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RE: P85 or SA109 for armed Forces posted overseas
Elliot, I asked a similar question a while ago on one of these forums. They confirmed you could continue to use self assessment as normal because of the armed forces crown servant status when posted overseas. -
P85 or SA109 for armed Forces posted overseas
I am a serving member of the RAF and I am posted overseas for 2 years to RAF Akrotiri Sovereign Base Area Cyprus. I complete an annual self assessment and have changed my address on my HMRC profile reflecting my service accommodation address at Akrotiri. On completion it stated that a P85 or SA109 should be completed when leaving the UK. I already understand that as I am an armed forces ‘crown servant’ serving overseas that I still pay UK taxes as I would in the UK, can you therefore confirm therefore there is no requirement to complete the P85 or SA109? -
RE: Personal export scheme VAT410
Hi George, Just wondering if you got any clarity on this post when you contacted VAT? I’m in a similar boat as I plan to use the PES whilst posted overseas and ship the car back to UK with a ToR. Could you also please tell me if the car is classed as an import or export on the V5C registration documents. I’m wondering whether this would affect the resale value? -
Capital gains tax on house sale when grandparents have been part owner-occupiers
Hi, I would like to know how CGT should be calculated for a potential house sale that I have part owned with my grandparents who have recently passed away. The home in question was originally bought from the social rental market in 2008, (total value approx £30k at the time) and my grandparents, who ultimately wanted the home to pass to me on their death, put the home in equal 3 way ownership between me, my grandad and grandma. In 2017, my grandad passed away and left his third of the house to me in his will (total house value at the time approx £120k), and my grandma continued to live there. In 2021, my grandma gifted her remaining third of ownership to me (total house value at the time approx £150k). She then continued to live there rent free until she recently passed away. I now need to decide what to do with the house, to rent or sell (approx value now £160k) How would CGT be calculated in this scenario?