HMRC Admin 28
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Re: State Pension and Self Assessment
Hi,
Tax is not deducted at source on your State Pension so it is the full amount received that you need to declare
Thank you. -
Re: Money Transfer Aboard
Hi,
There are no Income Tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends. These would then potentially be subject to tax.
Further guidance can be found here:
Tax on savings interest and
Tax on dividends
Thank you. -
Re: I have two stocks and shares isa - what do I do?
Hi,
You will need to decide which one to keep so that the other one then becomes a normal account and any interest earned would form part of your savings allowance.
Thank you. -
Re: Self assessment tax refund
Hi,
Some of our repayments are selected for additional security checks, and where possible we aim to complete these within 6 weeks.
If further information is required you will receive a letter.
Thank you. -
RE: PAYE appearing in record but not Self Assessment ?! - cannot enter Gifts and Pension without it
Hi,
The online Account will not give a detailed breakdown.
If you require details that are not shown, please contact our helpline who can advise of the details held.
You can find guidance here:
Income Tax: general enquiries
Thank you. -
Re: Overseason SIPP contributions
Hi,
Yes, you will still be entitled to tax relief on payments you make.
Thank you. -
Re: Transfer share of property to spouse
Hi,
Yes you need to send this and a form 17 to HMRC.
You can find guidance here:
Declare beneficial interests in joint property and income
Thank you. -
Re: Foreign income less than £1000
Hi,
If the income in question is for a salary for work undertaken whilst you were in Hong Kong then no. If it is anything else, yes you need to declare this.
To register, if applicable. You can find guidance here:
Register for Self Assessment
Thank you. -
Re: Transferring money from aboard
Hi,
There are no Income Tax implications on the receipt of a cash gift unless the income generates interest or dividends. These would then potentially be subject to tax.
Further guidance can be found here:
Tax on savings interest
Tax on dividends
Thank you. -
Re: Taxable foreign income
Hi,
It will be 15/09/21 as that is the date it is classed as foreign, due to your arrival in the UK.
Thank you.