HMRC Admin 5 Response

Hi

Yes as this is a capital expense which will have improved the value of the property. You will need to have receipts to support the figure.

Thank you

Hi mrflibble

1. Gains/losses from an ISA are not taxable or allowable as losses to set against other gains.  
2. yes as the protection of an ISA no longer applies  
3. noted

Thank you

Hi igys

1. the amount depends on when the level of income actually falls into the higher tax bracket. if the change is at 150k then you will take all the 50k at the higher tax rate.    
2. yes

Thank you

Hi Louise kelbie

As you are refering to a future event, HMRC cannot comment as legislation may change.

Hi mb199 b

We refer you back to our earlier answer  - 

1. that is correct  
2. no as your shares must be transferred to your ISA  
3. you can only do this in 25/26 if you meet the 90 day deadline. The level of any potential capital gains then depends on what is left and what your income is.

Thanks

Hi Swiss Resident

As it relates to regular payments being made, this could apply for anything over 6 months.

Thank you 

Hi

Yes the split applies to income and expenses.

Thank you

Hi 

Please refer to Selling online and paying taxes - information sheet and the online tool to suit your personal circumstances.

Thank you