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.

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.


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

Where Taxpayers and Advisers Meet

Search found 6 matches

Go to advanced search

by Matt2008
Mon Mar 16, 2020 9:22 am
Forum: Capital Gains Tax, CGT
Topic: Income tax relief on negligible value claim
Replies: 1
Views: 592

Income tax relief on negligible value claim

Hi there - just a query as to negligible value relief. I lost some money on Carillion shares. I checked with my accountant as to whether I can claim income tax relief on the capital loss. My accountant has stated that this is only available if shares were "subscribed for" - i.e. granted on the initi...
by Matt2008
Sat Nov 02, 2019 6:11 pm
Forum: Property Taxation
Topic: Property Management Company
Replies: 1
Views: 1844

Property Management Company

Hi there - my wife and I have various BTL and commercial properties as individuals. We have a property management business (limited company owned by my wife) which collects the rent for the residential property and charges commission. It is not registered for VAT because the turnover is under £85k. ...
by Matt2008
Sat Nov 02, 2019 4:08 pm
Forum: VAT & Excise Duties
Topic: Turnover
Replies: 1
Views: 1459


Hi there I wonder whether you can help. I have a company and don’t know whether to register for vat. Would prefer not to is possible. Thing is the income is greater than 85k in 12 months but only because invoices were paid late. Is turnover calculated at the point of sale on invoices amounts or when...
by Matt2008
Thu Feb 21, 2013 5:09 pm
Forum: Capital Gains Tax, CGT
Topic: Capital Allowances and CGT
Replies: 3
Views: 504

Capital Allowances and CGT

We are proposing to develop part of our business premises (currently unuseable) and anticipate that the development will give rise to a capital gain when we eventually retire and sell the premises. We are a partnership and wish to transfer into/sell the property to a limited company. The plan (as ad...
by Matt2008
Fri Nov 05, 2010 1:51 am
Forum: Stamp Duty, Stamp Duty Land Tax, SDLT
Topic: Stamp Duty
Replies: 2
Views: 832

Stamp Duty

Can you help. I have lost records of stamp duty paid on purchase of a property 10 years ago but from the stamp duty limits it is clear that the stamp duty would have been paid at 1% of the purchase price. Will the Revenue accept this as a deduction for CGT even though I no longer have the completion...
by Matt2008
Mon Nov 01, 2010 8:59 pm
Forum: Capital Gains Tax, CGT
Topic: Capital Gains Tax
Replies: 1
Views: 509

Capital Gains Tax

Can anyone help with an issue I have in relation to capital gains tax. My parents bought a flat and lived in it as their principal residence for some time (I think about 2 years). At that time they had another flat in the country which they went to at weekends. The utility bills are in my father's n...

Go to advanced search