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 have a building plot currently as part of my garden which
I have a building plot currently as part of my garden which I have for sale. My house is jointly owned by my wife and I and our two children (who have their own properties) Will they be liable for cor… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
We sold half our garden 2012 for £220000 after a legal fight
We sold half our garden 2012 for £220000 after a legal fight with the developers we can buy the plot back for £1.We then can possibly sell it again because it has a house foundation and drive built fo… read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACG
1,322 satisfied customers
I am considering building/having built three houses in my garden
I am considering building/having built three houses in my garden and need to consider tax implications to help decide on which is most beneficial. Easiest could be just to sell the plots with pp altho… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,703 satisfied customers
hi there , my wife owns a property which is occupied by her
hi there , my wife owns a property which is occupied by her parents , once they have passed on we intend to rent it out for a few years then eventually sell it to pay off our mortgage , our mortgage i… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
Hi, My husband purchased a house at auction last August with
Hi, My husband purchased a house at auction last August with the intention of living in it after extensive renovation works. The refurbishment is now complete but he has changed his plans for living i… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
A house that was once my PPR but has been rented out for 15
A house that was once my PPR but has been rented out for 15 years and is now liabile to CGT . If I take the main house, and divide the garden off, making two plots, putting part of the garden onto ano… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,703 satisfied customers
I bought a house in 2000 for 60000 lived in for 6 years then
I bought a house in 2000 for £60000 lived in for 6 years then rented for 5. It was worth £160000 in 2006 when i moved out but now is worth less @ £150000.( I understand I would not pay CGT for 6years … read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
I am thinking of building a house adjacent to my house in my
I am thinking of building a house adjacent to my house in my present garden and then selling both houses to move to another area. Please can you tell me what tax I will be liable for on the sale of th… read more
Sam Pathak
Sam Pathak
Chartered Tax Adviser
Master's Degree
468 satisfied customers
i have a plot of land for sale in my garden with full planning
i have a plot of land for sale in my garden with full planning permission, do i have to pay capital gains tax on this sale, thanks.… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
I have been approached by a property developer who wants to
I have been approached by a property developer who wants to buy half of my garden. Will I have to pay Capital Gains Tax and if so, what percentage? V Winchester… read more
Sam Pathak
Sam Pathak
Chartered Tax Adviser
Master's Degree
468 satisfied customers
is capital gains payable if you sell your back garden , and
is capital gains payable if you sell your back garden , and the person you sell it to builds a house.… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
Hi, i have just recieved a letter from HM Revenue & Customs
Hi, i have just recieved a letter from HM Revenue & Customs to investigate a property i previously owned. I bought this property in question in January 2003 for £92,000 with an £89,000 mortgage, and l… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
Hi. I bought a flat in 2000 for 75k and rented it out to my
Hi. I bought a flat in 2000 for £75k and rented it out to my local council for £750/month. My mortgage was £500/month and other expences was £50/month. My net profit was £200/month. I sold the flat in… read more
Julie Kingham
Julie Kingham
Director
Chartered Tax Adviser
733 satisfied customers
My husband and I bought a 2nd home approx 4 years ago. The
My husband and I bought a 2nd home approx 4 years ago. The cost was £110k, we raised £60k as a buy to let mortgage and the other £50k was released as equity from our main residience. Since then the pr… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
My partner and I jointly purchased (and lived in) a property
My partner and I jointly purchased (and lived in) a property for approx £53,500k in 1996, we married in 1999 and on divorce in 2001, the property was transferred into my full name. The value of the pr… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
My elderly clients (husband & wife) have a house with an annexe
My elderly clients (husband & wife) have a house with an annexe attached which was originally used to house his mother -the annexe has a seperate entrance and cannot be accessed from inside the house … read more
Sam
Sam
Accountant
Higher Officer HMRC
6,703 satisfied customers
I have two properties which are let and am living with family.
I have two properties which are let and am living with family. One property is 50% paid for approx, the other one probably in negative equity. I am about to change mortgages which are both interest on… read more
TEAP007
TEAP007
Tax Preparer
Fully Trained Inspector of Taxes B1
759 satisfied customers
I have two flats which I rent out, which I wish to pass on
I have two flats which I rent out, which I wish to pass on to my two children, but also avoid CGT. They are worth £380000 and I paid £250000 for them and I have an interest only mortgage of £250000, l… read more
TEAP007
TEAP007
Tax Preparer
Fully Trained Inspector of Taxes B1
759 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

6,703 satisfied customers

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

bigduckontax

bigduckontax

Accountant

1,322 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