HMRC Admin 5 Response

Hi 

Please refer to guidance at Tax treatment of QROPS. scroll down to tax on pension payments.

Thank you

Hi InterestedParty

See guidance at Individual Savings Accounts (ISAs). as long as you have not invested £20k in the current tax year, there should be no issues.

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Hi Laura

There are no income tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends.
These would then potentially be subject to tax. Further guidance can be found here (Tax on savings interest and Tax on dividends).   

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Hi

If not listed at DT10153 then no relief can be claimed.

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Hi sharonlugsden

He will pay tax on his share of the profit at either 18% or 24%.

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Hi

The losses can only be used against any future capital gains. They cannot be used to reduce your income tax bill.

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Hi

I'm sorry to hear you haven't received your repayment.
Contact us by webchat or phone via Self Assessment: general enquiries, and we can confirm it's progress.

Thank you

Hi

You should tick box 7.4 and complete SA108 (Self Assessment: Capital gains summary (SA108)) for the section relating to the disposal of residential property.  
You should also include a copy of your calculation.  You can use the same one you submitted using online capital gains service.

Thank you

Hi 

This loan may be considered a 'disguised remuneration' and as such is taxable in the UK.  
Please have a look at Tax avoidance loan schemes and the loan charge.

Thank you

Hi 

No.  The gains declared as unremitted can only be those that were not remitted.  Using alternatives is likely to cause confusion in later years.

Thank you