Transfer of a site from a parent to a child If you transfer land to your child to build a house which is your child’s only or main residence, you will not have to pay CGT on the transfer. For this purpose, a transfer includes a joint transfer by you, and your spouse or civil…
CAT – Group thresholds You do not have to pay tax on a gift or inheritance if its value is below a particular group threshold. The threshold you use depends on your relationship to the person who gave you the gift or inheritance. You must pay tax on any remaining value above that threshold. There…
Foreign language and Information Technology (IT) courses You can claim tax relief on fees that you pay for certain courses in foreign language and IT. You may be the student, or you may pay the fees on behalf of another person. Conditions for relief To qualify for relief, your course must be: a foreign language…
