My client is not within self assessment. She made a capital loss in the two years ended 5 April 2024 and I submitted her signed claim last year. it was in the form I have always used - 'I wish to make a claim under S.16(2A) TCGA 1992 for losses totalling £x. I ... Continue Reading
Hello everyone, I would like to seek and advice on B2B and B2C rules on EU invoices. The invoices are issued from the UK company with DE VAT registration to the sole trader ( NOT VAT registered) based in Ireland. As per B2B rules, VAT should not be applied in ... Continue Reading
Hi all, My client bought a buy to let property with his girlfriend back in 2017. They got married the following year and were divorced in 2022. As part of the divorce settlement the property was transferred into his own name. My client sold the property last month. My ... Continue Reading
Hello everyone. If anyone can help it would be very much appreciated. I purchased a house and lived in it as my main residence, I then converted it to a BTL and purchased a new main residence. This was before the additional stamp duty charge was introduced. I now ... Continue Reading
I'm slowly getting out of some non-reporting offshore funds, some of which I might end up selling at a loss. It's clear from HMRC's Investment Fund Manual and the legislation that I need to report any gain as an offshore income gain but it's less clear how/if I ... Continue Reading
Hello, I have (Ithink) a straightforward question, but HMRC have been no help on the phone. My situation is this: End of March 2025 I ceased working for my own limited company, and received a P45 (which I still have) In the meantime, I have lsemi-retired, and ... Continue Reading
Hello My daughter is due to get married in 2027. We her parents intend to pay the suppliers direct for her wedding costs which maybe £30,000 . Can we do this & also gift her £5,000 each at the time of the wedding free of IHT ? Or is paying for the Wedding ... Continue Reading
I am trying to fill the online form for Reporting Capital Gains tax on sale of UK property. Unfortunately I am non resident and cannot get verified so I have to use the paper form that is filled online and printed. I have two questions: 1) This is for a BTL ... Continue Reading
