HMRC Admin 5 Response
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RE: Gifting Property to Spouse - How to let HMRC know and forms to use?
Hi
As there is no capital gains tax to pay on the transfer of assets between spouses or civil partners, you would not need to report the transfer to HMRC.
If your wife, as the beneficiary of the gift, sells the property, she may be subject to capital gains tax at the time of disposal and based on current legislation would have 60 days to report and pay the capital gains tax.
Your wife is not required to notify HMRC that she is the recipient of the gift.
Thank you -
RE: Any need to do self assessment if classified as non UK resident ?
Hi
There would be no need to submit a 23/23 tax return, if the tests confirm that you are not resident for the whole tax year and have no UK income or gains in 22/23.
Thank you -
RE: Self assessment
Hi
If your gross profit from self employment was over £1000.00, then you will need to submit a self assessment tax return.
You can check if a tax return is required here
Check if you need to send a Self Assessment tax return
You may also need to consider voluntary class 2 NIC, if your profit is below the threshold of £6725 and your payments on account, if any.
If you do not need to complete a tax return, you will need to contact the self assessment webchat facility which you can find here
Self Assessment: general enquiries
Thank you
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RE: Social security payments from USA tax?
Hi
EIM76009 advises:
A taxable foreign benefit is any benefit that is payable under the law of a country or territory outside the United Kingdom that is:
substantially similar in character to a benefit listed in Section 660 Table A ITEPA 2003 (see EIM76101) and
payable to a person resident in the UK. Take a look here EIM76101 - Social security benefits: list of taxable social security benefits
Any foreign social security benefit that is also a pension is not a taxable foreign benefit for the purposes of Part 10 ITEPA 2003 and must be considered as a foreign pension under Part 9 Chapter 4 ITEPA 2003
See EIM75500 here EIM75500 - The taxation of pension income: foreign pensions
Thank you
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RE: Tax code
Hi
If 0T is still being applied, contact our helpline and we can issue the correct code. Our contact details are here:
Income Tax: general enquiries
Thank you -
RE: Tax due on Gift Aid payments
Hi
You would only be due to pay tax on this if you hadn't paid enough tax to cover it.
The relief is given by extending the basic rate band which should show on the calculation.
If you submit the return and contact the Self Assessment department after 72 hours we can view the calculation. You can find our contact details here:
Self Assessment: general enquiries
Thank you -
Working in the UK remotely for an overseas employee
Hi
You would need to take the residency test at RDR3
RDR3 Statutory Residence Test
to determine your residency position for 23/24 tax year and check if split year treatment applies.
If it does, you would only report your income from the date you arrived in the UK.
If you are tax resident for the full tax year and split year treatment does not apply, you would need to declare your Singapore income and claim a foreign tax credit for tax paid in Singapore.
For National Insurance, you will need to contact the NIC helpline Number 0300 200 3500, Text Relay 18001 0300 200 3500, (Text Relay) Overseas +44 191 203 7010 (Open Monday to Friday: 8am to 6pm Closed on Saturdays, Sundays and Bank Holidays). Web Address National Insurance: detailed information
Thank you -
RE: Receipt confirmation for self assessment sent by post
Hi
You can contact our Self Assessment department by webchat clicking the 'ask HMRC Online' link and asking to speak with an adviser.
We will then check if it has been received.
Thank you -
RE: Payment on Account
Hi
It would be half of the total amount due for 22/23.
Thank you -
RE: Capital gain tax
Hi
You both need to file separate tax returns, declaring your individual gains/losses and income.
Thank you