HMRC Admin 5 Response

Hi maych

HMRC cannot advise you on this as it is your decision as to whether you are claiming the remittance basis or not.

Thanks

Hi 

The disposal of share options for more than they were acquired for results in a capital gain.  
If the gains in a tax year exceeds the annual exempt allowance (AEA) currently £3000, then the remainder is taxable at 10% or 20% or a combination of both, depending on your circumstances.  
If the share are based in the UK, then you would declare gains above the AEA online, using the real time transaction service at Report and pay your Capital Gains Tax.  
If the shares are located overseas, then the gain is declared in a self assessment tax return.

Thank you

Hi jozmarv

1. please refer to National Insurance: introduction  
2. capital gains will be due in the country you are resident so if sold after you left the UK then yes this will be China

Thank you

Hi 

Please refer to Report and pay your Capital Gains Tax

Thank you

Hi 

If the losses are not being used there will be no change to the calculation.

Thank you

Hi riy87

Regardless of whether you are UK tax resident or not.  The UK has the right to tax any income from property that is located in the UK.  
This is declared through a self assessment tax return every year.  The HMRC online version of the tax return, does not support the residence section, so cannot be used to sumit a tax return.  
In this situation, you must submit SA100, SA105 & SA109 on paper in its entirety.  
You can download the form at Self Assessment tax return forms.  
If you have a government gateway user ID and password, you can choose to buy a commercial tax return that supports the residence section.  
You complete the commercial tax return and submit it using the user id and password.  If you cannot obtain a government gateway user ID and password, the commercial tax return option is not available.  
You can find a list of commercial suppliers at Self Assessment commercial software suppliers

Thank you

Hi riy87

If you are posting the tax return from within the UK, please use H.M. Revenue and Customs Self Assessment BX9 1AS.  If being posted from outside the UK, please use
HM Revenue & Customs
Benton Park View
Newcastle Upon Tyne
NE98 1ZZ
United Kingdom.  
The relevant tax year is the tax year in which you arrive in the UK, so part of that tax year may mean you were living abroad.

Thank you

 

Hi 

The SA251 exit letter is usually issued when a taxpayer's record has been automatically selected to be closed, after our systems have identified that the recipient will likely have no Self Assessment criteria in future.
It's probable that this is in response to our systems receiving the submitted return.
To confirm that the submitted return has been received, though, we would need to check your husband's record - to allow us to do this, contact us by webchat or phone via Self Assessment: general enquiries

Thank you

Hi hardcorejunglist

In this case, your employer is correct - your student loan repayments are based on your gross salary, after any salary sacrifice.
If you would like to make extra payments towards your student loan, though, you can find out more here -  Repaying your student loan

Thank you

Hi Amanda Lambert

To confirm the progress of your P55 application, we may have to review your record.
Contact us by webchat or phone via Income Tax: general enquiries to allow us to do this.

Thank you