HMRC Admin 34 Response

Hi,
If your income from this company was from self employment, you should declare this income in the self employment section. The company should not have supplied a P60, as they are for PAYE employees only.
Thank you

Hi,
Yes, it will be the adjusted net income that is used.
Thank you

Hi,
You can advise HMRC of the increase in pension payments in year.
Thank you

Hi,
If the property was named in a will, with you and your siblings as the beneficiaries, then each of you will need to work out if you have a capital gain. There is a calculator at Sell your property: Work out your gain, which leads on to registering for a capital gains account, to report and pay the tax due withing 60 days of the completion date. Guidance on allowable expenditure can be found at:
CG15150 - Expenditure
Thank you

Hi,
Please contact the Stamp Duty Land Tax team for advice.
Stamp Duty Land Tax enquiries
Thank you.

Hi,
The threshold of £60,000 applies where you earnings in the tax year are £60,000 or more. If you have no earned income in this tax year, your threshold for tax relief is £3,600. £2880 plus £720 tax claimed by the pension provider. You can pay in more than this, but there will be no tax relief and the excess needs to be reported in a self assessment tax return. Have a look at:
Tax on your private pension contributions
Thank you

Hi,
You can still split it 50/50.
Thank you

Hi,
Please refer to guidance at:
CG14850 - Deferred consideration
Thank you

Hi,
If you have no capital gains tax to pay, then you do not need to report i.
Thank you

Hi,
This forum is for general queries only and is intended to help you self-serve. We are unable to provide specific advice tailored to individual circumstances.
Please refer to:
Capital Gains Tax: what you pay it on, rates and allowances
Thank you