HMRC Admin 5
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RE: Stater Rate for Savings
Hi
That is correct.
Thank you -
RE: Foreign income
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RE: Self Assessment for Trusts
Hi,
You can contact our online services on 0300 200 3600.
Thank you -
RE: Capital gains tax for civil partners who choose to live apart, and each own a property.
Hi,
Where a couple marries or enter into a civil partnership and each partner owned a residence which the couple continue to use after the date of their marriage of civil partnership, they must nominate which residence is their joint main residence as married couples and civil partners can only have one main residence between them.
The nomination must be made within two years of the date of their marriage or civil partnership.
See also guidance at HS283 Private Residence Relief (2023)
For definitive answers you will need to contact us direct either by phone or in writing.
Thank you -
RE: Dividend and Capital Gains Tax for non-resident investors
Hi Gio Pailo
HMRC cannot comment on future events as legislation/circumstances may change.
Thank you -
RE: ISA Transfers and new ISAs
Hi pdm9
No this is not seen as 2 accounts as it is being transferred/switched and has to be done by the ISA provider.
Thank you -
RE: Jersey and Statutory Residence Test
Hi
No as this is not part of the UK for this purpose.
Thank you -
RE: Tax on ESOP (Employee Stock Option) foreign income
Hi Simon G
Please have a look at the guidance at BIM40051 and BIM70015 for cash basis or BIM40075 for GAAP.
This means that the options would be liable to income tax based on the moneys worth value at the time of granting.
The sale of the shares would be liable to CGT with the acquisition costs being the same moneys worth value at the time of granting.
BIM40051 - Receipts: general: whether trading income
BIM70015 - Cash basis: receipts: overview
and BIM40075 - Receipts: general: when are they earned?.
Thank you
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RE: Tax on Foreign Life Insurance Policy (beneficiary, death of policy holder)
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RE: Have I paid into multiple stocks and shares ISAs?
Hi
This is still classed as making a deposit in 2 ISAs.
Thank you