Hi all, My soon-to-be husband and I are planning to move to England from the USA in October and are trying to figure out how taxes will work for him. I am starting a 3 year full time DPhil by research program and will be bringing him as a dependant on my student ... Continue Reading
I took a tax free lump sum from one of my private pensions in the 2024-25 tax year. The maximum I could take was calculated by my financial advisor and she dealt with the pension provider, so the whole thing went smoothly. Where do I declare the lump sum on my ... Continue Reading
My wife disposed of two properties in the 2024-25 tax year and paid the necessary CGT within the stipulated period. Does she have to declare them both (again) on her 2024-25 tax return or is it done and dusted? Continue Reading
Good morning all with this years salary increase I have reached the higher level of paye tax to 40%, just, If I increased the level of pension contribution I make each month am i right in thinking this would reduce my taxable income back to an amount that would ... Continue Reading
I'm considering gifting my rental property to my child; what are the tax implications and potential strategies? :| Continue Reading
Hi All, Not good with tax and wondering if someone on this forum can clarify. Informed by HMRC that i owe £393 income tax from a previous year and have reduced my personal allowance by £1969 so they can collect it through 25/26. Is it better financially for me ... Continue Reading
Hi, We’re a small company with a £7K PAYE bill due this July (not overdue yet). Due to serious cashflow issues, we’d need to set up a Time to Pay plan over 15+ months. I know HMRC typically offers up to 12 months — has anyone had success requesting longer ... Continue Reading
An article on accountingweb confirming HMRC has closed the above. The thread revealed the following: [color=#008000]By kevinringer 07th Jul 2025 10:16 Thanks for asking. I was expelled from the Agent Forum. I had received a number of warnings and was suspended ... Continue Reading
