I have an account (Fidelity) in the US which holds my US shares and dividends. I am resident in UK. When I fill in my UK self assessment I usually declare the dividends as foreign income and calculate the total amount received during the last tax year using the ... Continue Reading

My mother has minority shareholdings (between 20% & 40%) in 4 UK private limited companies that let residential and commercial property. The value of the companies is around £20M. The other half of the family who together have a majority shareholding exclude ... Continue Reading

Hi guys I need some advice - will try to keep things as short in detail as possible but covering all important elements... In July 2007, my father purchased a 3 bed property for me but as I was only 19 years old the property was bought on my fathers name (especially ... Continue Reading

Hi, i no longer have a fixed abode and travel from place to place but i still run a business. i'm unsure what i can put in the address section when filling out my tax return/ self assessment. I have used my parents address in the past but now i cannot as this would ... Continue Reading

Q1. Say that the value of an inherited property was £500,000. I then spend £50,000 on a conservatory. If in the future i sell the house for £600,000, can i deduct the cost of the conservatory to reduce my CGT bill? Continue Reading

Hi What is the best way to record gifts? Gifts include cash gifts into bank account and also cash gifts to a lender to pay of joint mortgage. Is a letter sufficient? I have assumed that it would be but do I need to do anything to make them valid or to make me ... Continue Reading

I have just filled in my 2017/2018 Self Assessment. I filled in the foreign income section as I have shares in Dr Pepper Snapple (following the takeover of Cadbury) and included the amount recd and the (NRA witholding) tax paid. Against this entry, it has the ... Continue Reading

If we sell our primary residence in early 2019 and go abroad travelling for 3 or 4 years, will we be liable for CGT? Continue Reading