Recent content by Cindyyyy

  1. C

    Stamp Duty Tax on Residential Home with Mortgage - Inheritance from Husband to Wife

    Thank you.. Referring to the first question’s answer, What I understood here is, even though our main home still has mortgage to pay (and I willing to continue paying it every month as I’m the beneficiary), I don’t have to pay any Stamp Duty tax? Appreciate your kind responses ?
  2. C

    Stamp Duty Tax on Residential Home with Mortgage - Inheritance from Husband to Wife

    Thank you for your responses. Yes, he did leave a will. The value of property is around £750,000 & the insurance is £200,000.
  3. C

    Stamp Duty Tax on Residential Home with Mortgage - Inheritance from Husband to Wife

    Hi all, I’m Cindy, I have lot of things going on after demise of my husband recently. Its quite tough to handle the current circumstances in managing the estates. My husband has inherited our main residential home, together with other assets (like company shares which I have discussed in...
  4. C

    Stamp Duty Tax on Inheritance Ltd Company Shares to Spouse

    Thank you I would definitely go through the company’s shareholder agreement to make sure whether there’s no restriction. Appreciate your kind responses ?
  5. C

    Stamp Duty Tax on Inheritance Ltd Company Shares to Spouse

    Oh alright Mike, thank you. For capital gains, its only payable when i decide to sell any of those shares one day in future, right? When I don’t sell any, that means there’s no tax payable? Thank you ?
  6. C

    Stamp Duty Tax on Inheritance Ltd Company Shares to Spouse

    Hi Mike, Thank you so much for your kind responses. Even though there are mortgages and liabilities in each of those company (real estate & buy to let), the shares still can be transferred to my name, so I can be the shareholder in each company by holding those proportions of shares (by...
  7. C

    Stamp Duty Tax on Inheritance Ltd Company Shares to Spouse

    Hi all, I’m Cindy, currently i am going through some difficult circumstances and confusion due to death of my husband and on top of that is handling the estates. I am sorry if my questions here is bit out of topics. Here is the situation, my husband just recently passed away & he inherited his...
  8. C

    Transfer asset to director (only one director & SH)

    Hi all, Thank you once again for your kind responses. My plan is to purchase few properties under my construction ltd company name & maybe transfer it to my name in near future. As the funds I will be using for down payment of mortgage is from myself. However I have a question running in my...
  9. C

    Transfer asset to director (only one director & SH)

    Hi there, I am ltd director as well as the sole shareholder & going to purchase properties under the company. My question is will i be able to transfer those assets into my personal name (maybe once I am going to close the ltd one day in few decades), if I wish to? Company is running smoothly...