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Where Taxpayers and Advisers Meet

Search found 18 matches

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by Dev_1
Thu May 16, 2019 3:58 pm
Forum: Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
Topic: PET - Help
Replies: 4
Views: 389

Re: PET - Help

Hello, Firstly thank you very much for finding the time to reply I can’t express how grateful I am. Can I just clarify when you said “You then bought a house and mother moved in with you with her and your former home being let out.” In reply to my question initially does it not matter how long we bo...
by Dev_1
Wed May 15, 2019 7:05 pm
Forum: Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
Topic: PET - Help
Replies: 4
Views: 389

Re: PET - Help

Hello,

If someone can kindly provide their thoughts i would be most grateful, this has been playing on my mind and driving me crazy.

I really do appreciate any thoughts on this.

kind regards
by Dev_1
Wed May 15, 2019 4:06 pm
Forum: Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
Topic: PET - Help
Replies: 4
Views: 389

PET - Help

Hello, Thank you for taking the time to read this, any opinion will be greatly appreciated. During June 2010 I was added to the land registry documents for my mothers home, essentially we both became owners of the property. We both continued to live at this address till jan 2016. We both shared the ...
by Dev_1
Sat Jan 06, 2018 9:48 pm
Forum: Property Taxation
Topic: Self assessment
Replies: 9
Views: 1104

Re: Self assessment

Thats great, many thanks for your reply its greatly appreciated.
by Dev_1
Fri Jan 05, 2018 6:50 pm
Forum: Property Taxation
Topic: Self assessment
Replies: 9
Views: 1104

Re: Self assessment

Hello, Thank you very much, my apologies for not getting back sooner. Can I please check my understanding now to ensure it is all correct. In relation to releasing money from her capital account, are you saying it does not matter what she does with this money?, would this not mean that everyone with...
by Dev_1
Thu Jan 04, 2018 8:00 pm
Forum: Property Taxation
Topic: Self assessment
Replies: 9
Views: 1104

Re: Self assessment

Correct spot on.
by Dev_1
Thu Jan 04, 2018 7:18 pm
Forum: Property Taxation
Topic: Self assessment
Replies: 9
Views: 1104

Re: Self assessment

Hello,

Are you able to advice as we are anxious due to the deadline fast approaching.
Sorry to be a pain any help is greatly appreciated.
Regards
by Dev_1
Thu Jan 04, 2018 2:16 pm
Forum: Property Taxation
Topic: Self assessment
Replies: 9
Views: 1104

Re: Self assessment

Hello, Thank you for your reply. So the property which has been remortgaged for £195,000 has never been lived in by us as a family. It has always been a buy to let. When purchased there was no mortgage it has only been remortgaged in 2016 for the above amount. As mentioned we as a family were living...
by Dev_1
Thu Jan 04, 2018 12:21 pm
Forum: Property Taxation
Topic: Self assessment
Replies: 9
Views: 1104

Self assessment

Hello, Thank you for finding the time to read this post. I was wondering if anyone can provide some advice. My mother has a buy to let property which was purchased initially without a mortgage many years ago. Last year she re-mortgaged this property to raise £195,000. When the property was first pur...
by Dev_1
Wed Oct 04, 2017 5:22 pm
Forum: Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
Topic: Trusts & loan agreements Help
Replies: 1
Views: 2812

Trusts & loan agreements Help

Hello, Many thanks for reading. I was wondering if anyone can provide any advice regarding trusts. 1) Essentially I have a property in my sole name,there is also a mortgage in my sole name on the property. My mother provided me with a cash deposit of £135,000 in order to purchase the property. I hav...

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