HMRC Admin 5 Response
-
RE: How long does it take after application online to getCertificate of Residence for LLP
Hi Angela
You would normally get a reply within 3 weeks.
Thank you -
Re: Working from abroad for an UK based company
Hi
If you are not in the UK for 183 days of the tax year then you are not UK tax resident and this is when you would need to pay tax in the country you are resident.
Please see guidance at Tax on your UK income if you live abroad
Thank you -
Re: Photography as a hobby
Hi
No VAT will be due unless you reach the £85k mark. As possible selling overseas, you will still class this as part of UK turnover and make sure all foreign sales are converted to sterling.
Yes you can claim the trading allowance of £1000 but you cannot claim any other expenses if you opt for this.
For the 23/24 year, the registration date is 5/10/24 to avoid any penalties and you will already know your amount of income earned by that date.
You dont need to send in any documents at the time of submitting your return but you may be asked for these at a later date.
Thank you
-
Re: British citizen overseas gifting to British citizen and resident
Hi
No. cash gifts are not taxable. Any interest or dividends that this then generates though, is taxable income.
Thank you -
Re: Crypto staking, Capital gains in Crypto and Negligible Value Claim in Crypto
Hi
This customer forum is not designed to provide individual tax advice.
You will need to contact the self assessment helpline 0300 3200 3310, so that we may support your enquiry.
Thank you -
RE: Capital gains summary (2023). Form SA108.
Hi
As the actual disposal would have been over £49200, you will still need to declare it.
Thank you