Reply to the comment left by michael O'Connor at 08/01/2022 - 12:11* pay zero as I’m minus £20k. Was thinking it would have to be in same tax year but il read into that further. Thanks
I am English and larger house is my Main. That sounds like a plan. Not sure when I sell my Scottish flat, say if it’s 2030 at £50k loss and I don’t sell my main residence at that time until...
Reply to the comment left by Wayne Hoban at 07/01/2022 - 15:36Thanks Wayne - i reread HMRC terms a-d last night and agree/understand your first point now as replacing main residence. Previously the guidance and calculators ask do you own...
Reply to the comment left by Katy Ann at 06/01/2022 - 19:52Thanks, I understand and knew this would be difficult but wasn’t sure if I could transfer majority to her so I only own a minor stake. HMRC condition c...
The forum is used for an initial steer and I might well see an account once I know what I am asking for, if that is what is needed after collecting initial thoughts. No thanks, Mike
Reply to the comment left by Freda Blogs at 07/01/2022 - 11:38Consent to let received and insurance reflected. Just wanted to clarify it is not a buy to let mortgage currently as that often changes options. Thanks
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Reply to comment left by michael O'Connor at 08/01/2022 - 12:11
Reply to the comment left by michael O'Connor at 08/01/2022 - 12:11* pay zero as I’m minus £20k. Was thinking it would have to be in same tax year but il read into that further. Thanks
Read More →Reply to comment left by Crossed_Swords . at 08/01/2022 - 11:49
I am English and larger house is my Main. That sounds like a plan. Not sure when I sell my Scottish flat, say if it’s 2030 at £50k loss and I don’t sell my main residence at that time until...
Read More →Reply to comment left by Wayne Hoban at 07/01/2022 - 15:36
Reply to the comment left by Wayne Hoban at 07/01/2022 - 15:36Thanks Wayne - i reread HMRC terms a-d last night and agree/understand your first point now as replacing main residence. Previously the guidance and calculators ask do you own...
Read More →Reply to comment left by Kathryn Robertson at 06/01/2022 - 19:52
Reply to the comment left by Katy Ann at 06/01/2022 - 19:52Thanks, I understand and knew this would be difficult but wasn’t sure if I could transfer majority to her so I only own a minor stake. HMRC condition c...
Read More →Reply to comment left by Simon Paskin at 06/01/2022 - 17:53
The forum is used for an initial steer and I might well see an account once I know what I am asking for, if that is what is needed after collecting initial thoughts. No thanks, Mike
Read More →Reply to comment left by Graham Benton at 07/01/2022 - 12:39
Reply to the comment left by Graham Benton at 07/01/2022 - 12:39Thanks Graham - that was the direction I was looking for
Read More →Reply to comment left by Freda Blogs at 07/01/2022 - 11:38
Reply to the comment left by Freda Blogs at 07/01/2022 - 11:38Consent to let received and insurance reflected. Just wanted to clarify it is not a buy to let mortgage currently as that often changes options. Thanks
Read More →