Gladys Chan
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Top cashback & bank referral bonus exceed £1000
May I know if I receive the top cash back and some referral bonus ; welcome bonus from banks which the total amount exceeds £1000 in this taxable year, do I need to include those cash back ; bonus to income into self assessment form? Thank you -
RE: Inheriting stocks and how to calculate the taxable gain
Dear Sir/Madam, May I know if the gain from selling stocks inheriting from my mom is classified as "Income" or "Capital Gain"? -
Fixed time deposit calculation
I have a $100,000 fixed time deposit (12-month term) with 4% annual yield, starting from 1 November 2022 to maturity on 30 October 2023 and the interest earning $4,000 will be paid on the maturity date (30 Oct 2023) Can I divide the expected interest earning $4,000 to 365 days and then times the number of days from 1 November 2022 to 5 April 2023, and include those partial interest earning to the income of 2022-23? Thank you -
RE: Inheriting stocks and how to calculate the taxable gain
Thank you for your reply, The gain from selling stocks inheriting from my mom is classified as "Income" or "Capital Gain"? -
Inheriting stocks and how to calculate the taxable gain
Dear Sir/Madam, My mom was non UK resident and died last year. She gave me some stocks according to her Will. I want to know from what time the value of stocks is calculated so I need to pay any gains/ interest of those stocks afterward: 1) The stock value is calculated on the date of my mom died. so if the price of stocks raised afterward, I need to pay the tax on the gain. or 2) The stock value is calculated on the date of the issuance of Grant. or 3) The stock value is calculated on the date the actual stocks were transferred to the executor of the Will. (in my case it is my brother) or 4) The date the executor transferred the stocks to my account. Thank you