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Where Taxpayers and Advisers Meet
Latest from the Forum Post Your Tax Query Latest from the Forum
Selling Property rented for commercial use
on 24/08/2019 08:38, by rohit_julka

Hi, I have property which is rented out for commercial use but 5 year ago it was rented out as residential use. Now i am planning to sell that property but i am confused what CGT rate will apply on gain 10/20% or 18/28%, will there be PRR or LR will apply? in ... Continue Reading

Possible CGT Liability
on 21/08/2019 15:27, by jafarsultani

Hi, Currently my parents, brother and I own two properties. Both my parents and my brother are looking to remove their names from one of the properties, essentially the transfer of deeds will be gifted at no monetary value. It was bought to my attention by our ... Continue Reading

stamp duty
on 21/08/2019 12:22, by mill

Several years ago my husband and I purchased a holiday home. At the time we drew up a declaration of trust in the names of myself, my husband and our two adult children which specified that the property was held in trust by the four for the benefit of only myself ... Continue Reading

Uk citizen setting up a remote business in the usa
on 21/08/2019 10:21, by emybotanicals

Hi, I am a uk citizen, myself and my business partners (all US citizens) will be setting up an LLC in the USA. I will be running the company remotely so will not be residing in the usa, but our business (selling herbs and teas online) will all take place in the ... Continue Reading

Tax on compensation payment
on 20/08/2019 15:36, by Yiannis17

Afternoon I have a complicated situation here whereby someone became non resident for about 4 tax years from 2014 and worked abroad for a UK company in the middle east. He was paid by the UK company into his bank account in the middle east. The duties where always ... Continue Reading

IHT435
on 18/08/2019 15:07, by Nick1412

I am looking for help in completing the form IHT435. The situation is as follows: my father-in-law died on 2 April 2017 and a small part of his estate passed to his wife and the rest to his two daughters (including his half interest in the family home). My mother-in-law ... Continue Reading

With Profits Bond - Top Slicing
on 17/08/2019 17:46, by Angelchops

My 88 year old mum has held a with profits policy for 24 years which she is now trying to decide whether to cash-in. One of the things I’m helping her to weigh up is the tax liability. I would appreciate some advice on whether I have fully understood the rules ... Continue Reading

Tony Talks - 

ICPA Chairman Tony Margaritelli asks What Tax Gap? and discusses the domestic reverse charge for VAT