Winnie

My sister is non-UK domicile, non-UK resident and own a UK apartment. Is she liable for UK inheritance tax if she still own the property when she dies?

Hi, I have gifted 1000 shares to my husband 10 years ago. When he sells the shares now, he will need to pay capital gain tax. My question is about the cost of those shares, is it the market value on the day I gave him 10 years ago or the market value I paid when I first bought them? Thanks

As a parent who has been providing regular living allowance to my son when he is in University, he will be getting his first job and becomes a tax payer. I would like to continue supporting him with the same regular living allowance for a few years. What is the tax liability to myself and him if any? Does this classify as Cash Gift which will have the £3,000.00 tax free limit, and subject to inheritance tax if exceed? M

Sorry for the confusion. So for someone who is not living in the UK and has not been living in the UK for more than 10 years, there is no CGT for selling shares of UK company as mentioned on the page on the gov.uk?

Hi, Thanks for your reply but it seems to contradict what I have read in the page of CGT on the gov.uk : https://www.gov.uk/capital-gains-tax/what-you-pay-it-on#:~:text=If%20you%27re%20abroad,within%205%20years%20of%20leaving. It says on this page: "If you’re abroad You have to pay tax on gains you make on property and land in the UK even if you’re non-resident for tax purposes. You do not pay Capital Gains Tax on other UK assets, for example shares in UK companies, unless you return to the UK within 5 years of leaving."

Hi, Being a UK non-domicile, do I need to pay tax on the gains when selling shares of a UK based company? Thanks

Hi, I have send in my tax return mid August by post. How can I check with HMRC that they have received it? and typically how long do I need to wait for an acknowledgement from HMRC?

Hi, I sold some shares and then buy back within 30 days of selling into my ISA shares account. Is there any CGT liability for those shares that sold but buy back into ISA? If so, what is the base cost I should use, the original cost or the market price at buy back into ISA because it is within 30 days?