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 11 matches

Go to advanced search

by aiyu
Fri Feb 01, 2019 6:19 pm
Forum: International Tax
Topic: transfer of income from offshore
Replies: 3
Views: 607

transfer of income from offshore

A UK resident & non dom wish to transfer £50k from overseas income held offshore to his UK domiciled/resident spouse ? Is such spouse to spouse transfer is free or must this be declared under the remittance basis because it's not capital. Many thanks.
by aiyu
Fri Feb 01, 2019 6:03 pm
Forum: VAT & Excise Duties
Topic: Help please, how to claim VAT refund for a non VAT registered person
Replies: 5
Views: 655

Help please, how to claim VAT refund for a non VAT registered person

I would very much appreciate on how to claim back a VAT from HMRC, for non delivery of goods and services. I am not a VAT registered and do not own any business. A VAT registered construction limited company took a deposit from me £13k including the VAT and never carried out any work. The company wa...
by aiyu
Fri Jul 13, 2018 9:28 pm
Forum: VAT & Excise Duties
Topic: How to claim VAT back if you are ordinary person not VAT registered?
Replies: 6
Views: 1023

Re: How to claim VAT back if you are ordinary person not VAT registered?

It's a scam but is was made to look as though a business that went bust. Took deposits from creditors right to the end before liquidation. No office rent it was a virtual office, no wage roll, no machinery or building equipment and no intention of doing construction work. In this instance the VAT wa...
by aiyu
Fri Jul 13, 2018 3:14 pm
Forum: VAT & Excise Duties
Topic: How to claim VAT back if you are ordinary person not VAT registered?
Replies: 6
Views: 1023

Re: How to claim VAT back if you are ordinary person not VAT registered?

Hi AdamS93, his liquidator said there’s no money left. All creditors received nothing. But VAT had been paid to HMRC. Creditors never received goods or services. Thanks
by aiyu
Thu Jul 12, 2018 10:28 pm
Forum: VAT & Excise Duties
Topic: How to claim VAT back if you are ordinary person not VAT registered?
Replies: 6
Views: 1023

Re: How to claim VAT back if you are ordinary person not VAT registered?

Hi Pawncob
It is Trading Standard. I’m amazed that so much VAT paid for services and goods never delivered, but we can’t claim it back! What a system.
by aiyu
Wed Jul 11, 2018 5:47 pm
Forum: VAT & Excise Duties
Topic: How to claim VAT back if you are ordinary person not VAT registered?
Replies: 6
Views: 1023

How to claim VAT back if you are ordinary person not VAT registered?

Help please. A group of ordinary folks approx 50 individuals had recently been conned by an organised scammer/builder who took 25-30% deposit from the contract value. The building work never started and this individual disappeared and put the company in liquidation. The authority that deals with thi...
by aiyu
Fri Jun 29, 2018 4:38 pm
Forum: Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
Topic: non dom and discretionary trust wills
Replies: 8
Views: 872

Re: non dom and discretionary trust wills

Maths,

Thank you, it absolutely makes sense appointing family/friends to oversee that my wishes are carried out. I presume the appointed person can act as co-executors as well as the co-trustees.
Have a good weekend.
With best wishes
by aiyu
Fri Jun 29, 2018 12:16 pm
Forum: Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
Topic: non dom and discretionary trust wills
Replies: 8
Views: 872

Re: non dom and discretionary trust wills

Dear Maths, Many thanks for taking time to answer my question, very helpful indeed in shaping up my plan. I am preparing to sell my overseas asset prior to the status deemed domiciled. Unfortunately I do not know who the trustee is going to be, I was told it would be one of the directors, as the com...
by aiyu
Thu Jun 28, 2018 2:29 pm
Forum: Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
Topic: non dom and discretionary trust wills
Replies: 8
Views: 872

Re: non dom and discretionary trust wills

Hi Maths, Thank you for your advice. Very helpful indeed. Abandoned offshore trust 8 years ago due to it's complexity, diminishing benefits and the high running cost. Currently have gone done the trust wills route, as I may be deemed domiciled in 3 years time, but I am wondering what the drawbacks a...
by aiyu
Wed Jun 27, 2018 1:45 pm
Forum: Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
Topic: non dom and discretionary trust wills
Replies: 8
Views: 872

Re: non dom and discretionary trust wills

Maths, I quoted yr questions with answers. 1. What is the domicile status of your wife? The domicile status of my husband is UK (retired). 2. How many years have you and your wife resided in the UK? We both returned end of 2015 after being away 8 years and prior to that I resided here on and off fr...

Go to advanced search