HMRC Admin 5 Response
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RE: Claiming Capital Loss on unlisted shared against income tax
Hi
You will select NVC - Negligable value claim
Thank you -
RE: self assessment
Hi s h yip
If completing a tax return you would declare the dividends under the foreign income section. You need to tailor your return at section 3.
Thank you -
RE: Higher rate tax, Marriage Allowance and Gift Aid
Hi CJ C
The marriage allowance is only applicalbe if your income is below £50270 so whilst the gift aid may extend the basic rate band for you, this doesn't change the level of income received.
Please refer to Marriage Allowance
Thank you -
RE: Change Address on Personal Details
Hi
I'm sorry that you're having trouble getting in touch with us.
To update your address, you can contact us by webchat via Income Tax: general enquiries
- just click 'Ask HMRC Online', near the top of the page.
Thank you -
RE: Completion of SA 109 (Residence, remittance basis etc)
Hi Gloria Leung
Yes, that is correct.
Thank you -
RE: CG sale of property
Hi
You complete the CG section of the return and show that you have already declares/paid this. this then confirms any refund that will be due for the tax already paid.
Once submitted, please allow 72 hours to contact us for the repayment to be issued - it is different systems so is not done automatically.
Thank you -
RE: Income Tax
Hi Simi Amselem
You will need to contact us again directly for your record to be accessed to check. You can use webchat again or telephone 0300 200 3310.
Thank you
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RE: Days elapsed after entering Uk to become taxable
Hi
You would be classed as UK tax resident if staying more than 183 days in the tax year.
Thank you -
RE: Adjusted net income
Hi tj91
Your Adjusted Net Income is your total taxable income (which includes PAYE income, Self Employment income, income from property and investments etc.) minus deductions for personal pension payments, Gift Aid, and other tax reliefs.
Your Net Income is this Adjusted Net Income figure, minus the tax you would then pay on that figure.
You can read more here Personal Allowances: adjusted net income
Thank you -
RE: Sending money from abroad to UK account
Hi arifstone
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.
You may want to discuss with your bank though due to the level of funds to be received.
Thank you