elsie

Thanks for HMRC's reply. The original 22/23 self-assessment form is filed via HMRC website Now the 22/23 amended form has to include SA109 and not being supported by HMRC. Can I use 3rd party software to file an amendment of self assessment return? If not by what way I can do it?

Hi, I would like to ask if the following is allowed. My friend has interest income under his single-named account, which is high enough to make him become additional rate payer, say GBP 200,000. His spouse, on the other hand, only has limited income which is a basic rate payer. Can my friend assign part of the beneficiary interest (like 50%) of this GBP200,000 saving income to his spouse?

Thanks Clive , just typo. It was mid 22

Thank you for your reply. How to amend her 22/23 self-assessment form to apply split year treatment for 22/23? When is the deadline for such amendment?

Thanks for your reply but I still not get it. Let me put my question in a simple way, say: I apply split year - incoming case 4 and started to have a UK home on the day when I arrive the UK. Before coming to the UK (ie in my "Overseas Part"), I sold shares with a gain of say GBP 100,000. After I come to the UK (ie in my "UK Part"), I sold my residential property for which I am qualified for Private Resiential Releif. No other capital gains/losses in this year. When I fill in my Self assessment: 1/ For gain in sales of shares of GBP100,000, I don't have to report it since it is sold in my "Overses Part" 2/ For gain in resiential property, I don't have to report it since I will am qualified for Private Resiential Releif. Therefore, I don't have to fill in SA108. Am I correct?

Hi I have a rented property and received rental income in 2023/24. It is located outside the UK. I have no other property income. I would like to know: 1/ May i opt to use traditional accounting basis for foreign property income? 2/ If yes do i need to mention I opt for this basis in any self assessment form, e.g. SA106 (Foreign) or SA100 (Main form)? 3/ Am I able to use property income allowance if I opt for this accounting basis to report my foreign property income?

I would like to ask some questions as to the apply for split year treatment. My friend moved to UK in mid 2023 and became a UK tax resident in the tax year of 2022/23. She has UK property income in that year and therefore reported it in self assessment form. However, until lately she aware that she has foreign incomes in the period before she come to UK for which she DID NOT reported. She has checked that she is qualify for CASE 4 of Split year treatment and the said foreign incomes are arosed in the "Overseas Part". Qurestion on Timing: Can she apply for split year treatment for 2022/23 now and when is the deadline? Question of forms to file: Is there a special form to fill in for amendment to 22/23 form filed? Or shall she just fill in a new set of self-assment forms for 22/23 and file to HMRC again?

Thanks for your reply. I think you mean: because no need to report capital gain from the "overseas part" of the split year, AND because the ONLY capital gain in "UK part" is from sales of resident property that qualified for PPR (which is also no need to report), -- therefore the taxpayer NO need to report the capital gain to HMRC. Am I correct?

The tax payer is a UK tax resident; and the tax payer applied split year treatment (incoming case 4). ie there will be an "Overseas Part" and "UK Part", where: "Overseas part" refers to period before she meets the only-home test "UK part" refers to period from she meets the on-home test. What I am pluzzed is that: a) I understand that if there is FOREIGN capital gain but arising from disposal in the "OVERSEAS PART" of the tax year, after using split year treatment, there is no need to report such FOREIGN capital gain in the self-assment return. b) Other than the forign capital gain in the OVERSEAS PART of the tax year mentiioned in paragraph a, there is also OVERSEAS capital gain from sales of residential proerty (for which qualify for applying PPR). I read from notes to Form SA108 that if one ONLY has capital gain on selling of residenital property for which PPR applies, one don't have to filll in SA108 unless there are other capital gains. I am puzzled that does the capital gain mentioned in the paragraph a (ie the FOREIGN capital gain in the OVERSEAS PART) counts as the "other capital gain" that made the tax payer has to fill in a SA108?

Thank you for your reply. But sorry that I don't get what "Nov" means? Could you hlep to elebaroate?