HMRC Admin 5 Response

Hi  John Webb

Yes. as the amount is over £10,000 a tax return is required - HS320 Gains on UK life insurance policies (2024)

Thank you

Hi 

Please refer to guidance at CG51560 - Share identification rules for capital gains tax from 6.4.2008: the “same day” and “bed and breakfast” identification rules and
Shares and Capital Gains Tax (Self Assessment helpsheet HS284)

Thank you

Hi mariachan

Yes, that is correct.

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Hi

1. this would only be taken into account when there is any gain/loss to declare on disposal of the shares  
2. yes you can use the trading allowance for the self employment income. as you state is is not applicable for the property income as your actual expenses are higher.

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Hi

Further information is required to answer this and you should therefore call 0300 200 3300

Thanks

Hi Einar Arne LOMAHAUG

You would write to
HMRC PAYE & Self Assessment
BX9 1AS
to have a letter issued or telephone 0300 200 3300

Thank you

Hi 

That is correct. anything after date of death will then be 100%

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Hi 

1. No these are not allowable. see CG15250 - Expenditure: incidental costs of acquisition and disposal  
2. yes claimable against rental income as it was the whole unit

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Hi yogacahcet Manivannan

You can write to HMRC with the change of address. On the letter if you include your name, national insurance number and new address this can be updated for you.
The address to write to is
HMRC,
Self Assessment & PAYE,
BX9 1AS
UK

Thank you
 

Hi CaptanKid

If you need to file a Self Assessment tax return for previous tax years then if you have not yet registered for those tax years you can register online Check how to register for Self Assessment.
Once updated you will receive a notice to file the tax returns. As issued late you do get 3 months and a week to file the tax return before late filing penalties are charged.
If registering late the original payment date will still apply for the tax years and if a balance due late payment penalties and interest can be charged Estimate your penalty for late Self Assessment tax returns and payments

Thank you