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
My wife recently died and she had a second property worth
My wife recently died and she had a second property worth around £250k in her own name. Her estate is probably worth around £750k in total. Do I need to complete a IHT400 form instead of IHT205?… read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACG
1,342 satisfied customers
We are not married, both older, and have separate sets of children
We are not married, both older, and have separate sets of children who we both wish to inherit our separate estates. We are thinking of buying a house as tenants in common with either a life interest … read more
Sam
Sam
Accountant
Higher Officer HMRC
15,766 satisfied customers
Tony, My surviving parent is the sole owner and occupier of
Tony, My surviving parent is the sole owner and occupier of a house with a mkt value of £2.5m . If we do not sell the house and wish to mitigate IHT exposure. What is best route? There are four siblin… read more
TaxVince
TaxVince
Senior Accountant
Master's Degree
899 satisfied customers
we are looking to buy a house with my mum split 40% to her and 15% to the 4 siblings. Hou
we are looking to buy a house with my mum split 40% to her and 15% to the 4 siblings. House price £1m. We buy as tenants in common and our shareholdings are represented by a deed of trust. On death of… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
My Wife died in 1996 and left her half of the house ( valued
My Wife died in 1996 and left her half of the house ( valued as £45K ) to my 2 daughters (registered with Land Registry) with a condition that I could live in the house without charge -- I have paid f… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
On the death of my wife in 2009, her half of our house , then
On the death of my wife in 2009, her half of our house , then held as 50/50 tenants in common, was left by her will to our children, subject to a life interest in that half bequeathed to me .Similarly… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
Partner A is married to Partner B both are widowed from previous
Partner A is married to Partner B both are widowed from previous marriages. Partner A has 2 children from the previous as does Partner B. They own a house which is held as 'tenants in common' , Their … read more
Clare
Clare
Solicitor
Bachelor's Degree
149 satisfied customers
Could you tell me how much cgt I will have to pay? I am a pensioner
Could you tell me how much cgt I will have to pay? I am a pensioner and pay basic rate tax. Can't I use the tax exempt amount for each of the 12 years since my mother's death? Thank you.… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
69 satisfied customers
I need advice on capital gains i bought a house 15 years
I need advice on capital gains i bought a house 15 years ago with my mother using the right to buy from local authority, although i paid for the house my mother stayed in it for 15 years, she since di… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I am buying a property for buy to let purposes with my wife.
I am buying a property for buy to let purposes with my wife. I am a top rate tax payer and she is a housewife with no income. With this in mind, i am trying to find the most tax efficient way to buy t… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
my wife died earlier this year. Our home was jointly owned
my wife died earlier this year. Our home was jointly owned and her half was left to our 3 children. The house was valued at the date of death at £400,000. I will continue to live in the house When I d… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I am the sole owner of the house that I and my partner Jane
I am the sole owner of the house that I and my partner Jane have lived in for 25 years. We are not married. I have Willed the house equally to our five children, but if I die first it appears that, wh… read more
Anne T
Anne T
Bachelor's Degree
146 satisfied customers
My parents are about to purchase a property valued at 130K.
My parents are about to purchase a property valued at £130K. They are both in their 80's. Is there any advantage or disadvantage to myself buying the property with them, as a 3 way arrangement, either… read more
Andrew Baker(baktax)
Andrew Baker(baktax)
Personal Tax Adviser
High School or GED
756 satisfied customers
house we own is tenants in common worth appox 500,000, remainder
house we own is tenants in common worth appox 500,000, remainder of estate appox 1.100. on making aif each one of us leave 250.000 part of house to son and remainder to each partener would the 250.000… read more
Sam
Sam
Accountant
Higher Officer HMRC
15,766 satisfied customers
Owing to the recent death of an elderly aunt of my late wife
Owing to the recent death of an elderly aunt of my late wife I now legally own her property as surviving joint tenant. The deeds were changed March 2004 however she did not renew her will as far as li… read more
Julie Kingham
Julie Kingham
Director
Chartered Tax Adviser
733 satisfied customers
My fathers estate is valued at circa 500,000. He is 84 years
My father's estate is valued at circa £ 500,000. He is 84 years old, in poor health, married (wife 82 years old, frail) and both are UK residents. My father's eldest sister who recently passed away, s… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
My wife who lived sepately to me died recently. I wish to manage
My wife who lived sepately to me died recently. I wish to manage her house/estate which by default passes to me in a tax efficient way without incurring 40% income tax on any rental income received. I… read more
QC
QC
Senior Solicitor and Principal
Bachelor's Degree
74 satisfied customers
My brother, sister and I have been left the family house by
My brother, sister and I have been left the family house by my Father who has just passed away. However, his wife may remain in thre house for as long as she wishes, remains his widow and keeps it in … read more
QC
QC
Senior Solicitor and Principal
Bachelor's Degree
74 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

15,766 satisfied customers

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

bigduckontax

bigduckontax

Accountant

1,342 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