HMRC Admin 5 Response

Hi Gina Geremia

If you are sending a tax return from outside of the United Kingdom, then please post it to
HM Revenue and Customs
BP8002 Benton Park View
Newcastle Upon Tyne
NE98 1ZZ United Kingdom.  

If you are sending the tax return from within the UK, then you should send it to
H.M. Revenue and Customs
Self Assessment BX9 1AS.

Thank you

Hi

You do not include the student loan on the tax return, so answer 'no' to this question.
You will then need to contact Student Loans to arrange for any over repayment based on employer deductions to be refunded.

Thank you

Hi

In answer to your third query foreign income, no matter the amount must be reported in a self assessment tax return, in pounds sterling.  
If it is bank interest or dividends, it will be added to your UK bank interest and dividends and the appropriate dividend and savings allowances applied. 
Please take a look at the following links:
Check if you need to send a Self Assessment tax return
Tax on dividends
Tax on savings interest

Thank you

Hi

In answer to your second query HMRC are unable to answer this as your residence status is for you to determine based on the guidance available.
Please refer to RDRM12000 - Residence: The SRT: Split year treatment: Contents and RDR3 Statutory Residence Test

Thank you

Hi

Yes.  S221 Finance act was not changed - please see Finance Act 2004
 Also please have a look at the lifetime allowance guidance newsletter, which discusses the most recent changes - Lifetime allowance guidance newsletter — March 2023

Thank you

Hi Ivan Wong

No.  The entire tax return must be declared together, either online (usin3 3rd party commercial software) or on paper.  
If you have or are able to obtain a government gateway user ID and password, you can purchase a tax return that include the residence section and submit that tax return online. 
A list of commercial suppliers can be found at
Self Assessment commercial software suppliers
whereas paper tax returns can be found at
Self Assessment tax return forms 
You can register for an individual account at
HMRC online services: sign in or set up an account

Thank you

Hi

No.  If you cannot access the account or the interest until the account matures, the full amount of interest is then only taxable in the tax year the account matures.

Thank you

Hi

You will declare it as part of the foreign income and if UK tax is also due you can claim relief for the foreign tax paid, please see - Tax on foreign income

Thank you

Hi John

If you are self employed in the UK and you receive income from overseas as part of that self employment, you can convert the gross income and expenses to pounds sterling and add it to the gross income and expenses from your UK self employment, so that the whole self employment income is declared on SA103.  

If overseas tax is deducted from the overeseas income, then you also declare the overseas income and tax deducted in SA106.  This then allows you to claim a foreign tax credit, so that you are not paying the same tax twice.  

If no overseas tax is deducted, then the whole gross profit and expenses are shown only on SA103.

Thank you

Hi Burtgang

If you are not required to complete a self assessment tax return and you report the capital gain, before 31 December after the tax year has ended, using the realtime transaction service, then you do not need to submit a tax return.  
If you do not report the gain on the realtime transaction service by 31 December, you will need to submit a tax return and declare the gain.

If you have to complete a self assessment tax return for any other reason and you have reported the gain using the realtime service before 31 
Decemberessment you do not need to include on the self assessment tax return, unless the disposal value of the assets were more than £49200.

Thank you