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Where Taxpayers and Advisers Meet
Latest from the Forum Post Your Tax Query Latest from the Forum
Pension - generational welath
on 22/04/2024 13:58, by Jupiter01

After some advice please. I have been paying into a SIPP (invested in global fund) and am aiming for a £1M pot that can sustain my retirement goals. I appear to be very much on-track given the recent performance of the stock market, my consistent contributions ... Continue Reading

Moving From UK to Ireland
on 22/04/2024 11:10, by Sok110

Hi, Can anyone tell me where I can get professional advice on when and how would be the best method to move from UK to Ireland. Currently have residential and BTL property in UK. Am concerned about CGT. Also have an apartment in Ireland, which we are using at present ... Continue Reading

Nil Rate Band Discretionary Trust-valus
on 22/04/2024 09:01, by umeshg1

I will grateful if anyone can assist I am currently handling the administration of the estate of a deceased individual (the Husband). The deceased's wife had passed away in 2017 and had established a NRBDT in her Will. Her husband was the main beneficiary of ... Continue Reading

Tax Potential if I sell to my daughter
on 22/04/2024 08:45, by denaro

Over the past years I have rented a few houses out, and last year I purchased another, intending to renovate and rent out. In between purchasing the last one, one of my tenants gave notice on a different property and left. The state of the property was such that ... Continue Reading

Residents Management Company, DLAs, GR and tax liability
on 21/04/2024 23:17, by doobrey

I am a Director of a Residents Management Company which is in the process of the buying our freehold for the benefit of the leaseholders. The company has no profit motive and is a company limited by guarantee. Our intention was to be dormant but we have some non-participating ... Continue Reading

Self assessment after redundancy
on 21/04/2024 20:30, by taxnoobie

Hi All, I need some help. I was made redundant in September 2023. Until then, I was enrolled in the company private medical insurance scheme, whereby the company pay the PMI premium as a benefit in kind, and I paid tax on it through my self-assessment. In previous ... Continue Reading

Foreign witholding tax for non-doms
on 21/04/2024 14:38, by iftg

A non-dom (assume he's been in the UK for less than 6 years) owns shares in an EU company. It pays dividends to the non-dom's UK bank account and withholds the witholding tax (WHT). Can the non-dom credit the WHT against the personal income tax he pays from his ... Continue Reading

Receicing money from family members
on 20/04/2024 21:03, by Benjo667

Hi, I have lent my parents over £20,000 over the course of past two years. Now, they are in a position to pay me back. I will receive a sum of £10,000 soon from them. Will there be any tax implications if they transfer me legal and taxed money from their bank ... Continue Reading