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Late Submission of Form 17 results in large tax bill - help.
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Posted as an image
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Given the you say your wife inherited from her mother, why/how did you end up owning 1%? If it had remained in her sole ownership your tax objectives would have been achieved by default.0
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anselld said:Given the you say your wife inherited from her mother, why/how did you end up owning 1%? If it had remained in her sole ownership your tax objectives would have been achieved by default.
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sheramber said:anselld said:Given the you say your wife inherited from her mother, why/how did you end up owning 1%? If it had remained in her sole ownership your tax objectives would have been achieved by default.
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Nothing to stop his wife transferring a share to him after she inherited it.0
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Someone advised you when the title became 1% and 99%. Who advised you, why was this done and why were the tax implications ignored? I am thinking that there might be a claim here from you against whoever provided the advice.0
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Thanks for this but don't believe that will work as the Solicitor's submitted the Land Registry as requested. Unfortunately I didn't ask for tax advice from them or anyone else.0
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anselld said:Given the you say your wife inherited from her mother, why/how did you end up owning 1%? If it had remained in her sole ownership your tax objectives would have been achieved by default.1
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