HMRC Admin 5
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RE: How to report foreign consultancy as an expense?
Hi
Can you please clarify if the company is you as a sole trader or you as a limited company?
Thanks -
RE: Higher Rate Tax Relief On Pension Contributions Self assessment
Hi
It would be the grossed up pension contribution figure that you would deduct. Further details on adjusted net income at Personal Allowances: adjusted net income
Thank you -
RE: Change of name
Hi
You can amend your name on your Personal Tax Account- select ‘Your profile’ on the PTA Landing page:
select ‘Change’ under Full Name section
select ‘Start Now’ button on next screen to complete form to advise of change
select change of name on next screen
select save and continue
complete all fields required on next screen
select 'save and continue'
complete all fields required on next screen
select ‘save and continue’
complete all fields required on next screen
select ‘‘save and continue’’
check entries on next screen
select 'save and continue'
complete declaration
select confirm and send – a notification giving submission reference will then be provided.
Thank you -
RE: Pension Tax Relief - one-off contribution to company pension scheme
Hi
If you submit a Self Assessment you can claim the relief when you complete the tax return. If you are wanting to claim during the current 2023/24 tax year as the contribution is over £10,000 then you will need to send a letter and include evidence from your pension provider of payments made this tax year.
You will also need to confirm whether the amounts included are gross (before tax) or net (after tax). Send your letter to:
Pay As You Earn and Self Assessment,
HM Revenue and Customs,
BX9 1AS,
United Kingdom.
If claimed during the tax year would receive relief through adjustment in your tax code. If claimed through Self Assessment repayment as requested on tax return.
Thanks