 1: Income 280000 Property losses 15000 Pension annual allowance is tapered down to 10K regardless of whether the property losses are used to reduce the taxable income and hence the "net income" Year 2: Income 160000 Property profit 15000 The property profit ... Continue Reading

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

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

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