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 had an inheritance tax question that was answered by
I had an inheritance tax question that was answered by another accountant, presumably because you were busy and unable to respond within a certain time frame. I'd like to send the question back to you… read more
taxadvisor.uk
taxadvisor.uk
Accountant and Tax Practitioner
Chartered Certified Accountant - FCCA
2,168 satisfied customers
From Indian origin living and working in UK for almost 3
Hi Tony, I am Belgian from Indian origin living and working in UK for almost 3 years. How is the CGT calculated on a inherited property in UK for overseas properties? Will the capital gains be calcula… read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACG
1,335 satisfied customers
I am one of three sons of my late mother. My mother passed
I am one of three sons of my late mother. My mother passed away in February this year and the Will divided the total assets equally to the three of us. In addition, we are all executors but my eldest … read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
What tax (IHT or CGT) is payable, if any, and by whom where
What tax (IHT or CGT) is payable, if any, and by whom where a house is sold at a higher price than the (original) valuation for probate (ie £375,000 rather than £350,000)?… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,709 satisfied customers
I am after clarification of the application of Entrepreneurial
I am after clarification of the application of Entrepreneurial Relief to reduce capital gains on the sale of agricultural land. The land belonged to my father who died in February last year, he had fa… read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACG
1,335 satisfied customers
We are Executors of my Mothers Will. She died some years ago
We are Executors of my Mother's Will. She died some years ago but we could not sell the property because of a proviso in the Will allowing an elderly person to live there rent free until their death. … read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
The family house has four acres. On inheriting it, is there
The family house has four acres. On inheriting it, is there tax to pay because of the size of the garden? If so, is this inheritance tax or CGT?… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
My mother died just under a year ago and we paid IHT due &
My mother died just under a year ago and we paid IHT due & got Probate OK. We are now selling the stocks & shares she owned but see some values have changed. What is the tax position when shares are n… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
I am executor and sole beneficiary of my late mothers estate.
I am executor and sole beneficiary of my late mother's estate. This includes the house in whiuch she lived. I have my own property. Probate was granted in August this year. If I sell her house will I … read more
TaxVince
TaxVince
Senior Accountant
Master's Degree
899 satisfied customers
This is a bit of a tax and probate problem, My uncle died on
This is a bit of a tax and probate problem, My uncle died on 12/4/2009 leaving a house on which no inheritance tax was due as he benefitted from his late wifes allowance. £640,000. The house was under… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
Further to my earlier question the Executor was the major beneficiary
Further to my earlier question the Executor was the major beneficiary and transferred the property at the probate value into his own name. He then placed the property on the market and sold it for £60… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
I am a trustee & beneficiary of my late Mothers estate
I am a trustee & beneficiary of my late Mothers estate,(died Feb 11) along with my Sister. My Brother is the 3rd beneficiary (not a trustee) & he resides in Germany. The estate was not subject to IHT,… read more
privateclientlaw
privateclientlaw
Lawyer & Advocate
10 satisfied customers
Hi, My Aunt, a widow passed away in March 2010. She died of
Hi, My Aunt, a widow passed away in March 2010. She died of cancer. When she was diagnosed with cancer she decided to change her will. This included passing her home to her nephew(me). When she went t… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
Can IHT be reclaimed,my daughter and I were main beneficaries
Can IHT be reclaimed,my daughter and I were main beneficaries including a house, paying approx £11,000 in IHT, house valued at £300,000 but sold for £250,000, had problems with sale as half of garden … read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
My husband has a buy to let 1 bedroom house bought 9 years
My husband has a buy to let 1 bedroom house bought 9 years ago for £40k, present value circa £120k. We have a house under joint mortgage that we hope to sell with circa £230k profit which will allow u… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
- My mother died 6 months ago and probate has been granted.
- My mother died 6 months ago and probate has been granted. My sister and I want to transfer the property title into both our names. If we did this, when the property is sold would the nil rate band f… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
In 1997 my mother moved house and the new property was purchased
In 1997 my mother moved house and the new property was purchased in the joint names of myself and my sister. The purchase was financed by the sale of my [email protected] existing property. She has recently di… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
a friend has died im the executor. she died with a will that
a friend has died i'm the executor. she died with a will that left the house and some money to me. Her husband died in 2000. what implications are there for IHT please and does her husbands allowance … read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 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

6,709 satisfied customers

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

bigduckontax

bigduckontax

Accountant

1,335 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