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

Search found 18 matches

Go to advanced search

by rab_c_nesbitt
Wed Feb 26, 2020 11:55 am
Forum: Capital Gains Tax, CGT
Topic: When CGT declaration required tax/years 19/20 & 20/21
Replies: 2
Views: 570

When CGT declaration required tax/years 19/20 & 20/21

Bought a property, rented out, Scottish Highlands, cheap, £32k in 2000. Sold this tax year, Date of entry 21/02/2020, £105k (3 beds, views of sea lochs, mountains, within 50 mtrs of stream). Various buying and selling expenses: 1st time ever selling a house that I’d not always lived in. Am I right t...
by rab_c_nesbitt
Sun Nov 30, 2014 6:08 pm
Forum: Property Taxation
Topic: Minor CGT loss, B2L sale, how to complete SA?
Replies: 1
Views: 655

Minor CGT loss, B2L sale, how to complete SA?

Wife & SiL jointly inherited MiL's house some 4 years ago: It was then probate valued @ £280k by local estate agent, letter filed. They never resided in it but rented it out, rental income & expenses declared by both, 50/50. Rental income ceased before tax year 13-14. They both submitted SA online f...
by rab_c_nesbitt
Sun Jun 30, 2013 2:35 pm
Forum: Income Tax
Topic: VCT Tax Certificate - how/where to use on SA??
Replies: 1
Views: 601

Re: VCT Tax Certificate - how/where to use on SA??

Page 10 Under "Other tax reliefs" Box 1 "Subscriptions for Venture Capital Trust Shares"

Cheers!
by rab_c_nesbitt
Tue Jun 25, 2013 4:20 pm
Forum: Income Tax
Topic: VCT Tax Certificate - how/where to use on SA??
Replies: 1
Views: 601

VCT Tax Certificate - how/where to use on SA??

Greetings: If this has been answered elsewhere, apologies, but could someone kindly point me to where please?? VCTs I had had an "Enhanced Buy Back" deal in 2012-2013 resulting in me getting a tax certificate for £x,xxx:yy which i believe should reduce my income tax. How & where do I submitt the £x,...
by rab_c_nesbitt
Thu Nov 27, 2008 2:05 pm
Forum: Tax Investigations and Enquiries
Topic: underdeclared tax
Replies: 5
Views: 2865

Re: underdeclared tax

10 years not paying tax?

How good to know this is not as bad as being a benefit cheat..
by rab_c_nesbitt
Sat Nov 22, 2008 12:51 pm
Forum: Property Taxation
Topic: refunded loss of rental income?
Replies: 4
Views: 1113

Re: refunded loss of rental income?

And, if I understand correctly (and I declare recovered arrears as income the Tax man) ,,, if and when you receive any outstanding arrears you'll be pleased to declare that as income... and get taxed on it. Took me some years to find (a few) people who owed me money but, in my case, hearing how the ...
by rab_c_nesbitt
Mon Mar 03, 2008 5:51 am
Forum: International Tax
Topic: To be or not to be - Ex Pat - that is the question..
Replies: 6
Views: 1322

Should read £30b+ turnover...
by rab_c_nesbitt
Mon Mar 03, 2008 5:50 am
Forum: International Tax
Topic: To be or not to be - Ex Pat - that is the question..
Replies: 6
Views: 1322

<t>Always seems to be that the English use the term "ex-Pat" when everyone else would say "Immigrant". In your shoes I'd ask the equivalent Swiss tax site what the advantages are of being an immigrant.<br/> <br/> (NB for those interested in words the born-outwith-UK CEO of a major UK corporate , £0...
by rab_c_nesbitt
Mon Mar 03, 2008 5:40 am
Forum: General
Topic: Using own car - how much allowance?
Replies: 3
Views: 971

<t>Difficult to say without further info... for example if you (I doubt you are..) on £245k pa salary + bonus & had an additional £44k cheap loan to buy the car then I'd say OK, but if you are on a "normal" salary & conditions then quite possibly.<br/> <br/> Was the 20p/mile part of the co...
by rab_c_nesbitt
Mon Mar 03, 2008 2:54 am
Forum: Income Tax
Topic: Dumb Q - mum-in-law income low, pays no tax, best savings vehicle?
Replies: 3
Views: 1170

<t>State pension with SERPS top-up is £124/wk => £6448 & private pension (from deceased husband) £901:80pa so total is £7,349:80, still below threshold I think. <br/> <br/> I guess I am asking or there investments that pay dividends/interest gross or are there similar like ISA's (she has one...

Go to advanced search