I invested £20,000 in 2019 in an SEIS company and claimed 50% relief - £10,000. As I had significant capital gains in that year, I also claimed CGT exemption on 50% of the investment - £10,000 @ 20% = £2,000. Unfortunately, the company has gone into liquidation ... Continue Reading
Good afternoon, I have a client in the motor trade purchasing around 2,000 cars p.a. A software error has resulted in 90 cars being treated wrongly as qualifying cars and input tax claimed (£271K) and output tax paid (£2812K). The net difference (£10,500) ... Continue Reading
Hi Good afternoon, I have a question - an ex -client who has been a client for the past 6 years has gone to a new accountant and he is asking for all the paperwork back for the past 6 years from me. I have given him the latest 12 months (4 Quarters VAT paperwork) ... Continue Reading
I'm a Minister of Religion (Church of England) recognised as such by HMRC and required to live in the accommodation provided by the church. I hope to purchase a property this year that I will occupy on retirement in a year or so. I do not own a property at present. ... Continue Reading
Scenario. Shares were acquired over the yearss as option was excercised as employee. It was save as you earn scheme and statement shows employeev share ownership plan. Now the company actually issued 1 ordinary share for every 1 share already held. Then after the ... Continue Reading
Hello In the tax year 23/24 I received a compensation payment of $531.81 (£411.43) from the SEC in the US for the cryptocurrency Veritaseum. https://verifairfund.com/ I purchased a total of 4.1 Veritaseum tokens in 2017 and 2018 for a total cost of £437 (as ... Continue Reading
Hi all. I'm new to the forum and was wondering if I could get some help please? During the tax year 2023-24 my wife received a small Government pension of £1,297 + state pension of £10,338. She also received £3,066 in investment dividends and £170.00 in bank ... Continue Reading
Hi, I’m hoping someone can help with the following query as I’m not convinced my solicitor is correct I’m buying my brothers 1/3 share in a BTL in which I already own 1/3 of it (we both have other BTLs so are familiar with the 3% additional SDLT) - the ... Continue Reading
