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Where Taxpayers and Advisers Meet

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by bd6759
Sat Jun 22, 2019 6:02 pm
Forum: International Tax
Topic: Employment page or Foreign page?
Replies: 9
Views: 218

Re: Employment page or Foreign page?

Lol bd6759. Wow, I am allowed to ask questions here, for guidance. What is wrong with that?! Nothing at all. The advice you have been given is that you should seek proper help. The simple advice I gave you on another thread seemed to escape your comprehension, so I share the view that you should co...
by bd6759
Fri Jun 21, 2019 4:17 pm
Forum: Stamp Duty, Stamp Duty Land Tax, SDLT
Topic: definition of main residence for stamp duty
Replies: 2
Views: 88

Re: definition of main residence for stamp duty

A residence is a house that you reside in. You do not reside in the house that you own, therefore it is not a residence. If it is not a residence, it can be neither your only residence nor your main residence. (there are exceptions with deemed residence, such as if you reside in employer provide occ...
by bd6759
Fri Jun 21, 2019 4:07 pm
Forum: International Tax
Topic: Employment page or Foreign page?
Replies: 9
Views: 218

Re: Employment page or Foreign page?

Don't be so presumptuous to claim I am just after free advice,
Actually, you are. That is the purpose of posting a question.
And most of my questions are not that complex at all.
Clearly they are, otherwise you wouldn't be asking
by bd6759
Sun Jun 16, 2019 12:58 pm
Forum: General
Topic: SATR - Deduction in March but repair in May.
Replies: 8
Views: 181

Re: SATR - Deduction in March but repair in May.

Wouldn't that be easier and more accurate? No. It what way is it easier or accurate to put in an incorrect amount one year and a negative correction the following the year? If that were remotely possible and accurate, I'll claim a £10,000 expense this year and correct it next year. It will help wit...
by bd6759
Sat Jun 15, 2019 7:25 pm
Forum: General
Topic: SATR - Deduction in March but repair in May.
Replies: 8
Views: 181

Re: SATR - Deduction in March but repair in May.

Your cost is £145.
by bd6759
Fri Jun 14, 2019 5:55 pm
Forum: General
Topic: SATR - Deduction in March but repair in May.
Replies: 8
Views: 181

Re: SATR - Deduction in March but repair in May.

The letting agents dedcuting money to cover a cost is not in itself an expense. It is you reimbusring them for the cost that they met on your behalf that is the expense. If you are using the cash basis, you account for it when the contractor was paid, otherwise you account for it when you became obl...
by bd6759
Fri Jun 14, 2019 12:57 pm
Forum: Property Taxation
Topic: selling a BTL and change of ownership
Replies: 10
Views: 245

Re: selling a BTL and change of ownership

Improvement usually means adding an extension or some other capital expenditure. It seems to me that you are repairing a worn out bathroom and kitchen, unless you are putting in high end fixtures and fittings. It would be unusual to do that to simply sell the property. If you are modifying the prope...
by bd6759
Fri Jun 14, 2019 12:49 pm
Forum: Income Tax
Topic: Divide tax debt between spauses
Replies: 2
Views: 98

Re: Divide tax debt between spauses

This is a legal question rather than a tax one. From a tax perspective the debt is enforceable only on you, and HMRC can only chase you for payment. From a legal perspective it can be argued that this is a debt of the marriage in the same way as property is an asset of the marriage. Its for your sol...
by bd6759
Fri Jun 14, 2019 12:44 pm
Forum: Income Tax
Topic: seeking HMRC approval for claiming a capitalloss on the sale of apartments in Bulgaria in 2009
Replies: 2
Views: 117

Re: seeking HMRC approval for claiming a capitalloss on the sale of apartments in Bulgaria in 2009

You cannot do this. A loss is only an allowable loss if it has been notified to HMRC in the same way as you would make a claim. The time limit for making a claim is 4 years so you are now out of time. There are no provisions to extend the time limit. s16(2A) Taxation of Chargeable Gains Act 1992 say...

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