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13 votes

Parents' house repairs and siblings future inheritance

Is there a way to handle this fairly, so I can get back the value of my "investment" in the property? What's "fair" is whatever you both can agree to. If she wants you to pay for ...
D Stanley's user avatar
  • 136k
8 votes

Parents' house repairs and siblings future inheritance

The easiest way would be giving a loan to the parents. Just make sure it is fine in such a way that the estate has to pay you back. If I was in place of the parents, I’d add generous interest to be ...
gnasher729's user avatar
  • 23.2k
5 votes

Parents' house repairs and siblings future inheritance

You can treat it the same way as investing in a company and change the inheritance split. Assume the house is presently worth £250,000 (you'll have to agree on a value or get a valuation done). You ...
user71659's user avatar
  • 3,644
5 votes

Currency refund from bank

Ordered currency from bank in February but it didn’t turn up and bank refunded me. It’s now arrived what do I do? Contact the bank. That money isn't yours to keep. They might deduct the money from ...
mhoran_psprep's user avatar
4 votes

UK - Best way to receive payment in Italy

Use someone like Wise or Revoult that will let you open an account in Euros, so you don't get charges when the customer pays into it. Then either keep it in Euros and spend it when you need Euros, or ...
davidsheldon's user avatar
2 votes

Voluntary National Insurance contributions for missed years as a student - is it worth it?

There is some number of paid years that gives you the full state pension; anything paid beyond that is useless. On the other hand, getting one year payment before that limit for £730 as you say is the ...
gnasher729's user avatar
  • 23.2k
1 vote

Parents' house repairs and siblings future inheritance

england-and-wales If you make them a loan, you would be expecting to recoup your investment through repayments, or through the sale of the house later - either when they move or through probate. It is ...
user1908704's user avatar
1 vote
Accepted

Capital gains tax and HMRC. What is the definition of a lodger and is there a difference between a friend staying a few months and a lodger?

Ignoring any Income Tax aspects (which weren't part of the original question) and considering Capital Gains Tax... HMRC Internal Manual CG64702 refers to Statement of Practice SP14/80 and comments &...
Steve Kidd's user avatar

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