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Where Taxpayers and Advisers Meet

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by darthblingbling
Sat Sep 26, 2020 5:18 pm
Forum: International Tax
Topic: Working in Spain - Tax advice would be really appreciated
Replies: 4
Views: 1411

Re: Working in Spain - Tax advice would be really appreciated

Also social security to consider as no one knows what the agreements will be after Brexit.
by darthblingbling
Mon Sep 21, 2020 1:04 pm
Forum: Capital Gains Tax, CGT
Topic: UK tax on shares sold after leaving the UK
Replies: 2
Views: 405

Re: UK tax on shares sold after leaving the UK

I think that specific provision is put in so the UK can tax under the temporary non res rules. Otherwise the temporary non res rules would be overridden by the tax treaties in place.
by darthblingbling
Tue Sep 08, 2020 1:57 pm
Forum: Income Tax
Topic: Cash in hand work
Replies: 2
Views: 544

Re: Cash in hand work

It is what it is, it's income and taxable. If he knowingly hides it and calls it piggy bank money that's saved up it's tax evasion.

Does he currently file returns?
by darthblingbling
Tue Sep 08, 2020 11:46 am
Forum: Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
Topic: deemed domiciled
Replies: 5
Views: 748

Re: deemed domiciled

I've heard of 4 that our internal training mentioned. Italy and India were two that spring to mind, not sure of the other two or if I just misremembered
by darthblingbling
Mon Sep 07, 2020 2:27 pm
Forum: Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
Topic: deemed domiciled
Replies: 5
Views: 748

Re: deemed domiciled

There are a small number of inheritance tax treaties that deal with dual domicile which can change a deemed domicile for IHT purposes (but not income tax / CGT).
by darthblingbling
Sun Aug 30, 2020 5:12 pm
Forum: International Tax
Topic: Permanent UK expat resident in Spain selling UK home:CGT implications.
Replies: 3
Views: 681

Re: Permanent UK expat resident in Spain selling UK home:CGT implications.

Dunno, you haven't given any property values for us to consider.

Why did you move to Spain (this is related to PPR and me being nosey)
by darthblingbling
Thu Aug 27, 2020 6:03 pm
Forum: Income Tax
Topic: Car benefit in kind numbers look incorrect
Replies: 2
Views: 530

Re: Car benefit in kind numbers look incorrect

What's on your actual P11D? Same car every year?
by darthblingbling
Thu Aug 27, 2020 1:35 pm
Forum: International Tax
Topic: Tax due to Italian authorities for UK house sale and inheritance
Replies: 1
Views: 624

Re: Tax due to Italian authorities for UK house sale and inheritance

While there may not be a tax liability, did you report the disposal to HMRC? Typically this needs to be done within 30 days if conveyance.

If you were non UK tax resident at the time of disposal you would have been subject to the NRCGT regime.
by darthblingbling
Thu Aug 27, 2020 1:32 pm
Forum: Income Tax
Topic: Self-assessment - Do I need to add benefits in calculations?
Replies: 2
Views: 470

Re: Self-assessment - Do I need to add benefits in calculations?

To confirm, you need to out your benefits on your tax return. You are not being double taxed. The tax return is to confirm the overall liability and tax you've already paid via PAYE will be available as a credit
by darthblingbling
Thu Aug 27, 2020 1:31 pm
Forum: Income Tax
Topic: Self-assessment - Do I need to add benefits in calculations?
Replies: 2
Views: 470

Re: Self-assessment - Do I need to add benefits in calculations?

Yes, your self assessment doesn't take into account deductions to your tax code as a result of benefits, this is just to ensure PAYE is 'accurate' so there's not an underpayment of income tax at the end of the tax year.

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