I bought a old farmhouse as a holiday home 25 years ago. I spent money on renovating it and on adding an extension, all with the required planning permissions. I am now planning on selling it, but don't know how to calculate capital gains. At the time I did the ... Continue Reading
Hi there, My husband and I are about to purchase an investment property which we would like to run as a holiday let. We have borrowed against our main residence to fund the purchase and will have no mortgage on the new property. We are both higher rate taxpayers. We ... Continue Reading
hI Im an expat who has lived in Asia for over 20 years and may at some point return to the UK . I own no property in the uk and my family live with me overseas. I have a question about when exactly you become UK tax resident, and when you need to sell your ... Continue Reading
I am Canadian citizen and I am currently living and working in the UK as a permanent resident. I am working as a contractor outside IR35 so I have salary and dividend income. I have to declare my UK income in Canada. Declaring the salary is straight forward but ... Continue Reading
This is slightly complicated, to me at least... I got a job starting next month in Paris. I will be paid in Euros by the UK-based agent that got me the job. I am actually a resident of Abu Dhabi where I live full-time now with my other half. What's the best ... Continue Reading
In June 2020, after 10 years of keeping it invested, I sold a stock and share investment and it was a policy from Insurer Scottish Widow Limited. I then received a “Chargeable Event Certificate, as required under S552 ICTA1988” and I would like to know if ... Continue Reading
A question that has been asked by a client. Pub company that has both Exempt (residential) and VATable supplies (10/90 brewers method) and so therefore a partial exemption (standard) calculation is required. If the business converts it’s non-residential building ... Continue Reading
Hi, I have a client, UK based, he is UK vat registered and also vat registered in Ireland for vat Moss. A business customer with a German Vat number, based in Germany, wants to purchase from him. Does the UK client need to charge the Germany company, vat? Thank ... Continue Reading
