I don't see a problem with capital allowances on the equipment if it was bought wholly and exclusively for the purposes of the trade (will he be bringing the equipment back to the UK with him, as there may be disposals to consider if not?). There's no reason why this would be a separate trade.
Air-conditioning would have some duality of purpose so no. Again, I assume this is installed for somewhere he lives, rather than a studio he owns or anything like that.
Checking the UK-SA DTT would also seem a sensible step.
Completely agree Barbara. Such double standards that it is fine for accountants to waste hours and days on the phone yet no flexibility when it comes to deadlines such as the 30 day CGT one when the system isn't fit for purpose.
My client struggled with opening a gateway account, so I followed Justin's good advice to obtain a paper form. Call HMRC between 8am-9am (best time to get through) and ask for a PPD CGT form if your client has issues with the Gateway option.
My answers
See https://www.gov.uk/hmrc-internal-manuals/savings-and-investment-manual/s....
I would also include your calculation in the white space on the return.
...and probably for "the dogs barking in the background" that we are warned about at the beginning of each call :).
I don't see a problem with capital allowances on the equipment if it was bought wholly and exclusively for the purposes of the trade (will he be bringing the equipment back to the UK with him, as there may be disposals to consider if not?). There's no reason why this would be a separate trade.
Air-conditioning would have some duality of purpose so no. Again, I assume this is installed for somewhere he lives, rather than a studio he owns or anything like that.
Checking the UK-SA DTT would also seem a sensible step.
Completely agree Barbara. Such double standards that it is fine for accountants to waste hours and days on the phone yet no flexibility when it comes to deadlines such as the 30 day CGT one when the system isn't fit for purpose.
This is one of the more helpful threads https://www.accountingweb.co.uk/any-answers/capital-gains-tax-report-and....
My client struggled with opening a gateway account, so I followed Justin's good advice to obtain a paper form. Call HMRC between 8am-9am (best time to get through) and ask for a PPD CGT form if your client has issues with the Gateway option.
Applause to Tax Dragon.
Same here.
Same here.
(1) Yes
(2) From memory, I think you can do so but that it isn't obligatory.
(3) From the date the declaration on form 17 signed, providing it reaches HMRC within 60 days of that date.
EDIT: https://www.accountingweb.co.uk/tax/personal-tax/property-tax-form-17-ge...
David Treitel: http://www.americantaxreturns.co.uk has been really helpful on this forum in the past re US matters.