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Where Taxpayers and Advisers Meet
Latest from the Forum Post Your Tax Query Latest from the Forum
Where does CGT Liability lie??
on 23/05/2024 11:26, by Wilfred

Hi Everyone, just signed up. I have a building plot attached to my existing house which is my primary residence. I believe that I could sell or develop this plot without incurring CGT because it is part of my PPR. However If I sold the existing house first to ... Continue Reading

Gifting house and inheritance tax
on 22/05/2024 09:02, by mp2016

Hello Can anyone advise please. My friend if 55 and she has always lived with her parents, the latter years she has been caring for her parents, whilst still working. They would like to leave her the house (circa 500k), and avoid inheritance tax if possible. Does ... Continue Reading

EIS Claim on company in Liquidation
on 22/05/2024 08:58, by mp2016

Hello Can anyone advise as to how I claim a EIS refund on. Company I invested in and has now gone into liquidation? Do I require any documentation from the liquidator and do I have to wait until liquidation is complete ? Which could take a long time What forms ... Continue Reading

Residency for CGT (property)
on 22/05/2024 02:58, by GS1992

Hi all, I'm currently in the process of filing CGT following the sale of a rental property in the UK (May 2024). I'm having some difficulty trying to ascertain what country I am a resident of (for tax purposes), following a move to Australia in November last ... Continue Reading

CGT disposal foreign property with usufruct
on 20/05/2024 23:26, by jm_13796

Hi all, Can anyone please advise me on this? A portuguese parent (no connection to the UK) buys a house in Portugal pre-2006 as the legal guardian of their child. The infant is gifted the bare ownership and the parent retains Usufruct over the property (i.e. ... Continue Reading

New Roof - expense or capital?
on 16/05/2024 17:49, by Martintaxes

Hi TWeb, I'm sure this has cropped up before but I'm struggling to find a thread. Simple question really. I have a rental property that has an old slate roof on it. The house is old, built around 1880. It is losing tiles regularly and needs a fair amount of ongoing ... Continue Reading

Tax residency
on 16/05/2024 16:36, by MarkBarber

I currently live, work and pay taxes in Switzerland. My plan is to retire later this year and return to the UK for a short period of time before permanently relocating to Spain, where I have property & hold a residency permit. The UK has a favourable tax situation ... Continue Reading