HMRC Admin 5 Response

Hi

You will need to submit a new claim to have this exempt, please see - Double Taxation: Treaty Relief (Form DT-Individual)

Thank you

Hi

Yes.  Renting our your makeup kit is a taxable income.  This should be declared as self employment income.

Thank you

Hi abc123

To confirm you are claiming the remittance basis, SA100 and SA109 are required. as no foreign income is being remitted there is no need for the SA106.

Thank you

 

Hi

The purchase of trade plates can be claimed as a business expense, as a vehicle licence fee.  
Have a look at Expenses if you're self-employed and Trade licence plates.

Thank you

Hi Megbent

As QNUPS are more for Inheritance tax, you will need to contact the IHT helpine on 0300 123 1072 to ascertain if this is recognised.

Thank you

Hi Katie R

As advised, if UK tax resident and domicile, you need to declare your worldwide income in the UK -  Tax on foreign income.  
If you are UK resident and not domiciled, then by default your have to declare your world-wide income and gains; however, you have the option to use the remittance basis instead, where you only declare all UK income and gains and only that overseas income and gains, remitted to the UK.  
Have a look at RDR section 9, as the remittance basis is not always cost effective:  Guidance note for residence, domicile and the remittance basis: RDR1

Thank you

Hi Hannah

Under the terms of Self Assessment, we do not provide an official exchange rate and the onus is on the individual to use a just and reasonable exchange rate for conversion of each acquisition and disposal or cryptocurrency.  
The link to the exchange rates provided for other HMRC department, is for your convenience.  You are free to use a just an reasonable exchage rate from another source.

Thank you