on 22/05/2025 00:41, by PJ999
Hello All,
I think I found the answer to this but I am not one hundred percent sure. (Case 6 for split year treatment?).
I moved abroad mid-April for work in year 2024 to 2025 (not working or claiming benefits in the few days I was in the UK at the start of the ... Continue Reading
on 21/05/2025 16:04, by simonm3
After being non-UK resident for 10 years "UK based assets" are still subject to UK IHT. The HMRC manual is a bit vague as to what that means.
Is this correct?:
* UK assets: UK properties; everything in an ISA or SIPP or UK bank account; any shares in UK listed ... Continue Reading
on 21/05/2025 12:47, by billyg
I know it says you can't claim both,, do they mean in the same year you can't claim both? Continue Reading
on 20/05/2025 08:53, by Kosher
I have filed my wife's 2024/25 tax return notifying losses on two flats, after splitting the freehold into one freehold flat and two leasehold flats. When the two leasehold flats are sold do I then submit actual sales figures and costs of selling and bring forward ... Continue Reading
on 19/05/2025 19:58, by SPerkin71
I apologise in advance because this question has probably been asked many times before. My mother passed away recently and I am uncertain what the Inheritance Tax threshold is.
The facts are these:
My father died in September 2015.
My mother died in March this ... Continue Reading
on 19/05/2025 11:13, by Needhelpcgt
Hello, I'd be grateful for any help with the following:
We are selling our mixed use property (residential flat and shop) for the price we paid for it, so presumably no CGT is due.
However, my issue is on what I have to report for CGT and self assessment.
We ... Continue Reading
on 17/05/2025 20:17, by jaysix6
Hi all,
After some advice please…
I have a full time job (PAYE) £48,000 yearly salary.
Plan 2 student loan
I was thinking to start Uber during evening and weekends.
From a tax point of view what would be the best route for me to take? Sole trader or limited ... Continue Reading
on 17/05/2025 20:03, by mandaris
My wife and I are sole shareholders and directors in Limited Company A (a consultancy trading company) plus Limited Company B (a residential property letting company).
We recently acquired additional properties and income stream in Company B, and we have already ... Continue Reading