HMRC Admin 5 Response

Hi EvgeniyaEvgeniya

There are no tax implications on the giving or receipt of cash gifts, unless the cash gift generates interest or dividends.
These would then potentially be subject to tax.  Your friend may wish to speak to inheritance tax regarding any inheritance tax implications please see
How Inheritance Tax works: thresholds, rules and allowances and
Inheritance Tax: general enquiries.  
You may also want to review the guidance at How Inheritance Tax works: thresholds, rules and allowances.

Thank you

Hi johngold1 johngold1 

If the company reinvested the funds then no you don't declare them.

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Hi acurrie

If you meet the conditions at EIM32075 - Travel expenses: travel for necessary attendance: definitions: temporary workplace you can claim.

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Hi

Please declare repayments from HMRC in box 1 of page TR6 on SA100.  
The equivalent box can be found on the online return on page 3 of 3 when tailoring your return.

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Hi

For 22/23, income over £100k is a Self Assessment requirement.
This also means you have less allowances due to you as these are reduced the higher your income. You may owe tax if you have had full allowances in your code but these are no longer due.
Please see - Income Tax rates and Personal Allowances

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Hi

Yes as it applies to all pension inputs. Please see guidance at The money purchase annual allowance

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Hi 

Additonal voluntary contributions qualify for tax relief, as long as the payments keep you within the pension threshold.  
The pension provider will claim tax relief from HMRC and add this to your pension pot and if you are a higher or additional rate taxpayer, you can claim additional relief through pay as you earn or a self assessment tax return.  
Payments from a pension are taxable as income, as the payments into the pension are tax free.

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Hi stu1davy Davy

Whether you were UK resident at the time of acquistion, is not relevant for tax purposes.  
If you are UK resident when the investment is disposed of, either a gain or a loss will occur.  
If your gain exceeds the annual exempt allowance, then it is reported either using the CGT real time transaction service and/or in a self assessment tax return.  
If you incur a loss, this is either reported in the self assessment tax return or in writing, along with a supporting calculation.

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Hi Yen Le

You will need to contact HMRC direct on 0300 200 3310 to provide more information on this for a definitive answer to be given.

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Hi 

On the SA102, you will show the foreign income converted to sterling. Leave the tax deducted box blank and for the employer ref you enter 'None'

Thank you