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
Capital Gains Tax. My mother died recently & as per her will
Capital Gains Tax. My mother died recently & as per her will the proceeds from the sale of her house is to be split between her 4 children. The house was valued at £145,00 & sold for £157,500. When my… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I would like to purchase a half share in my mothers house currently
I would like to purchase a half share in my mothers house currently worth £600,000, we would live with her and look after her as she's 81 years old so it would also be our main and only residence, she… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
The house my recently deceased mother lived in was put in
The house my recently deceased mother lived in was put in the names of her 3 siblings 8 years ago when purchased. Before we attempt to sell the house, how can we minimise the amount of capital gains t… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
we are looking to buy a house with my mum split 40% to her and 15% to the 4 siblings. Hou
we are looking to buy a house with my mum split 40% to her and 15% to the 4 siblings. House price £1m. We buy as tenants in common and our shareholdings are represented by a deed of trust. On death of… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
my father is due to retire in 3 years time. He currently lives
my father is due to retire in 3 years time. He currently lives in rented accommodation that goes with his job. Him and my mother also own a house in which they currently rent out. Once they retire rat… read more
Sam
Sam
Accountant
Higher Officer HMRC
16,050 satisfied customers
In 2001 my mother made all four of her children and herself
In 2001 my mother made all four of her children and herself part owners of her house (which was worth around £400,000 at the time. She built a small bungalow in the garden separated from the main hous… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I would like some help with calculating my capital gains computation.
I would like some help with calculating my capital gains computation. In particular what the cost value would be, based on the following history: 1960 – Property purchased by parents for £7,000. 1989 … read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
my mother signed her house over to myself,brother & sister
my mother signed her house over to myself,brother & sister in 1995. she carried on living in the propery and i moved in with her in 2008. she died last year and i have carried on living in the propert… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
My wife is planning to receive payment ( 100k) from a trust
My wife is planning to receive payment (£100k) from a trust set up with money placed there from her father's estate. Will she pay any tax (income or inheritance) on this money? She is also going to be… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I bought my parents home in May 2003 off them rather than them
I bought my parents home in May 2003 off them rather than them use an equity release company. My Mum and Dad have lived in there rent free since this date, they only paid for bills such as electricity… read more
CDF Tax
CDF Tax
Bachelor's Degree
109 satisfied customers
My wife and I are about to propose to my parents that in approx
My wife and I are about to propose to my parents that in approx four years time we would move into their house and sell ours. Although they are both fit and well they are beginning to find that the bu… read more
Sam
Sam
Accountant
Higher Officer HMRC
16,050 satisfied customers
My siblings and I inherited half share in a house from my father
My siblings and I inherited half share in a house from my father in 1998. Our mother lived there until 3 months before her death in 2009. Are we liable to pay CGT on the increase in value of the house… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
My mother in law signed her house over to my husband in December
My mother in law signed her house over to my husband in December but continued to live in the property. She now wants to move into rented accomodation so we need to sell the property. The property has… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I recently challenged my council tax band and won. It has now
I recently challenged my council tax band and won. It has now been reduced and I am entitled to a refund. I have lived here since 1994 with my mother whos house it originally was. She moved out around… read more
Sam
Sam
Accountant
Higher Officer HMRC
16,050 satisfied customers
My father purchased a property in Spain in 1983. It has never
My father purchased a property in Spain in 1983. It has never been declared in the UK. It was placed in my parent's joint names. My mother has recently died leaving her half of the property split equa… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
my parents house is worth approx 150 000, and both parents
my parents house is worth approx £150 000, and both parents are aged and infirm. If they move to sheltered accomodation and give the house to me and my brother what are the tax and other financial imp… read more
Julie Kingham
Julie Kingham
Director
Chartered Tax Adviser
733 satisfied customers
my sister and I gave our parents the money to purchsae their
my sister and I gave our parents the money to purchsae their council house in 1992. The title deeds were transferred into our names in 1998 We signed a statement giving my parents lifetime tenancy. Th… read more
TEAP007
TEAP007
Tax Preparer
Fully Trained Inspector of Taxes B1
759 satisfied customers
My sister and I paid for my parents council house.It was bought
My sister and I paid for my parents council house.It was bought in their name but in 1998 the titles were transferred to us.An agreement was drawn up giving my parents lifetime tenancy, however they a… 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

16,050 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