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Where Taxpayers and Advisers Meet

Search found 99 matches

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by Brightonian
Thu Dec 14, 2017 10:09 pm
Forum: International Tax
Topic: 401k
Replies: 7
Views: 732

Re: 401k

Thank you, David. It looks as though I should just show them on the foreign pages with the 10% arising deduction in that case? I've never asked him if he has had a green card but he did work in the US for quite a few years.
by Brightonian
Thu Dec 14, 2017 5:25 pm
Forum: International Tax
Topic: 401k
Replies: 7
Views: 732

401k

My client is an Irish citizen but UK resident for many years. He once worked in the US and is now 65. He had a 401k plan and he is now making quarterly withdrawals. He chose quarterly payments rather than a single lump sum, as the latter would have been taxed in the US. It seems that the quarterly p...
by Brightonian
Thu Nov 30, 2017 6:01 pm
Forum: Property Taxation
Topic: Deduction?
Replies: 2
Views: 588

Re: Deduction?

Thank you.
by Brightonian
Tue Nov 28, 2017 4:21 pm
Forum: Property Taxation
Topic: Deduction?
Replies: 2
Views: 588

Deduction?

I am preparing a property rental account. The property needed a new kitchen and the landlord's mother was replacing her kitchen, so offered him the old one for free. He had to transport it to the rental property and hired a van. Unfortunately, he reversed into the front of the property and incurred ...
by Brightonian
Mon Jul 17, 2017 9:01 pm
Forum: Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
Topic: Complex estate?
Replies: 3
Views: 1345

Re: Complex estate?

Thank you both. I will contact them and see if they will issue a UTR. I thought they weren't doing this pending introduction of their new system but perhaps I have misunderstood. I rarely deal with estates.
by Brightonian
Mon Jul 17, 2017 8:58 pm
Forum: International Tax
Topic: Gardening leave
Replies: 6
Views: 1313

Re: Gardening leave

Thank you.
by Brightonian
Mon Jul 17, 2017 5:15 pm
Forum: International Tax
Topic: Gardening leave
Replies: 6
Views: 1313

Re: Gardening leave

Thank you, again, Maths. For the 90 days he was physically present in UK, I feel that is UK duties, although no work was done. From the date he left until the end of gardening leave, he shouldn't be taxed in UK, I don't believe. I must say I find the new simplified rules hard to get my head around! ...
by Brightonian
Mon Jul 17, 2017 4:23 pm
Forum: International Tax
Topic: Gardening leave
Replies: 6
Views: 1313

Re: Gardening leave

Thank you, Maths. So, if he is not resident in UK for 17/18, which I think likely, the gardening leave for the 90 days he spent in UK will not be taxed in UK at all? I did look at the DTA with Kazakhstan and it seemed that employment income could be taxed in UK if the employer is resident here - whi...
by Brightonian
Mon Jul 17, 2017 10:37 am
Forum: Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
Topic: Complex estate?
Replies: 3
Views: 1345

Complex estate?

A client has asked me to prepare income tax returns for her deceased brother. This is not something I do often and, in the past, I have simply prepared the return for the deceased and also a trusts and estates return for the period from the date of death to 5 April. I have usually sent a 64-8 signed...
by Brightonian
Mon Jul 17, 2017 10:28 am
Forum: International Tax
Topic: Gardening leave
Replies: 6
Views: 1313

Gardening leave

My client has worked abroad for a number of years in the Middle East. He has now been made redundant. He came back to the UK at the end of March and is now on gardening leave until the end of September. He was in the UK from 31 March until 5 July but has now moved to Kazakhstan where he and his wife...

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