This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet
Latest from the Forum Post Your Tax Query Latest from the Forum
CGT on inherited Isle of Man propery
on 14/04/2021 15:43, by theequaliser

Hi everyone, I'm domiciled in the UK now and in the situation where I own a house on the Isle of Man due to my parents both passing away. They put my name on the house when I was younger alongside them when I lived there. I'm now planning to sell it and don't ... Continue Reading

Non-reporting offshore fund income gains
on 14/04/2021 10:46, by ms7dcml

Hi, I'm looking for some advice regarding gains from an offshore non-reporting fund. I know that non-reporting fund status means that any gains will be treated as income but my question is whether there is any anti-avoidance legislation around 'bed and breakfasting' ... Continue Reading

First time buyer or not - Joint buyers - Stamp Duty
on 14/04/2021 08:56, by samboston

Hello My son and I wish to buy a house to live in as our main residence. My son has never owned a property, so is a first time buyer. I don't own any property at the moment. Over 10 years ago I did own a property with my wife (50/50%). However, about 10 years ... Continue Reading

Client fee query
on 13/04/2021 23:51, by huntma24

Possible client call today asking for fee quote 5 rental property accounts and personal tax return How much should I charge ? I live in Hastings so fees are usually lower Continue Reading

Self assessment although I'm PAYE
on 13/04/2021 23:00, by Matt james

Hi first time here! I'm employed PAYE and earn £45k before tax per year. I have a company car - cost new around 30k i expect. I pay monthly for private fuel too. My wife receives child benefit (I think its called that?) The past three years HMRC have told me ... Continue Reading

3 years tax due?
on 13/04/2021 20:02, by Sawbospur

My wife got 3 separate tax bills. One each for 2017/18, 2018/19 and 2019/20. Basically saying she owes them £250 approx. She is employed, part time. From what I can gather they are saying she underpaid the tax on healtjcare through her employer? I don't really ... Continue Reading

Stamp duty implication when Father and son buying property
on 13/04/2021 14:57, by samboston

Hello My son and I wish to buy a house to live in as our main residence. My son has never owned a property, so is a first time buyer. I don't own any property at the moment. Over 10 years ago I did owned a property with my wife (50/50%). However, about 10 years ... Continue Reading

Buying main residence
on 13/04/2021 08:42, by Firkinmouse

We sold our home in August 2020. We currently own no properties. We are now in school accommodation which is provided to teachers who do boarding house duties. The house provided is quite small and we have been told a larger property will be available at some ... Continue Reading

ICPA Chairman Tony Margaritelli discusses 3 topics centred around October, including: 1. HMRC Furlough Fraud & Fighting For Your Clients, 2. Think About Yourself, 3. Are You a HMRC Customer.