HMRC Admin 5 Response
-
RE: GiftAid Donor - change of home address - evidence requirement
Hi
As long as the charity as details of your correct home address this will be fine.
Thanks -
RE: have I done something wrong ?
Hi J G
We would need to check if the employer has also been declaring the income as PAYE.
If you contact HMRC we can review this for you Self Assessment: general enquiries
Thank you -
RE: Approving an agent
Hi Sue White
I am sorry if you are having difficulties in resolving your online issues. For assistance please contact the online helpdesk Technical support with HMRC online services
Thanks -
RE: Child Benefit High Rate Tax - Advice for first return
Hi
That's correct - the figures in 'Pay' and 'Tax deducted' are the figures you would enter when your employment income is requested.
Thanks -
RE: CIS Tax Deductions and Tax Return
Hi
On the self employed page there is a box to declare the tax deducted under CIS so you get the credit on your calculation.
If you have omitted this from your tax return then you can amend to include Self Assessment tax returns.
If you need help to amend the tax return then you can contact HMRC at Self Assessment: general enquiries
Thank you -
RE: CGT on 2 inherited property transfers
Hi
You will pay your own CGT on your Inherited Property - Tax on property, money and shares you inherit
Thank you -
RE: 5 Year Pension Rule
Hi
Please refer to the following Guidance - Tax on foreign income and Tax if you return to the UK
Thank you -
RE: Child Benefit and Redundancy
Hi joe271190
Adjusted net income is total taxable income before any Personal Allowances and less certain tax reliefs please take a look at Personal Allowances: adjusted net income.
You can also contact HMRC direct to review Income Tax: general enquiries
Thank you -
RE: Gifting Money Clarification.
Hi
The £3000 figure you mention regarding gifts, relates to UK inheritance tax that may be payable on a UK tax resdent's estate upon their death.
If your mother lives overseas and has no UK assets, that figure will not be relevant in the UK. Spanish inheritance tax rules would most likely apply.
There are no income tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends. These would then potentially be subject to tax.
Further guidance can be found here (Tax on savings interest and Tax on dividends).
Thank you -
RE: CGT on inherited shares
Hi Andrew Fagan
Yes, as you inherited the shares at the probate value.
Thanks