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Cutting tax
Archives for December 2017
Discussion List
Reducing CGT in gifting house to kids.
Need some tax advice for my daughter. Not sure exactly when but about 5 years ago my son in laws parents although not very well off came into some money through selling their part of a business and they decided to use the money to buy my son in law and daughter a house not to own but to live in for now, as they had no…
Tax in the Falkland Islands.
If you want low taxation become a resident. £15000 allowance per person. 21% on next £12000 and the rest at %26. No higher rate. No capital gains. No inheritance tax. The only down side is our only bank offers just %.5 interest but all interest from the bank is tax free.To gain money, is bring your multi millions with you…
Split year Scotland/England?
I plan to move from Scotland to England next year, halfway through the 2018-2019 tax year. I am used to the idea of split years in UK/Non-UK, as I moved between UK and US several times, but this is a within-UK move, albeit between two parts with different income tax rules. How would this work, in terms of which tax rules…
Dedicated Parking Space at Work
My understanding is that if an employer allocates a specific parking space to an employee that the employer completes a P11D and that the employee should account for this on their self assessment as a benefit. Am I correct or is it more involved than that?
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