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Related UK Tax Questions
My wife and I are Australian citizens and have been living
Hi Sam, My wife and I are Australian citizens and have been living in the UK since May 2013. What are the tax implications if I transfer money from the sale of my Principal residence in Australia ( CG… read more
bigduckontax
bigduckontax
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FCCA FCMA CGMA ACG
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, Can you please advise on the following scenario; A single person UK resident mo
, Can you please advise on the following scenario; A single person UK resident moves to the Isle of Man to work in 1998 and buys a house there in 1999 and live in the house till 2003. At which point t… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
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I have had a chalet in France since September 1998, when
I have had a chalet in France since September 1998, when can I sell without having to pay capital Gains Tax. I am an norwegXXXXX XXXXXving in UK since 2006 and am planning to move back to Norway in th… read more
Sam
Sam
Accountant
Higher Officer HMRC
7,012 satisfied customers
Property for sale in the UK. Situated in a town in the Cotswolds. I
Property for sale in the UK. Situated in a town in the Cotswold's. I have asked the real estate agent a few questions relating to its Commercial rating and Council taxes. The following is the reply th… read more
TaxVince
TaxVince
Senior Accountant
Master's Degree
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We recently completed the sale of a house in Sydney and my
We recently completed the sale of a house in Sydney and my half interest will be subject to substantial UK CGT [ but, in view of the length of time since acquisition, no CGT in Aus.] My wife and I wil… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
Clients have recently returned home from France where they
Clients have recently returned home from France where they have lived for the past seven years. They took up French residency in 2005. They have now returned home and taken up UK residency from 20th J… read more
TaxVince
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Bought 2 bed flat for £120000 in Jan 1998 (with £105000 mortgage)
Bought 2 bed flat for £120000 in Jan 1998 (with £105000 mortgage) have since had to remortgage several times - current mortgage £204000 - current value for sale £300000. We lived in property from Jan … read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
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If I sell my current UK Home how long do I have to bring the
If I sell my current UK Home how long do I have to bring the equity over to Australia where I may emigrate, without it been subject to any Tax? Sterling is weak at the moment so may even travel for a … read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
Hi Im a resident of Australia and was born in the uk i have
Hi Im a resident of Australia and was born in the uk i have a holiday home in the uk that will become my main residence when i return to the uk.Will there be any capital gains payable in the uk on my … read more
Andrew Baker(baktax)
Andrew Baker(baktax)
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High School or GED
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Hi I am looking for some clarification regarding CGT on
Hi I am looking for some clarification regarding CGT on property. I bought my property in 1998 and used it as may main residence until 2003 when I went and worked in Australia for 7 years. I kept the … read more
Tony Tax
Tony Tax
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High School or GED
7,089 satisfied customers
I am resident in the UK for tax purposes but pay tax, in Australia
I am resident in the UK for tax purposes but pay tax, in Australia as a non resident, on rent received on a property I own in Sydney. [ The rent is, of course, also declared in my UK returns.] My ques… read more
CDF Tax
CDF Tax
Bachelor's Degree
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Capital Gains Tax queries My husband and I bought a property
Capital Gains Tax queries My husband and I bought a property in London in November 1995. We lived in it until my husband's job (UK MOD) took us abroadin 1999 . On our return to the UK, my husband's jo… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
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I purchased a property in London in September 1998 which I
I purchased a property in London in September 1998 which I lived until January 2000. I went to live and work in Australia from January 2000 and I have remained overseas since then. I have been non-res… read more
Sam
Sam
Accountant
Higher Officer HMRC
7,012 satisfied customers
I am selling a property in Southern Ireland that I bought in
I am selling a property in Southern Ireland that I bought in 1995. I understand I have to pay Irish CGT at 25%. Is the CGT payable immediately or do I have a period of grace and what costs can be offs… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
Hello, My question is regarding capital gains tax when
Hello, My question is regarding capital gains tax when you own two properties. My wife and I are resident in San Francisco (and rent). However, we own a house in London (we are UK citizens but plan to… read more
Sam
Sam
Accountant
Higher Officer HMRC
7,012 satisfied customers
I migrated to Australia in 2003. I am a 39 year old British
I migrated to Australia in 2003. I am a 39 year old British citizen and I lived in the UK for my entire life prior to my migration to Australia. My question is concerning a flat I still have in London… read more
Sam
Sam
Accountant
Higher Officer HMRC
7,012 satisfied customers
Hi, I do hope you can help as I am finding it very difficult
Hi, I do hope you can help as I am finding it very difficult to work out my CGT exposure for 2007/2008. I owned a buy to let property from Nov 1998 to July 2007. Whilst I owned the property I converte… read more
TEAP007
TEAP007
Tax Preparer
Fully Trained Inspector of Taxes B1
759 satisfied customers
I have a property in London, currently my main residence, and
I have a property in London, currently my main residence, and am now considering buying a second one in Scotland which will then become my main residence. What are the tax implications and also if I r… read more
Sam
Sam
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Higher Officer HMRC
7,012 satisfied customers
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bigduckontax

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FCCA FCMA CGMA ACIS

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Fully Trained Inspector of Taxes / District Inspector/ Team Leader/ Offshore Consultant/ 41 years

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