HMRC Admin 5 Response
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RE: Self Assessment Statement
Hi
While you may have used an incorrect reference to set up your plan, there are a number of other possible explanations.
To allow us to trace your payments and allocate them to your record, please contact us by webchat or post via Self Assessment: general enquiries
Thank you -
RE: Government pension changes in spain tax reporting in 2023
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RE: Tax refund less than I was expecting - advice appreciated
Hi
As you are not seeing the calculation expected, you may have completed your return incorrectly.
Please complete and file your return, then contact us directly - we can then review your entries, confirm if they have been completed correctly, and amend as appropriate.
Thank you -
RE: Foreign income
Hi
You would declare this as an employment (PAYE) source.
Thank you -
RE: Online payments are not available at the moment
Hi
As this could depend on where the income tax is due, and how you've tried to pay it so far, please contact us by webchat or phone via Income Tax: general enquiries for more advice on how to make your payment.
Thank you -
RE: Self Assessment tax penalty but paid tax based on simple assessment tax calculation
Hi Tom14
Of course! For any advice on completing your return, contact us by webchat or post via Self Assessment: general enquiries- depending on the circumstances, we may also be able to offer addittional assistance to help you complete your return, too.
Thank you -
RE: First payment on account for 2024-25
Hi
If, after filing your return, you owe over £1000 in tax, our systems then predict what you will owe for the next tax year you will be due to file, and ask for that predicted amount to be paid in two instalments (called Payments on Account).
We ask for the first instalment on the 31st of January (which is 9 months into the tax year in which it is due), and the second on the 31st of July.
When you then file your tax return for that year, these payments are deducted from your overall tax bill.
We appreciate that this system may be less convenient for taxpayer's whose Self Assessment income fluctautes, though - as the first Payment on Account payment is requested 9 months into the tax year, you are more likely to have a reasonable idea of how much tax you will owe at the end of the 12 month tax year, and can adjust your Payments on Account accordingly.
To discuss adjusting your Payments on Account, contact us by webchat or post via Self Assessment: general enquiries
Thank you -
RE: tax on QROPS death benefits
Hi
1. If the QROPS trustees make a death payment within the 10-year reporting period, they must report it to HMRC. UK law takes precedence if the individual died before 75 and within ten full and consecutive years of becoming a non-UK resident.
2. After ten full years of non-UK residency, 100% of the remaining fund should be available to beneficiaries free of UK tax on the provision that the individual died before the age of 75.
3. However, if the individual dies within ten full and consecutive years of becoming a non-UK resident, while 75 years of age or over, under UK law, beneficiaries would pay tax at their marginal rate on any drawdown from the pension. Heirs can also receive the pension as a lump sum payment, subject to a tax charge of 45%
Thank you -
RE: Paying tax on house sale funds
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RE: Setup DCNI for Hong Kong Employer by "Work From Home"
Hi
Please refer to PAYE20090 - Employer records: set up employer record: DCNI scheme - direct collection (employee only NIC) to see if this applies to you.
Thank you