HMRC Admin 5 Response
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RE: BNO
Hi jonah ross
The mandatory provident funds are not taxable in the UK, however, you are required to declare your world-wide income; so in the interests of full disclosure, you only need to mention the MPF in the free hand text box, to declare it and ensure it is not included in any calculations.
Thank you
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RE: Payroll Benefit in kind
Hi
Whether the car benefit in kind is included as part of your salary or included in your tax code the tax paid will be the same.
If now payrolled you will need to check that the car benefit is no longer in your tax code.
You can contact HMRC at Income Tax: general enquiries
Thank you -
RE: Dividend income from worldwide quoted companies that shares were bought thru HK based trader
HiLouie Fan
This income would only be considered as from Hong Kong, as that's where the trading took place and the dividend arose.
Thank you -
RE: Gain/Loss on trading share options on US stock market
Hi Rex Li
HMRC do not provide a template. You are free to create one of your own.
If you save your spreadsheet as a PDF file, you can attach it to your tax return as supporting evedence.
Thank you -
RE: unsuccessful online submission of tax return
Hi schangh
If your details are correct and there is an issue filing your tax return online, then you will need to contact our Online Helpdesk to review Technical support with HMRC online services
Thank you -
RE: How to add my PAYE tax code to self assessment
Hi
You would need to include the EIS investment as this was in your code.
Thank you -
RE: EIS share sale within 3 years
Hi
No. Legislation requires that the income relief is withdrawn by HMRC and a special assessment issued, to collect the underpaid tax.
If you invest in new EIS shares, then a new claim for relief would be required for those shares.
You can submit a letter to HMRC advising that the shares are being sold and no longer qualify for relief.
Thank you
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RE: Self Assesment needed for savings/salary?
Hi REP
Due to the level of investment income you expect to receive, yes you will now need to complete a tax return. investment income over £10k meets the criteria so if you had this for 22/23 then you will need to do a return for that year.
If it is only from the 23/24 year, you can register up to 5/10/24 to avoid any late penalties - Self Assessment tax returns
Thank you -
RE: Access Tax Account with out Passport or Driving Licence
Hi
I am sorry if you are having issues accessing your online account.
You will need to contact our Online Helpdesk for assistance Technical support with HMRC online services
Thank you -
RE: Private Residence Relief - still partially resident
Hi jo stones
This could be considered but you would need to write in and apply for this for definitive confirmation to be given.
You would need to provide the facts, mentioned in your earlier questions, in your application and send this to
HMRC
PAYE & Self Assessment
BX9 1AS
Thank you