I gifted a house to my Son 8 years ago when worth £100,000. He has now decided to sell it. What sort of capital gains does my son have to pay? Continue Reading

Dear all I have some rental properties which I manage myself. I use my car on daily basis for all the property management. On one occasion, I was involved in an accident. Although it was not my fault, it is resulted I had to pay the other side's lawyer £7000 ... Continue Reading

A father and son own a large property, with 20 acres of land, 50:50 tenants in common. The son has used his own money (approx £600,000) to build a commercial property (for the son’s own business) on a portion of the land that they jointly own. The commercial ... Continue Reading

I have just downloaded a 105 page document from HMRC but, before I start wading through it, I thought I would ask for some guidance here first..... My son is currently working in Vietnam. I act as his Agent for HMRC whilst he is temporarily working abroad. Some ... Continue Reading

Hi, About 5 years ago (2014) I gave my son my old UK buy-to-let property. I don't live in the UK, which made the conveyance tricky as our conveyancer said he could not transfer it unless and until i came to the UK to do it. Therefore, my son and I agreed (and ... Continue Reading

Hi hope someone can point me in the right direction…. My wife and I are directors of our own limited company which carries out electronic product development. Together we also are partners in predominantly my wife’s painting and decoration company. Last year ... Continue Reading

My wife inherited a house from her mother in November 1986. It was tenanted then and has remained so since. It would have had a value at that time which I guess we can find out from somewhere, RICS maybe ? Let's call that value 'A' In January 2017 the property ... Continue Reading

Hi, I was born in Spain and have lived there all my life. I went to school in the UK (I'm now 68) and have had a investment portfolio with a UK stock broker friend for over 25 years. The portfolio is worth about £800,000 and is invested in a range of blue chip ... Continue Reading