Hello, I have a FHR in Portugal and for 10 years have paid tax in the UK and Portugal on the same income as I was advised that this was required. I have now heard that I should not be double taxed in the UK on the same income when tax has been paid in Portugal. ... Continue Reading
Hi All I'm currently doing a placement at a Hospital and earn £25,272 a year. However, my placement ends at the end of this month (24th). I wanted to know, since I'm part of the 1257L tax code, would i be entitled to a rebate if i don't work again this tax year ... Continue Reading
In 2013 I was trading as a freelance but never got paid 8 months in a row. I was being stopped tax by the practice but I never reported this income because I'd started practicing through a limited company. I had tried to get the money off this limited company but ... Continue Reading
Hello, I own a flat in a student halls of residence. I am thinking of gifting it to my adult daughter. She is currently renting but will in a couple of years buy her first property. Would the fact that at the point of purchase she owns a flat in a student hall ... Continue Reading
Hello I bought a property some years ago but was unable to refurbish it owing to ageing parent commitments for 15 years etc. Over the years, the property has become derelict and now that I am retired and have taken a pension lump sum, I can renovate it. I paid ... Continue Reading
Hi Please can you tell me how to treat an invoice for paints bought by an artist who has just registered for VAT. The goods were purchased 6 months before the date of registration and some of the paints will have been part used. Does the invoice need to be apportioned ... Continue Reading
Good Afternoon, Should the ex-dividend date or distribution date be used for notional dividends in a Sec104 holding? Quilter and Fidelity say use the ex-div date. The law says use the distribution date. David Refs: Quilter does: https://www.quilter.com/4a16e8/siteassets/documents/platform/guides-and-brochures/20719-cgt-quick-reference-guide-2-section-104-holdings.pdf Accumulation ... Continue Reading
I am 78 y/o considering how to mitigate impending IHT on pension savings. Looking at annuities as a workaround with a view to the following: Buy an annuity with (say) £250k of ~£1M pension pot (already in drawdown, have taken max lump sum but am not drawing ... Continue Reading
