Tax Questions

Collapse

Forums Topics Posts Last Post
No forums found.
  • Filter
  • Time
  • Show
  • New Topics
Clear All
new posts
There are no conversations in this channel.
  • Filter
  • Time
  • Show
Clear All
new posts
Please log in to your account to view your subscribed posts.
  • Filter
  • Time
  • Show
  • Sort By
  • Order
Clear All
new posts
Topics Statistics Last Post
Started by sparkie, 18-10-2017, 12:10 PM
5 responses
71 views
0 likes
Last Post leaseholder64  
Started by MickyV, 18-10-2017, 06:20 AM
1 response
32 views
0 likes
Last Post Gordon999  
Started by security2, 17-10-2017, 20:16 PM
1 response
60 views
0 likes
Last Post jpkeates  
Started by ienquiry, 12-10-2017, 09:08 AM
5 responses
101 views
0 likes
Last Post theartfullodger  
Started by BRY77, 09-10-2017, 16:26 PM
1 response
75 views
0 likes
Last Post Gordon999  
Started by fizzykoi, 09-10-2017, 14:14 PM
5 responses
108 views
0 likes
Last Post Gordon999  
Started by Alza, 27-09-2017, 16:49 PM
13 responses
228 views
0 likes
Last Post tatemono  
Started by dotcotton999, 06-10-2017, 20:40 PM
3 responses
142 views
0 likes
Last Post DPT57
by DPT57
 
Started by DPT57, 06-10-2017, 10:17 AM
4 responses
85 views
0 likes
Last Post DPT57
by DPT57
 
Started by nick6161, 05-10-2017, 13:00 PM
4 responses
110 views
0 likes
Last Post Gordon999  
No topics found.

Latest Topics

Collapse

  • Transfer of rental income to spouse who is lower rate tax payer?
    Nigel Nicholson
    Hi, help please. There is so much conflicting information around. In summary, I have a reasonable size rental portfolio and wish to transfer some rental income to my wife who is in the lower tax band. I own the properties in my sole name. There are various articles on the internet that suggest I can...
    31-01-2018, 14:26 PM
  • Reply to Transfer of rental income to spouse who is lower rate tax payer?
    Nigel Nicholson
    Hi - just to conclude matters after referring to tax specialists I have proceeded with the property ownership changes to bring my wife in as a joint owner in unequal shares. I think the relevant facts can be summarised thus: a) there are special rules for married couples who own property jointly and...
    22-02-2018, 10:33 AM
  • transferring part of ownership to wife for tax reasons
    joshua
    hello. at the moment i am sole owner of a rental property, mortgage free.
    I would like to transfer some of the ownership to my wife in order for us to split the rental income 50/50.
    I have done some research, but would like confirmation - is what I need to do a 'declaration of trust' to...
    16-02-2018, 08:48 AM
  • Reply to transferring part of ownership to wife for tax reasons
    Nigel Nicholson
    Yes I think you have got that right, as in indicated in my posts. Plus a stated on the HMRC site. there are special rules for married couples (or civil partnership) - good luck...
    20-02-2018, 21:16 PM
  • Stamp Duty query
    HP mum
    I originally posted in the finance section - but I now think this is more of a tax question. Some questions arose during a discussion yesterday and I just wondered if anyone has any thoughts/ answers on the below?

    1stly) If someone (or company) buys a debt that has a legal charge over...
    20-02-2018, 11:36 AM
  • Reply to Stamp Duty query
    HP mum
    Thank you JP this helps me. It's good to know the property value / duty payable is separate from the debt....
    20-02-2018, 20:51 PM
  • Complex (for me!) CGT question on 2 property ownership...
    Raymondus
    Hi, this is my first post and I'm looking for some initial guidance on what I think is a somewhat complicated problem i'm heading towards...
    Apologies, its a long post!

    The facts:

    In 1983 my parents and I purchased our family council home under the Thatcher 'Right to...
    19-02-2018, 13:42 PM
  • Reply to Complex (for me!) CGT question on 2 property ownership...
    jpkeates
    I don't think the changes in allowances or rules over time will have too much effect.
    You can probably work it out in Excel - but, if it were me I'd let an expert do it for me, just for the peace of mind.
    20-02-2018, 17:15 PM
  • Reply to Complex (for me!) CGT question on 2 property ownership...
    Raymondus
    Yes, I think you are right jpkeates. What started out as a fairly simple purchase and investment all those years ago has a life of its own now and has become complicated. I didn't for instance know if I might be able to claim PRR for the 3 years I was there when we first purchased it but just having...
    20-02-2018, 14:44 PM
  • Reply to Complex (for me!) CGT question on 2 property ownership...
    jpkeates
    You're probably going to need a tax specialist.
    When you are tenants in common with a percentage ownership, who lived where and when becomes critical and fiddly.

    For example, your third is subject to PPR for periods you were living there, but not when you weren't - family home or...
    20-02-2018, 12:55 PM
Working...
X