Hi everyone, I am a non-dom UK resident and I am looking for some clarification on how Overseas Workday Relief (OWR) interacts with RSU vesting periods that span into the 4th tax year. My Situation: - I have been a UK tax resident for 3 full tax years. The current ... Continue Reading
Can anyone help clarify the following 1. Does a personal SIPP contribution (relief-at-source) extend the basic-rate income-tax band for the purpose of calculating the CGT rate applied to property gains? 2. If so, how should this extension be reflected in the ... Continue Reading
The context for this query is that I am a recently retired UK resident & citizen who had a USA 401(k) retirement plan (I worked for a US company for a few years in the noughties). In 2024, I decided to start taking distributions from this 401(k) plan. The ... Continue Reading
I’m looking to engage a firm or individual with experience in Corporate Interest Restriction (CIR) compliance to assist with filing and ongoing administration. If you have relevant expertise or can recommend someone, please feel free to message me directly. Continue Reading
I've now had 3 attempts on 3 different lines to register a POA for my mother (she has dementia) so I can manage her tax affairs. Their website states the below (my POA was only registered 4 months ago) - but the agents keep telling me I need to write in and send ... Continue Reading
Is it true that the "Let Property Campaign" (LPC) cannot be used by landlords who have had any prior contact with HMRC about their rental income - for example HMRC approved their NRL1 form and set up a tax return file? As I have been reading online that the The ... Continue Reading
My partnership (not limited) stopped trading just before April 5th 2025. I have just realised (from an HMRC video) that I should have notified HMRC before the end of the tax year if the partnership was ending in that tax year. When I do the partnership and self ... Continue Reading
If the basic rate of income tax is raised will the tax already paid by the insurance company cover it or will more have to be paid. As it is a large gain over 25 years it would be very expensive and I'm tempted to cash it in right now. Continue Reading
