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My wife is about to receive severance pay after leaving the
My wife is about to receive severance pay after leaving the company see's been working for for 17 years. Ses is a high rate tax payer. The payout is made up of £35k redundancy and £35k severance. ( eq… read more
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if I make a lump sum payment as a clean break to my wife as
if I make a lump sum payment as a clean break to my wife as part of divorce settlement, does she or I have to pay tax on the lump sum amount instead of monthly maintenance. all children are grown up.… read more
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I have an offshore company registered in Panama with a bank
I have an offshore company registered in Panama with a bank account in Zurich and i am resident in India.I wish to give my sister , a UK citizen and resident an amount of GBP450K as a gift from this c… read more
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My wife reached the age of sixty on 21 January 2010. She decided
My wife reached the age of sixty on 21 January 2010. She decided to defer her state pension until such time as she stops work. When she stops work her annual income will be less than the threshold for… read more
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I am 72 and still working as a self employed consultant for
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Hi, My wife has been off work for many years due to ill
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my wife was retired on ill health due to a brain haemorrage
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I am a 16 year expat spending say 10 days p.a. in the UK for
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My wife worked 27 yrs for the NHS and then left to work for
My wife worked 27 yrs for the NHS and then left to work for a private firm, she recently took her NHSpension early receiving her lump sum and a monthly pension. She has now been informed by the tax of… read more
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Hello My wife was made redundant from her job as Asst.
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I have been offered a 6 figure lump sum in settlement of a
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Thanks for your last answer Sam......the Inventory was separate
Thanks for your last answer Sam......the Inventory was separate to the Building Insurance so I know what to do now thanks. Next Q - My mother died in February 2010. I received £7300 from her Will in M… read more
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My wife is employed in a UK local authority education department.
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My mother put a sum of money ( 192K) as part of the purchase
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My partner has just been made redundant due to ill health.
My partner has just been made redundant due to ill health. She was given a letter to say that her employment ceased on 31st March 2010. She was paid 3 months salary in lieu of notice, but she only rec… read more
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I have worked for a my company for 34 years I am 50 years of
I have worked for a my company for 34 years I am 50 years of age and I have been offered the following redundancy package; Pension from 1st April 2010 approx 52,000 GBP with 1200 commutable reducing m… read more
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my father died and his ex girlfriend was named the beneficiary,
my father died and his ex girlfriend was named the beneficiary, she doesnt want this money and would like to give the money to my brother and i. would any tax have to be paid on either part if she tra… read more
Sam
Sam
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Higher Officer HMRC
14,444 satisfied customers
I have been retired on grounds of ill-health by the Dept of
I have been retired on grounds of ill-health by the Dept of Work and Pensions. I received a letter on 2 June 09 giving this decision and giving my date of medical retirement as 18 March 09. Today I re… read more
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