HMRC Admin 5 Response

Hi

Yes the Capital Gain allowance for 22/23 was £12300. You cannot use any of the rental losses to reduce your capital gains liability.
If you have no other rental income, these losses are now gone.

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Hi

Under Article 17 of the tax treaty with Hong Kong, this income is not taxable in the UK and doesnt need to be declared.

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Hi

If you sell within 9 months of moving and the property was your only and main residence then it is unlikley that any CTGT would be due.
You still need to rpeort the sale as a non resident.

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Hi

This should be reported on the additional information page SA101 and you will each declare half as its a joint event.
If you file online, you need to tailor your return at section 3 to include this.

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Hi Dan Rio

You are only due £1000 savings allowance per year and it cannot be carried forward.

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Hi

There may be some to pay dependoing on how long it takes to sell as you will due a further 9 months after leaving the property to claim private residence relief.
As non resident you need to declare the sale even if no tax is due.

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Hi

In a year in which Split Year Treatment applies, any overseas income earned during the overseas part of the year is not liable to UK tax, and does not have to be reported in your self assessment return for that year  
(which can't be completed until after the end of the tax year).
To apply for Split Year Treatment, you have to complete the relevant boxes in the supplementary pages SA109.                                                 
Please see Residence, remittance basis etc notes

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Hi

Please note that completion of the SA110 (ie, the 'record the results of your calculation' section of the return in which the later  'Adjustments to tax due ' question appears) is not mandatory.
We will calculate your 2022/23 tax liability based on the entries made in the relevant sections of your tax return, including the 'Averaging adjustment' entry referred to in your question.

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Hi

On the basis of the information provided, you appear to be eligible  for Split Year Treatment (see part 6 of the SRT) for the 2022/23 tax year.
Under Split Year Treatment, a tax year is split into an overseas part (not liable to UK tax) and a UK part (liable to UK tax on your worldwide income).
Full details are provided at RDRM1200
RDR3: Statutory Residence Test (SRT) notes                                                    
Residence, Domicile and Remittance Basis Manual

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Hi

Based on the information you have provided (after using our Self Assessment Criteria tool) you do not have to either
(a) register for Self Assessment or
(b) complete a 2022/23 Self Assessment tax return.                                              
More information can be found here:
Check if you need to send a Self Assessment tax return

Thank you