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
While my husband was in full time education I agreed to
While my husband was in full time education I agreed to transfer 75% of the beneficial interest of a property in my own name to my husband so that 75% of the rental income went to him and he paid tax … read more
Sam
Sam
Accountant
Higher Officer HMRC
6,761 satisfied customers
, I own a commercial office building, I am in a partnership
Hi, I own a commercial office building, I am in a partnership and wondered if this qualified for Entrenpreneurs relief if I sell the building. I operate a serviced office business here, but the rental… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
My partner and I are both now retired since selling our business
My partner and I are both now retired since selling our business in the UK in March 2013. My question concerns CGT and whether to continue as a business partnership. The facts are as follows:- the bus… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
My wife and I own a property which is let out. My wife is
My wife and I own a property which is let out. My wife is now a 20% tax payer (was40%) and I am 40%. We therefore want to make use of my wife's 20% allowance for the income from the let property. We a… read more
TaxVince
TaxVince
Senior Accountant
Master's Degree
899 satisfied customers
Hello I have a question relating to tax on rental properties. My
Hello I have a question relating to tax on rental properties. My father died in August 2011 leaving me a rental property (a £100,000 flat producing £7200pa rental income) and his own house (no mortgag… read more
TaxVince
TaxVince
Senior Accountant
Master's Degree
899 satisfied customers
Hi, My wife and I sold our small 5 beded care home last year.
Hi, My wife and I sold our small 5 beded care home last year. She is aged 67 and I am age 70. The selling price was £315,000. How much Capital gains tax will we have to pay.? Allan Redpath… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
My wife and I are looking into purchasing a 3rd house to
My wife and I are looking into purchasing a 3rd house to rent out. the mortgage we can get requires my name to be on it as well for my salary. My wife is not in employment and want to know how to go a… read more
TaxVince
TaxVince
Senior Accountant
Master's Degree
899 satisfied customers
We are buying a small flat as an investment and plan to let
We are buying a small flat as an investment and plan to let it out. My wife is a higher rate tax payer whilst I am a self employed electrician with a turnover around £21,000 making my tax liability qu… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,761 satisfied customers
Hi Tony We are looking at buying a property to let. What expenditure
Hi Tony We are looking at buying a property to let. What expenditure could we claim against our tax and as we spend 6 months in the UK and 6 months is Spain what would our tax liability be?… read more
taxadvisor.uk
taxadvisor.uk
Accountant and Tax Practitioner
Chartered Certified Accountant - FCCA
2,188 satisfied customers
I own a second property in my sole name bought in 1996 and
hello I own a second property in my sole name bought in 1996 and moved out just under 2 years ago. I have since rented the flat out. I am thinking of transferring part of the property to my wife's nam… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
hi. I own a commercial retail property.It has been vacant for
hi. I own a commercial retail property.It has been vacant for approx 18mths with no sign of it being let. We previously got rent of 40k pa and are marketing it for 15k pa but with no success. I own it… read more
mark25551
mark25551
Audit & Accounts Manager
ACCA
197 satisfied customers
Hi, My wife and I have been employed in the UK on a PAYE
Hi, My wife and I have been employed in the UK on a PAYE basis for over 30 years. In December 2008 my wife took up a position on a PAYE basis with the National University of Ireland based in Cork, Rep… read more
CCTax
CCTax
Bachelor's Degree
324 satisfied customers
selling OUR business for 600,000 we are 4 partners we bought
selling OUR business for 600,000 we are 4 partners we bought it 25years ago 135,000 and spent 50,000 improovements HOW MUCH CAPITAL GAINS TAX I AM GOING TO PAY? DO I QUOLIFY FOR entrepreneurial busine… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
16,712 satisfied customers
Husband and wife in partnership, have a joint lease on a building,
Husband and wife in partnership, have a joint lease on a building, which consists of a retail shop on the ground floor, from which they run their business. Above the shop there is a self-contained fla… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,761 satisfied customers
Husband and wife are in partnership in a retail business.
Husband and wife are in partnership in a retail business. They have a joint short lease on the business premises that has a residential flat above. The flat is sub-let, producing an income of £8,000 p… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,761 satisfied customers
My partner owns part of a building with her Dad, her Dad has
My partner owns part of a building with her Dad, her Dad has used the downstairs as a business for 25 years, she has been in residence above the premise for 15 years and has not paid any rent, however… read more
Andrew Baker(baktax)
Andrew Baker(baktax)
Personal Tax Adviser
High School or GED
756 satisfied customers
Dear XXXXXtax,I own a building jointly with my wife. One half
Dear XXXXXtax,I own a building jointly with my wife. One half of the ground floor is a beachgoods business run solely in my wifes name with totally independent and seperate accounts. the other half is… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,761 satisfied customers
I have recently begun a small business (with a partner) and
I have recently begun a small business (with a partner) and registered as self employed. The office and store for this Business called Mindfulhealth Ltd is on the first floor of my wifes house (she is… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,761 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

6,761 satisfied customers

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

bigduckontax

bigduckontax

Accountant

1,374 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