Kenny
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£50 referral bonuses on investment plan
I have acculmated a few referrals through an invesment platform (wealthfiy). For each referral they give me £50 invested in their plan. My initial investments, along with my referral credits are sat in a GIA. My questions: 1. Is this capital gains tax? 2. Do I only declare and pay any capital gains tax once I have withdrawn from my investments? 3. Do I declare the whole £50 per referral and the gain made on each £50 as a gain? Thanks -
Energy company referral scheme
An energy company gives £50 credit for each person you refer. The £50 credits are used against your energy bills each month. Is this classed as taxable income? -
Self assesment for referral bonuses?
Hi, Do I need to do a self assesment for recieving over £4000 in referral bonuses from various companies (banks mainly)? If so what does this come under? Self employment as sole trader? Does that mean I have to register as a sole trader just becase I signed up people through referrals? Thanks -
Capital gains on property passed by spouse
My dad passed in 2018. Since 2022 we have been going through the Polish courts to get a property that he owned a share in (50%) passed on to his family (my mother and siblings) and then sell that share. This is now complete. We are wondering whether there is capital gains tax due. The Polish courts have decided that the proceeds of the sale must all transfer to my mum, so she is the sole benefactor. If capital gains tax is due, as this is a sale of 2nd property (my mum owns a house in the UK). At what point is it due, any value increase since my dad died in 2018 and ultimately the property passed to my mum? Since 2024 when the Polish courts actually decided the property belongs to her? Since my dad owned his shares (1995)? If it's in 2018 for instance, how would we determine value increase if property was not valued at the time? Thank you