HMRC Admin 5 Response

Hi

Please refer to HMRC currency exchange average rates - GOV.UK (Trade Tariff: look up commodity codes, duty and VAT rates) 

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Hi

Please use the link withinReport and pay your Capital Gains Tax

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Hi 

Yes this can be done and you will need to apply in writing. -

Send your P60 for the relevant year as soon as they receive it.
Confirm the total payment and the amounts applicable to each tax year it covers.
Provide copies of any documents the employer has given them in respect of the payment this should be sent to
HMRC PAYE & Self Assessment
BX9 1AS

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Hi 

1. as the gross income is below the trading allowance, no.
2. yes you still include it for this as it is still taxable income - Personal Allowances: adjusted net income

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Hi

Yes you can apply for full relief - Double Taxation: Treaty Relief (Form DT-Individual)

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Hi c w

Please refer to please refer to Individual Savings Accounts (ISAs)

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Hi

This would be an improvement as it has not replaced like for like and as such is a capital cost.

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Hi

This is a pension for tax purposes.
The guidance at DT4617, advises that 'Where a UK resident makes a lump sum withdrawal from a Registered Retirement Savings Plan (RRSP) or a Registered Retirement Income Funds (RRIF), Canada imposes a 25 per cent withholding tax'. (DT4617 - Double Taxation Relief Manual: Guidance by country: Canada: Withdrawals from Canadian RRSPs/RRIFs).  
No tax credit relief is allowable, which means that the full lumpsum is taxable in both Canada and the UK.  
You can, however, claim a foreign tax credit relief of up to 100% of the foreign tax deducted, against your Uk tax liability. 

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Hi Crsdai7

PAYE income is taxable in the year it is paid so the PILON will be assessable in 23/24 and you cannot claim this in 24/25.

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