HMRC Admin 2

Hi,

If your total sale was in excess of £49200 you need to report it.

You also need to advise HMRC of any capital losses within 4 years in the event you wish to claim them at a future date.

Thank you.

Hi,

You can find guidance here:

Capital Gains Tax: what you pay it on, rates and allowances

Thank you.

Hi,

Sorry we are unable to access customer accounts on this forum.

You will need to contact the helpline for advice.

Contact HMRC

Thank you.

Hi,

There is no Income Tax on the capital transfer.  

You may be subject to Income Tax on the interest accrued from the UK account. 

Thank you.

Hi,

Yes, it will only be taxable in Hong Kong and no declaration of this amount needs to be given to HMRC.

Thank you.

Hi,

Capital gains are taxed differently from income. You have a separate personal allowance for capital gains (in addition to your personal allowance for income). 

Thank you.

Hi,

You can find guidance on losses from cryptocurrency here:

CRYPTO21300 - Cryptoassets for individuals: Income Tax: IncomeTax losses

Thank you.

Hi,

You can find guidance here:

SDLTM09815

Thank you.

Hi,

You only complete box 29 if you have used the real time service.

Thank you.

Hi,

If she is resident in Switzerland however her income from employment continues to be paid by her employer via PAYE and UK payroll then yes she would complete the P85 to request an NT code. 

Thank you.