HMRC Admin 5 Response
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RE: Capital gains tax rates on land with permission and history of use for a residential caravan
Hi
Please refer to CG73550 which clarifies what is a ‘Residential’ gain.
Where the land consisted or included a residential dwelling (which this did/does) then it is classed as residential and would be taxed accordingly.
Land that at any time is, or is intended to be, occupied or enjoyed with a dwelling as garden or grounds is taken to be part of that dwelling and so would also be subject to the residential rate on CGT.
Thank you -
RE: When do RSU shares inherit section 104 holding gains/loses
Hi
The 30 days you refer to is when you sell the shares and buy back the same ones, it is classed as bed and breakfast rules.
Please refer to CG13350 - Bed and breakfasting: general and subsequent pages.
Thank you -
RE: Tax on interest on long term fixed rate bond
Hi NR0000 0000
As paid at maturity it will be the year it actually matures.
Thanks -
RE: Non UK Life Insurance Maturity- Declaration or not
Hi Suresh
1. as you meet the conditions for the length of time you have been in the UK as non domiciled, it is possible that the remittance basis is charged.
We cannot confirm if you can continue on this basis as your residence is for you to determine and the query also amounts to financial advise which we are not authorised to give.
2. answered at point 1
Thanks -
RE: Student Loans & Balancing Payments
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RE: How do I declare foreign income from foreign employment (company with no UK presence)?
Hi amgamo1
You would report the income either on the SA102 or SA103 on the tax return and as no p45/p60 you should use payslip information.
This employment will not show up on your HMRC employment history as this is for PAYE sources only.
Thank you -
RE: Cash ISA transfer
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RE: PL - UK treaty art 17
Hi answerpls
If you are UK resident then what you have referred to is correct.
However, you state that you are now resident in Poland so it is the English income that you would need to consider.
To claim rleief you would need to submit an exemption form - Double Taxation: Treaty Relief (Form DT-Individual)
Thank you