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Related UK Tax Questions
We are selling our house and intend to rent a smaller house
We are selling our house and intend to rent a smaller house close to our daughter. Is there anything to stop us giving some of the capital released to our children as their inheritance now, rather tha… read more
bigduckontax
bigduckontax
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I need advice on tax laws regarding gifting money from one
Hi,I need advice on tax laws regarding gifting money from one person to another in the UK. I am a British citizen (as is the recipient). I *believe* there is no tax to be paid unless I die within 7 ye… read more
Tony Tax
Tony Tax
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I'm domiciled in Germany and have jointly inherited from my
Hello, I'm domiciled in Germany and have jointly inherited from my father who was domiciled in UK. We had to pay inheritance tax in the UK, but do I now have to pay again in Germany, and if so, what w… read more
bigduckontax
bigduckontax
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My father (UK passport holder living here last 40+ years) is
My father (UK passport holder living here last 40+ years) is due to inherit some money from a brother in India - can he pass this directly to his sons in UK without them being subject to inheritance o… read more
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My father is a retired Irish national who returned to Ireland
My father is a retired Irish national who returned to Ireland some 15 years ago after spending his working life in the UK. I, and my children, are UK born and domiciled. My father is now reviewing his… read more
Sam
Sam
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Higher Officer HMRC
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what are the tax implications if a uk citizens donates/gifts
what are the tax implications if a uk citizens donates/gifts 1 million pounds to a non family member outside the UK?… read more
Tony Tax
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i understand that money gifts from parents can be subject to
i understand that money gifts from parents can be subject to tax should the parent die within 7 years; if correct, is that separate to the value of the estate being under £325,000 also, if the 'gift' … read more
Tony Tax
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Hi, My parents are 85 and 88 respectively. They have about
Hi, My parents are 85 and 88 respectively. They have about £85,000 in savings and own their own property. They would like to gift £10,000 each to 3 of their grandchildren within the next few months (t… read more
Tony Tax
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I am about to gift 50 shares each to my two grandchildren (aged
I am about to gift 50 shares each to my two grandchildren (aged 3 & 6) who live with their parents domiciled in Alexandria Virginia USA. For UK Tax these shares will be vaued at £800 per share and I w… read more
CCTax
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Re UK Inheritance tax If an Indian, living in usa for
Re: UK Inheritance tax If an Indian, living in usa for 10 years, and who has neer visited UK, becomes sole proprietor of uk registered private house, of which value likely to exceed present limit of £… read more
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I am 71 and has not done a wii or planned for IHT- nad have
I am 71 and has not done a wii or planned for IHT- nad have substantial assets with 2 daughters and wife---what are my options- for saving IHT ?… read more
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My parents live in New Zealand although my father is british,
My parents live in New Zealand although my father is british, they were thinking of helping me to buy a house to renovate with potentially a view to them living in it if they move back to the UK in th… read more
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My parents joint estate is approximately 450.000 over the double
My parents joint estate is approximately 450.000 over the double nil rae band of £600.00 They are both in their mid eighties. Would you please advise if IHT planning can be put in place to safeguard t… read more
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If I gift a house I do not live in to one son, and gift the
If I gift a house I do not live in to one son, and gift the other son a comparable value of cash or shares, what are the inheritance tax implications? My current understanding is that if I survive 7 y… read more
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Hello, I am a UK resident and home owner, my parents live in
Hello, I am a UK resident and home owner, my parents live in Ireland and they wish to give me 30,000 euros (proceeds from the sale of my grandmothers home - she has moved into smaller accommodation). … read more
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2 years ago we moved my 95 year old mother to live with the
2 years ago we moved my 95 year old mother to live with the family. The sale of her house is now going through. My mothers intentions are to give each of the family some money. Although this isn't inh… read more
Tony Tax
Tony Tax
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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
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if a largish amount of EUROS (from sale of a french property
if a largish amount of EUROS (from sale of a french property in France) is transferred into our UK bank, will the money be subject to UK Capital Gains Tax Law? It is exempt in France as property has b… read more
Tony Tax
Tony Tax
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