HMRC Admin 5 Response
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RE: Calculating Total Pension Contributions
Hi
If you go above the annual allowance, your pension provider should give you a statement advising of this.
There is also a calculator at Check if you have an annual allowance tax charge on your pension savings
to help you work out the annual allowance tax charge on your pension savings.
Thank you -
RE: Need to send self assessment tax return ?
Hi
As you got more than £10,000 from savings or investments you will need to complete a 2023/2024 - see the following links about Registering for Self Assessment and when you can expect to receive a reply from HMRC.
Check how to register for Self Assessment and - Check when you can expect a reply from HMRC
Thank you -
RE: Capital Gains on Foreign Income
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RE: Maximum pension contribution by an Employer via salary sacrifice
Hi
A salary sacrifice arrangement must not reduce an employee’s cash earnings below the National Minimum Wage (NMW) rates.
Employers must put procedures in place to cap salary sacrifice deduction and ensure NMW rates are maintained.
NMW rates are at National Minimum Wage and National Living Wage rates
Thank you -
RE: Pension contributions
Hi slyraccoons Palmqvist
A salary sacrifice arrangement must not reduce an employee’s cash earnings below the National Minimum Wage (NMW) rates.
Employers must put procedures in place to cap salary sacrifice deduction and ensure NMW rates are maintained.
NMW rates are at National Minimum Wage and National Living Wage rates
Thank you -
RE: Tax free childcare and salary sacrifice pension contributions
Hi
You are correct - salary sacrifice would be deducted from your adjusted net income calculation.
You may have crossed the £100,000 threshold for some other reason - to allow us to check this, and advise you further, contact us by webchat or phone via
Self Assessment: general enquiries
Thank you -
RE: Why don't HMRC answer their phones
Hi Peter Havas
I am sorry for the delay in processing your penalty appeal, and for the emergence of more penalties.
Contact us by webchat via Self Assessment: general enquiries
and we can confirm if these penalties are appropriate, and confirm the progress of your appeal.
Thank you -
RE: CGT on shares acquired in the UK but sold after moving abroad.
Hi
HMRC cannot comment on future events as legislation and/or plans may change.
Based on current guidance, as you are not resident in the UK at time of sale, no UK capital gains tax will be due.
Thank you
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RE: Tax Reporting for Multiple Domains and Payment Gateways Under One Business
Hi
In theory, you could declare your cumulative income from each account under a single business account.
However, if this income comes from selling goods to different countries, we may need to confirm some more details before we can correctly advise you.
To allow us to do this, contact us by webchat or phone via Self Assessment: general enquiries
Thank you -
RE: Re-registering for self assessment?
Hi Lulu Wang
To allow us to confirm the progress of your case, contact us by webchat or phone via Income Tax: general enquiries.
Thank you