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Monthly Tax Q&A

230 articles
Last Updated: November 23, 2023

Advisory Fuel Rates Update

HMRC publish rates that can be used by employers wishing to pay their employees...

Last Updated: October 7, 2024

Am I Eligible for a SDLT Refund?

Q.3 Am I eligible for an SDLT refund? I was previously living with my...

Last Updated: November 23, 2023

Am I Employed or Self Employed: If I have a Limited Company

Q. I Work through My Own Company Which Pays me a Salary and Dividends,...

Last Updated: February 16, 2026

Applying for a Customs Grant

The next phase of the customs grant scheme is now open for applications. It...

Last Updated: January 16, 2024

Are HMRC Interest Rates on Late Payment of Stamp Duty Linked to Bank of England Rates?

Q. When the Bank of England Raised Interest Rates (which it might Do Again!),...

Last Updated: February 4, 2026

Are My Late Husband’s Overseas Assets Exempt from UK Inheritance Tax?

Q: Are my late husband’s overseas assets exempt from UK IHT when left to me?...

Last Updated: March 10, 2025

Are Offshore Investments Subject to Inheritance Tax?

I am resident in the Isle of Man (IOM). I have investments listed with...

Last Updated: December 6, 2023

Are Repair Costs Deductible as Allowable Expenses?

Q.2 Can Repair Costs Be Deducted As Allowable Expenses? I Need To Complete My...

Last Updated: September 9, 2024

Are Service Charges Included with Ground Rents on a Landlord Tax Return?

Q.3 Are service charges put in with ground rents for a landlord tax return?...

Last Updated: January 16, 2024

Are Text Messages from HMRC about New PAYE Codes for 2023/24 Legitimate or a Scam?

Q. I’ve been Receiving Text Messages from tax.service.gov.uk Advising of New PAYE Codes for...

Last Updated: March 6, 2026

Are there any IHT Implications of Gifting Money to our Son and Daughter in-law?  

Q.2 Are there any IHT Implications of Gifting Money to our Son and Daughter in-law? I have a joint...

Last Updated: December 6, 2023

Are There Any Tax Implications If I Transfer My Property To My Spouse?

Q.3 Are There Any Tax Implications If I Transfer My Property To My Spouse?...

Last Updated: January 16, 2024

Are There Tax Liabilities for Gifted Rental Properties?

Q.2 Gifted rental properties – Any present and future tax liabilities? In 2007, my...

Last Updated: April 9, 2026

As the end of the tax year approaches, what should I check to maximise my tax allowances?

Q: As the end of the tax year approaches, what should I check to...

Last Updated: November 27, 2023

August 2017 Q&A

Question 1: My wife has a part-time job but doesn’t earn enough to pay...

Last Updated: February 4, 2026

Avoid Capital Gains Tax When Near the Limit

Q. I’m close to going over the capital gains tax limit. How can I avoid...

Last Updated: November 27, 2023

Business Asset Disposal Relief Update

The Spring Budget 2020 announced a significant restriction on future availability of entrepreneur’s relief...

Last Updated: January 6, 2025

Can a House Swap be Interpreted as Tax Evasion?

Q.2 Can a house swap be interpreted as tax evasion? I’m selling my house...

Last Updated: October 4, 2023

Can a Scanned Signature Be Used on Form 64-8 for CIS?

Q: Our Accountant has Asked We Complete a Paper 64-8 Authorising them to Act as...

Last Updated: April 3, 2024

Can Dads Get Government Aid for Paternity Leave?

Q: I’m about to become a father in the next few months, with our baby...

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