My recently deceased mother's will gives the NRB to my sister and I, and passes the rest to her surviving spouse, ie our father. The three of us are executors and there are no other beneficiaries. We have just been granted Probate (with no IHT payable) but have ... Continue Reading
I have applied for registration as a new employer. My application has been acknowledged It takes two weeks to know the outcome of the application another week to get PAYE and Accounts Office reference numbers. Can I employ staff while the application is pending ... Continue Reading
Hello, Our family car has just died. It was however used mostly by my wife who used it for valid business trips to clients several times a week. I am still trying to make head or tail of the tax implications of an electric replacement company car. She is a joint ... Continue Reading
Hello, after the summer I will move to Italy to start a new full time job. I will not be tax resident in Italy in 2019 as I will have spent less than 183 days there. This means Italy will tax only the income from my new job generated locally, so my new salary there. ... Continue Reading
Hi, I have registered for self assessment for some income I received during a split-year tax year during which I moved home to the UK from abroad. I was abroad for over two years as a student, but from the beginning of April I worked full-time for three months, ... Continue Reading
I am an American citizen who was transferred by my company to the UK for a year. I received a grant of RSUs prior to going to the UK. I received another grant while in the UK, and I also had vesting occur in the UK for the first grant I received. Now that I am ... Continue Reading
Hi I'm a 40% tax payer(PAYE) and own a couple of BTL properties which my husband managers. In practice we jointly own the properties, but his name is not on the mortgages because he is not currently employed - looking after the properties is his only job. I currently ... Continue Reading
Suppose a painting was valued at £800 for probate and subsequently sold for £740, but after selling costs were subtracted only £600 remain. I assume it's the £600 figure that goes on the C4 corrective account form and not the £740, is this correct? Continue Reading
