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 inherited a flat from my father in 1971 that I have been
I inherited a flat from my father in 1971 that I have been renting out. I am now in the process of selling it. Is there CGT to pay? I am aware I get 40% taper relief from 1998 but am I right in assumi… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
Dear SamTax, I sold a flat (in the UK) last July for about
Dear XXXXXTax, I sold a flat (in the UK) last July for about £220,000. I have owned up to four properties in the UK in recent years but I think I have never declared to the I.R. which are my Principal… read more
Sam
Sam
Accountant
Higher Officer HMRC
15,686 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
I HAVE INHERITED A HOUSE WHICH HAS INCREASED BY 200,000 SINCE
I HAVE INHERITED A HOUSE WHICH HAS INCREASED BY £200,000 SINCE I GOT IT. I HAVE THOUGHT OF SELLING IT TO MY CHILDREN FOR A MINIMUM AMOUNT IF THIS IS ALLOWED. WOULD THEY HAVE TO PAY CAPITAL GAINS TAX O… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
hello please can you help my parents. When my nan moved to
hello please can you help my parents. When my nan moved to her bungalow 13 years ago she transfered the property into my mom and dads name (my dad is her son ). She carried on living in the bungalow f… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I purchased a flat for 48,500 on 16th June 2000 and have been
I purchased a flat for £48,500 on 16th June 2000 and have been renting it out since then. I am considering selling it and have a query on the chargeable gain calculation. The current market value is £… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I owned a main residence but used to have to comute a long
I owned a main residence but used to have to comute a long distance. To reduce the difficulties of commuting I bought a flat near to my workplace in 2000 and used to stay there, on average, 3 nights a… read more
Sam
Sam
Accountant
Higher Officer HMRC
15,686 satisfied customers
hi my name is wayne iam english and my wife comes from southern
hi my name is wayne < iam english and my wife comes from southern ireland dont know if she is classed as a non dom\. my wife has been here for about 14 years. we have 2 homes \, 1 our main home and… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I purchased a flat in December 1999 for 68,000 and have rented
I purchased a flat in December 1999 for £68,000 and have rented it out ever since. Before I purchased it, I was intending to live in it but very soon decided to live in another persons house for finan… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
my wife and i bought a house in 1986 lived in it untill 1993
my wife and i bought a house in 1986 lived in it untill 1993 then rented it out untill we sold it in march 2008 after paying of the mortgage plus proffesional fees we were left with107,000 with taper … read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 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
My partner inherited a house is 1991. The house was in her
My partner inherited a house is 1991. The house was in her name only. We lived there until her death in 2003. My name was added to the house deed in 2000/01. When my partner died the house was worth £… read more
Julie Kingham
Julie Kingham
Director
Chartered Tax Adviser
733 satisfied customers
I recently sold a buy to let flat on which capital gains tax
I recently sold a buy to let flat on which capital gains tax is applicable. The IR will allow legal costs on purchase and sale, estate agents costs on sale, taper relief (the flat was owned for more t… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I want to sell a flat that i lived in for 12 years and rented
I want to sell a flat that i lived in for 12 years and rented for the last three years, will i have to pay capital gains tax and if so how much??… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
My wife and I jointly owned an investment property from August
My wife and I jointly owned an investment property from August 1999 to 14 April 2008 when the property was sold. The capital gain is £53000. The property has never been used as our principal residence… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I bought shares in my old company for 63,162. I held the
I bought shares in my old company for £63,162. I held the shares for more than three years and sold them in February 2008, prior to the CGT rules changing. I sold them for £160,900. I don't know if I … read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I bought a 2 bedroom flat in Glasgow in Feb 2004 for 80K.
I bought a 2 bedroom flat in Glasgow in Feb 2004 for £80K. It is my main residence. In Sept 2007 I co-invested (50:50) in a second property(£150K, £75 is my investment), but continue to live in my ori… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
some years ago we sold our large main residence and bought
some years ago we sold our large main residence and bought 2 properties,a smaller main residence and a buy to let cottage which we rented out and paid taxes on the income. We subsequently moved and so… 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

15,686 satisfied customers

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

bigduckontax

bigduckontax

Accountant

1,305 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