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Where Taxpayers and Advisers Meet
Latest from the Forum Post Your Tax Query Latest from the Forum
P11D on a used company car
on 11/11/2019 22:03, by accountant1234

Hi, If a company car has been purchased second hand by the company for £5,600 but the original list price was ~£15k, which value should be stated on the P11D? Thanks in advance Continue Reading

Newly self-employed, key dates
on 10/11/2019 17:07, by marchombre02

Hello, I have just started doing a few days as self-employed since May 2019. I was wondering when is the deadline to register for self-assessment, was it october 2019, or is it october 2020? Will I be filling a self-assessment form and paying taxes this january ... Continue Reading

Logging into Government Gateway to check NI contributions
on 10/11/2019 16:29, by Possom

I believe it used to be possible to log in at the link below (from Start Now) with a Government Gateway User ID number in order to check which previous tax years would require topping up with voluntary contributions in order for that year to become a "qualifying ... Continue Reading

Assign Insurance Bond
on 10/11/2019 11:53, by TW1234

It is intended to assign an insurance bond, that has a substantial accrued profit, in its entirety to a minor as an outright gift. (A discretionary trust is not required) I believe that by so doing, no chargeable event is triggered, the assignment becomes a PET, ... Continue Reading

Quick query on SPV to purchase investment property
on 09/11/2019 11:57, by Unclened

Hi all, I am an additional rate tax payer and my spouse is an unemployed home maker. I am thinking of setting up an company/SPV to invest excess savings into a residential investment property, that I would ultimately like to gift to my children when they are 25ish ... Continue Reading

Property Developing across tax years
on 08/11/2019 15:52, by property1972

HI, i am new to this board so apologies if this has been covered before. I purchased a property in Jan 2018 with a view to renovating it and selling it. The property eventually sold in August 2018 and i plan to include this on my 2018/19 self assessment tax return. ... Continue Reading

Buy next door house, change boundary and sell again
on 08/11/2019 15:33, by sharpener

The house next door (in England) is to be sold following the death of one of the owners, est value perhaps 800k. It has an extensive garden (~1/3 acre) and we would like to buy a strip of it to widen our own garden. If the remaining owners are not willing to agree ... Continue Reading

Change of address non residents
on 08/11/2019 12:11, by kanrent

I am a non resident British citizen. Can anyone tell me if I have a legal obligation to inform HMRC when I change my address in my forign country. I always file my self assessment on time every year Continue Reading

Tony Talks - 

ICPA Chairman, Tony Margaritelli discusses Defining Moments that made him go WOW and he takes a look at GDPR which hasn't gone away in his latest in practice blog.