Hi all, I am UK resident and I will be due a decent amount of inheritance from my parents who live overseas (non British citizens nor residents). There is no inheritance tax in their country, but do I pay any IHT on that inheritance here as the recipient? I ... Continue Reading
Hi Guys, can you give me some simple information please. I will spare you the story as I did what I needed to do, so please give me some straight information. I bought a new house and lost my job all in one go, so tax office probably does not know my new address. ... Continue Reading
Employer 1 - 15000 miles at 20pm So I can claim MAPS at (45pm-20pm = 25pm for the first 10000) then (25pm-20pm =5pm for the extra 5000)? £0.25x10000 = £2500 £0.05x5000 = £250 TOTAL = £2250 Employer 2 - 6000 miles at 28pm I'm assuming the 10000 does not ... Continue Reading
[b]Does this sound like a ‘reasonable’ way to work out my WFH expenses?[/b] I’m using this tax calculator: https://www.getcoconut.com/work-from-home-allowance-calculator I worked as a freelance writer in one room out of five in total (excluding bathrooms ... Continue Reading
My mother died during 2012 in Spain (spanish residency; British pension). She made no gifts to anyone in the past 7 years and all her half of the assets went to her surviving spouse my father. My father returned to the UK a year later and has been in the UK for ... Continue Reading
Hi I'm a non resident and non domicile British citizen, I have rental property in the UK. If I sell am I still liable For CGT? Continue Reading
I am UK citizen and the sole director of a limited company that has no employees other than myself and conducts its business solely in the UK. My wife is an EU citizen and has no right to live in the UK. I would like my wife to become a Director of the company ... Continue Reading
Our son lives with us currently and is paying rent. Is it possible to claim tax exemption upto £7.5k (it will be considerably less) under the Rent a Room scheme for a family member or does it have to be an external person? I haven't been able to find anything ... Continue Reading
