HMRC Admin 19 Response
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RE: Costs incurred between IHT/probate and CGT of inherited property
Hi,
No, they cannot. You can see the following guidance to see what is allowable:
CG15250 - Expenditure: incidental costs of acquisition and disposal
Thank you. -
RE: Private Residence Relief if Working Abroad and renting your Main Home whilst away.
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RE: Overseas trust - tax on corpus
Hi,
You can see guidance here:
SAIM5210 - Dividends and other company distributions: foreign dividends
Thank you. -
RE: CGT treatment of property sale
Hi,
Your mothers half is not liable to CGT but the other half is. There is no relief allowable to the trustees in respect of your mothers disability.
Thank you. -
RE: Filling out the DT-Individual form - need some help
Hi,
You are correct, the answer to question 7 is no, and to question 8, is yes.
Thank you -
RE: Cash gift from abroad
Hi,
There are no Income Tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends. These would then potentially be subject to tax. Further guidance can be found here:
Tax on savings interest
Tax on dividends
Thank you. -
RE: Tax free lump sum
Hi,
You would need to ask the Greek authorities what evidence they require.
Thank you. -
RE: money Gift from overseas parents source from capital gain
Hi,
There are no Income Tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends. These would then potentially be subject to tax. Further guidance can be found here:
Tax on savings interest
Tax on dividends
Thank you. -
RE: Tax Obligations for Selling Overseas Property After Immigrating to the UK
Hi,
No, as you are not UK resident.
Thank you. -
RE: Capital gains on foreign employee shares