HMRC Admin 1 Response

Unfortunately, HMRC is unable to provide specific or tailored advice through the Online Community Forums and cannot comment on any form of calculation, example or scenario as we may not be in possession of all the relevant information.
 

The HMRC Customer Forum is for general queries only and is intended to help our customers self-serve. We are unable to provide financial advice or further interpretation of the guidance provided on GOV.UK. You can use the guidance here to Check if you need to send a Self Assessment tax return - GOV.UK (www.gov.uk)

Additionally, it is not possible to check individual tax records through this forum. For queries relating to your personal tax situation or tax code please contact our helpline please contact our helpline

Hi you can check here: 

Check if you need to send a Self Assessment tax return - GOV.UK (www.gov.uk)

Thanks

You will need to amend your previous year's tax return. You can do this online in your personal tax account or by submitting an amendment in writing please see the guidance here:

https://www.gov.uk/self-assessment-tax-returns/corrections

Hi Phil wheeler
Unfortunately HMRC is unable to provide specific or tailored advice through the Online Community Forums and cannot comment on any form of calculation, example or scenario as we may not be in possession of all the relevant information.

The HMRC Customer Forum is for general queries only and is intended to help our customers self-serve. We are unable to provide financial advice or further interpretation of the guidance provided on GOV.UK:

Work out your rental income when you let property - GOV.UK
Examples of how to work out Income Tax when you rent out a property - GOV.UK
Tax relief for residential landlords: how it's worked out - GOV.UK

Customers with more complex enquiries often engage the services of a professional advisor or accountant and this may be something you wish to consider.

HMRC is unable to provide specific or tailored advice through the Online Community Forums and cannot comment on any form of calculation, example or scenario as we may not be in possession of all the relevant information.

The HMRC Customer Forum is for general queries only and is intended to help our customers self-serve. We are unable to provide financial advice or further interpretation of the guidance provided on GOV.UK. You may find the following links helpful:
Work out your rental income when you let property - GOV.UK
Examples of how to work out Income Tax when you rent out a property - GOV.UK
Tax relief for residential landlords: how it's worked out - GOV.UK
Additionally, it is not possible to check individual tax records through this forum. Customers with more complex enquiries often engage the services of a professional advisor or accountant and this may be something you wish to consider.

HMRC is unable to provide specific or tailored advice through the Online Community Forums and cannot comment on any form of calculation, example or scenario as we may not be in possession of all the relevant information.

The HMRC Customer Forum is for general queries only and is intended to help our customers self-serve. We are unable to provide financial advice or further interpretation of the guidance provided on GOV.UK.
You may find the following link helpful: Capital Gains Tax - GOV.UK


 

Please see the guidance at: Pay Class 2 National Insurance if you do not pay through Self Assessment: Overview - GOV.UK

Please see the guidance here: Tax codes: Overview - GOV.UK

|Unfortunately, it is not possible to check individual tax records through this forumYou can find your tax code:

• by checking your tax code for the current year online - you’ll need to sign in to or create an online account

• on the HMRC app

• on your payslip

• on a ‘Tax Code Notice’ letter from HMRC if you get one

If you check your tax code online or in the HMRC app, you can also:

• find your tax code for previous tax years
• sign up for paperless notifications - this means HMRC will email you when your tax code changes

This forum is for general queries only and is intended to help you self-serve therefore we are unable to provide specific advice tailored to individual circumstances. Adjusted net income is your total taxable income before any Personal Allowances and less certain tax reliefs*. You can find more details, and work out your adjusted net income here:

Personal Allowances: adjusted net income - GOV.UK (www.gov.uk)

Inheritance Tax is only due when a person's estate is worth over £325,000 when they die, or if the person who died gave away more than £325,000 in gifts in the 7 years before they died. In this scenario the person in receipt of the gift within those 7 years will be liable to pay inheritance tax.

Gifts made in the last 7 years use up the £325,000 tax free allowance first, but if the gifts received are less than the £325,000 inheritance tax free allowance, any unused threshold can then be used by the estate of the person who has died.

If the person who died owned their home (or a share in it) the tax free threshold could be increased to £500,000.

You can find out more information here:

https://www.gov.uk/guidance/work-out-inheritance-tax-due-on-gifts