HMRC Admin 5 Response

Hi

The code 196T means you can earn £1960 over the tax year at that employment before you pay tax.
To review if the code is correct you will need to contact HMRC to access your record Income Tax: general enquiries

Thank you

Hi

You would need to review the guidance and take the statutory residence tests, to determine your UK tax residence status.
Only then would you be able to confirm whether you are still tax resident in the UK.  RDR3 Statutory Residence Test

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Hi

The 2022/23 balance will be collected in your 2024/25 tax code. If you select yes then your code will be updated for the current 2023/24 tax year to collect the HICBC for 2023/24.
As updated part way through the tax year the system will calculate the HICBC due so far and make an in year adjusmtent to collect this so by the tax year end as long as the estimated income we have to calculate your code is accurate you should not have a large balance to pay when you submit yout 2023/24 tax return. 

Thank you

Hi

We can only point you to the conditions for that relief  HS275 Business Asset Disposal Relief (2023).
However we cannot comment on the position with setting up a new business.  
There is guidance here CTM36305 - Particular topics: company winding up TAAR: targeted anti-avoidance rule (TAAR). This might be what you are looking for but we cannot comment on it.
If you require further information you will need to contact Corporation Tax. 

Thank you
 

Hi

Your employer would send the P45 leaving details online to HMRC.
It could be that if you have started a new job before the P45 is received the system will update the record to show your old job has ended and the new job started but will not yet show the P45 figures. 

Thank you

Hi

If you'd like to update your contact number but are unable to confirm the security information requested, please write to us at
Pay As You Earn,
HMRC,
BX9 1AS
confirming you name, address, date of birth, National Insurance Number and new contact number, and confirm that you'd like to update this contact number.
We will then contact you if any additional information is required.

Thank you

Hi

To give you a thorough explanation of you calculation and how your code has been subsequently adjusted, we will need to access and review your record.
Please contact us by webchat or post via Income Tax: general enquiries and we can confirm all adjustments made.

Thank you

Hi

For converting to pounds sterling, you would need to use a just and reasonable exchange rate in use at the time of the conversion.

Thank you

Hi Heather Mitchell

We cannot comment on scenarios, only provide general information/guidance in this forum.  
For an answer to a detailed question of this nature, you would need to contact our Self Assesment helpline on 0300 200 3310, or seek professional advice.

Thank you
 

Hi

Spousal maintenance is not treated as taxable, as the party paying the maintenance, has already paid tax on it.  
If you were to be taxed on it, the payment would be taxed twice.  You do not need to complete a tax return, to report the spousal support.

Thank you