I enquiring about the actual process of accounting for R & D relief I use FreeAgent to report my company Corporation Tax. This year we will have R&D relief to claim and Free Agent does not support the C600L within the software. The Gov.uk guidance suggests ... Continue Reading
<t>Please consider the following scenario:<br/> A owns a buy to let with a market value of £100,000, free from mortgage. He wants to sell it to a newly formed limited company (X) for the various benefits that normally accrue from holding in a limited ... Continue Reading
Started paying more tax because of my employer's medical insurance and immediately told them to take me off it. I updated my details on the HMRC gateway to advise I no longer have the insurance but I keep getting taxed on it every month. Will this be sorted automatically ... Continue Reading
Hi there - seemingly a well trodden path at the moment but I cannot find a post that relates directly to my proposed setup. I cannot seem to find how much time I can spend in the UK if I move my family out to Dubai and get one of these 'Golden Visas.' Can someone ... Continue Reading
What are the IHT liabilities on the donee's estate? If the donee dies before the donor and the donor's death is 18 months after making the PET. Then is 40% due on the donee's estate, followed by another 40% for the failed PET? So 100k minus 40k on the donee's ... Continue Reading
Hi there, Dividends should the relevant tax year be based on ex-dividend date or actual payment date, the guide does not specify, the problem being that some were being paid to a different estate and so that they were not actually received in the tax year they ... Continue Reading
Hi. If I gift my residential home to my 4 children. Can I move to my btl property and consider that as my residential home? Therefore, I do not need to pay rent to my children. Thanks. Continue Reading
Can anyone help with the answer to the following please ? I am 80 years of age. I realise that until April 2027 my pension fund (in income drawdown now) could pass as a separate estate to my 2 children and would not be subject to Inheritance tax. However ... Continue Reading
