All Questions
Tagged with tax-law united-kingdom
3 questions
27
votes
3
answers
11k
views
Why doesn't everyone in UK just pay with exempted gifts?
From what I've grasped from the gov.uk website,
you can gift as much as you like to anyone without paying any tax, as long as you don't die in the next 7 years. So why doesn't everyone just gift ...
- 525
3
votes
2
answers
1k
views
UK: Can I give money to my brother instead of him paying income tax on a share of my rental income?
Let's say my brother acts as guarantor for my mortgage, so that I can buy a bigger house than before. He does not put his name on the house deeds, and he does not contribute to mortgage payments, I ...
- 525
1
vote
3
answers
211
views
How can a VAT-exempt individual avoid paying VAT on purchases that encompass VAT in the price?
Some individuals, for example first time visitors to the UK are not liable to pay VAT. If they seek legal advice they may not be charged VAT, suggesting that they are not legally required to pay it, ...
- 835