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For questions that relate to the laws, practices, and products of the United Kingdom.

2 votes
1 answer
108 views

Can I manage somebody else pension pot?

I have an uncle that is meant to receive a modest amount of money from overseas. The person in question is 60 and does not have a stable job. I want to set up a pension pot for him so that once he rea …
Blue Moon's user avatar
  • 227
1 vote
1 answer
118 views

Uk tax inheritance from overseas parents

I'm a UK citizen with double nationality from Italy. I live and work in the UK. I'm receiving some inheritance from my late Father (cash money and shares), who was Italian and resided in Italy. Are th …
Blue Moon's user avatar
  • 227
3 votes
1 answer
51 views

Are there any taxes to be paid to HMRC when I sell an inherited property in another country?

I recently (less than six months ago) inherited a flat in Italy. I'd like to sell it. Are there any taxes to be paid to HMRC if I have the money being paid to a UK bank account?
Blue Moon's user avatar
  • 227
0 votes
1 answer
111 views

Do I have to pay the stamp duty additional charge when purchasing a house abroad?

I am in the process of purchasing a house in the UK. I own another house in Italy. I work and live in the UK. Do I have to pay the stamp duty additional charge? If I do so, do I qualify for stamp duty …
Blue Moon's user avatar
  • 227
3 votes
0 answers
143 views

UK taxes on rental income from abroad (Italy)

I have a property in Italy that is currently rented. I'm paying 10% in taxes as rent is at a rate agreed with the local council. According to the UK/Italy double taxation convention, it seems to me th …
Blue Moon's user avatar
  • 227
3 votes
1 answer
265 views

UK resident selling a house in Italy

I purchased a house in Italy for €250,000 in 2014. At the time, I was a student in the UK, and I didn't officially transfer my residency to the UK. I now (2023) work and live in the UK (and I've been …
Blue Moon's user avatar
  • 227