HMRC Admin 5 Response

Hi

That's correct - the figures in 'Pay' and 'Tax deducted' are the figures you would enter when your employment income is requested.

Thanks

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

Hi 

You will pay your own CGT on your Inherited Property  - Tax on property, money and shares you inherit

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Hi

Please refer to the following Guidance - Tax on foreign income and Tax if you return to the UK

Thank you

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

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

Hi Andrew Fagan

Yes, as you inherited the shares at the probate value.

Thanks
 

Hi 

It should be declared in full, in the 24/25 tax year.  HMRC treats the Australian tax year of July to June as equal to April to April, so that there is no need to apportion.
June 24 falls in the UK 24/25 tax year.

Thank you

Hi Laurenmaidment40

The guidance at Expenses if you're self-employed advises that as this is expanding into a new business, it is not an allowable expense.

Thank you

Hi khc2024

You will need to contact the self assessment helpline on 0300 200 3310 or via our webchat facility at Contact HMRC,
to advise them that you arrived in the UK in Sept 23 and that you do not meet the criteria for a 22/23 tax return, so that it can be withdrawn.  
If you meet the criteria for using split year treatment, you would only declare your world-wide income from the date you arrived in the UK and your UK income for the whole tax year in the 23/24 tax return.

Thank you