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Parent buying their kids a home outright

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Comments

  • antrobus
    antrobus Posts: 17,386 Forumite
    CKhalvashi wrote: »
    ...

    Perhaps the most moneysaving thing to do with this is similar to an HMRC loophole we do with company cars when they hit 2 years old; Sell to my OH for £1,000 each, then after paying 20% vat, sell the cars for their true value.
    ...

    That ain't no HMRC loophole, that's tax evasion.
    jimmo wrote: »
    ...
    You refer to “my company”.
    Assuming you are a director of a limited company,...

    Well...
    About CKhalvashi
    Location
    London/Hertfordshire
    Occupation
    Company Director
    ...so that's a safe bet.


    I'd recommend fessing up to HMRC asap and coughing up the tax due. The poster has already supplied a number of clues such as;

    CKhalvashi wrote: »
    I have my mothers’ surname on my British passport, but not my Russian or Georgian ones, and I’ve declared both on the forms for simplicity, even though I’m legally Khalvashi-***, although not known as such outside the UK....


    I'm just some Random Guy off the Internet and I've already traced his Facebook account; I reckon HMRC could trace everything including his waist measurements by lunchtime when the office opens again in the new year.
  • swbrua
    swbrua Posts: 50 Forumite
    antrobus wrote: »
    I'm just some Random Guy off the Internet and I've already traced his Facebook account; I reckon HMRC could trace everything including his waist measurements by lunchtime when the office opens again in the new year.

    Don't say that! Last time he had people harassing the "famous musicians" he's friends with! CKhalvashi has an ego bigger than the collective debts of MSE members.
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