rwt83

Sold main home and split profits. Ex-gf has signed over her 50% share of our rental property to me. I do not plan to sell this. No cash has exchanged hands and is part of a separation agreement (we are not married). Are there any CGT implications?

I have a chance to work in Bermuda for a period and I will not break UK residency. I understand I will need to report this income via Self Assessment. Bermuda levies a "Payroll tax" on employers, that they can pass a percentage on to employees. This is not income tax per see - I am assuming I cannot claim this as a Foreign Tax Credit against UK income tax?

Hi, A family member received a capital payment from a trust their Grandfather setup. No R185 is required as it was not paid from income held within the trust. Am I correct in thinking the family member must now declare this as a gain via their Self Assessment and pay 20% on the balance after deducting the £12,300 CGT allowance?