Skip to main content

This is a new service – your feedback will help us to improve it.

  • Surplus SDLY liability

    A solicitor requested Surplus SDLT, and the BUYER paid. 1. Does HMRC contact the Buyer on the tax paid? 2. Does the solicitor attach the HMRC's receipt on completion? 3. How can I contact the HMRC if I am liable to pay SSDLT or the correct amount paid is correct 4. If the purchaser rented a flat in 2017, had a mortgage in his name on a property purchased for his parents, and in 2021, purchased a residential property to live in, is he liable for SSDLT?
  • Surplus SDLT

    A child who has their property mortgaged applies for a mortgage to buy a house for their parents. The property is titled at the Land Registry, subject to Lend's decision, and is in the parent's name. 1. Is surplus SDLT incurred? 2. Is surplus SDLT incurred if the Lender requires the parent's name on the mortgage? 3. Is surplus SDLT incurred if the child is the guarantor to secure a mortgage for their parents?
  • Online CFD trade

    Can online forex trading losses be offset against pension income if there is no other income?
  • Online CFD trade

    The user is new to online trading and is concerned about the tax implications of their trading activities. They deposited £25,000 for trading, but the account initially lost £10,000 on the daily trading statement. After some time, the account recovered the initial sum, but the user withdrew the original deposit due to frustration and fear of losing more money. The user wonders if they can claim the accumulated losses, £10,000, from HMRC.