UK Tax

UK tax questions? Ask a UK tax advisor for answers ASAP

Connect one-on-one with {0} who will answer your question

Related UK Tax Questions
I would need a bit more information please 1) With the first
I would need a bit more information please 1) With the first property XXX XXXXXXXXXX XXXX SW12 0JH LEASEHOLD. PAUL FULTON SOLE LEASEHOLDER. Please advise A1) Approx legal costs to buy and sell. To buy… read more
Sam
Sam
Accountant
Higher Officer HMRC
15,692 satisfied customers
In November 1995 I bought a 37 year lease on a flat for buy
In November 1995 I bought a 37 year lease on a flat for buy to let purposes for £32000.This was a mortgage repo and was below normal market price. On 2/11/2001 I surrendered the lease remainder of 31 … read more
TEAP007
TEAP007
Tax Preparer
Fully Trained Inspector of Taxes B1
759 satisfied customers
I live in Scotland and am going to sell my flat. I bought
I live in Scotland and am going to sell my flat. I bought the flat in December 2000 for £44,000 and I think it will sell for about £120,000. I have recently spent £15,000 refurbishing it with a new ki… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I am a UK citizen. I bought a flat in London in 1992 for
I am a UK citizen. I bought a flat in London in 1992 for £59,000 and lived there. In late 2006 I bought a second flat in London and moved into that property in early 2007. The original flat is solely … read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
We own two flats, one above the other, and have lived in the
We own two flats, one above the other, and have lived in the upper one for 15 years. We bought the lower one six years ago and have let it out. We now want to sell the upper flat which has five bedroo… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
How do I calculate how much capital gains tax I have to pay
How do I calculate how much capital gains tax I have to pay after selling a flat which I had been renting to a friend for 2 years and 9 months and used to be my main residence before that? I have no o… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
CAPITAL GAINS TAX UK - I bought 50% of a flat with my daughter
CAPITAL GAINS TAX UK - I bought 50% of a flat with my daughter in 1995 (£40K/£40K). My daughter lived in the flat. In 2001 my daughter sold her 1/2 share for £120K to her cousin who lived in the flat.… read more
Sam
Sam
Accountant
Higher Officer HMRC
15,692 satisfied customers
We are trying to determine whether we will be liable for CGT
We are trying to determine whether we will be liable for CGT when we sell our flat, and if so how much; and also whether we can reduce or eliminate the liability by moving back into the flat before we… read more
Sam Pathak
Sam Pathak
Chartered Tax Adviser
Master's Degree
468 satisfied customers
Hi, My wife and I bought a flat 15 years ago as a second
Hi, My wife and I bought a flat 15 years ago as a second property. During the last 15 years we have used the property ourselves for a few brief periods probably totaling 2 years. Our son has lived in … read more
Sam Pathak
Sam Pathak
Chartered Tax Adviser
Master's Degree
468 satisfied customers
hi, do I have to pay capital gains tax I bought my house
hi, do I have to pay capital gains tax? I bought my house in 1997 and lived there alone for 10 years, I met my now husband & payed off my mortgage in early 2007, my husband & I then bought another hou… read more
Sam
Sam
Accountant
Higher Officer HMRC
15,692 satisfied customers
I am selling my main residence to buy with my boyfriend and
I am selling my main residence to buy with my boyfriend and I have another property which I have rented out for 6 years. I bought it for 72k it is valued at 200k and the buy to let mortgage is 123k. I… read more
Sam
Sam
Accountant
Higher Officer HMRC
15,692 satisfied customers
if I sell a house I have owned for five years, that I have
if I sell a house I have owned for five years, that I have never lived in but is my sole property holding, will I be liable for capital gains tax?… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I own a property (a flat) that I bought in 1987. It was my
I own a property (a flat) that I bought in 1987. It was my main residence for 11 years and has sat empty for 12 years, since I met and moved in with my wife. I am a 40% tax payer but my wife if not, w… read more
Sam
Sam
Accountant
Higher Officer HMRC
15,692 satisfied customers
I bought a property in 1997 for £120K i moved out in 2004
i bought a property in 1997 for £120K i moved out in 2004 and started renting it out. so it wasnt my main residential address from 2004 onwards. I am looking to sell property prices seem to be about £… read more
Julie Kingham
Julie Kingham
Director
Chartered Tax Adviser
733 satisfied customers
If while i was studying and living in a rented flat, I let
If while i was studying and living in a rented flat, I let out my own flat for 18 months. Subsequently , I have sold my flat. What is my tax position… read more
Julie Kingham
Julie Kingham
Director
Chartered Tax Adviser
733 satisfied customers
I relocated because of my job 3 1/2 years ago. I bought a
I relocated because of my job 3 1/2 years ago. I bought a house in the new area and it has taken me 2 years to sell original property. I have now sold property will I have to pay capital gains tax… read more
Andrew Baker(baktax)
Andrew Baker(baktax)
Personal Tax Adviser
High School or GED
756 satisfied customers
My mother lived rent free in a house that I bought for her
My mother lived rent free in a house that I bought for her to live in for 22 years .Recently she died and I intend to sell it . Will I be liable for Capital Gains Tax? G… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
hi hope you can help with a capital gains tax question. My
hi hope you can help with a capital gains tax question. My wife and I bought a flat in 1996 for 170k we lived there for 5 years and then rented for 8 we are selling this year for 450k and have made a … read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Sam

Sam

Accountant

15,692 satisfied customers

26 HMRC expertise, PAYE, Self Assessment ,Residency, Capital Gains, CIS ask for Sam Tax

bigduckontax

bigduckontax

Accountant

1,306 satisfied customers

FCCA FCMA CGMA ACIS

TEAP007

TEAP007

Tax Preparer

759 satisfied customers

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

Andrew Baker(baktax)

Andrew Baker(baktax)

Personal Tax Adviser

756 satisfied customers

35+ years experience in income tax, CGT, non-residence

berduchwal

berduchwal

Accountant

669 satisfied customers

Qualified accountant and bookkeeper running my own practice since 2008.

Clare

Clare

Solicitor

149 satisfied customers

25 years exeperience as a high street solcitor

Mrs-Tax

Mrs-Tax

Tax Adviser

59 satisfied customers

Law Degree, 19 years in UK Tax.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x