HMRC Admin 2

Hi,

If we have sent you a notice to file for 18/19 we will be expecting a tax return. As the tax return is late we have now sent a late filing penalty letter.

You can check if you need to complete a tax return for 18/19 by answering these questions:

Check if you need to send a Self Assessment tax return

Please answer in relaation to year 18/19 even thought it asks about 19/20.

Thank you.

Hi,

The early withdrawal penalty may apply under US rules, in which case you would need to check with them if this would still apply.  

It may be a rule for the pension company, again you would need to check with them. 

Thank you.

Hi,

If you are self-employed and use this programme only for work purposes you can claim the full cost.  

If you also use if for personal use you would need to apportion the amount you claim in relation to the business only use. 

Thank you.

Hi,

If you are using the simplified method and claiming 45 pence per mile, this covers all costs in relation to the car (including petrol).  

If you are being paid for the cost of the petrol you would need to count this as income as you are claiming for an expense not actually incurred.

Thank you. 

Hi,

The Tier 2 visa allows you to work in the UK, which is your choice.  

This is not an allowable expense for tax relief as it is not an actual expense of your job, but an individual expense. 

Thank you.

Hi,

The £1000 property allowance can only be claimed in place of actual expenses. Mortgage relief is an expense and cannot be claimed alongside the £1000 allowance.  

The cost of prescription glasses is not an allowable tax expense. 

Thank you.

Hi,

Gains which are below the annual exempt amount, £12,000 in 2019/20, are not liable to tax. These will not show up on your calculation as there is no charge to pay.  

We are not aware of an error on the Capital Gains pages. If your net gain is above the annual exempt amount then you should contact HMRC to make sure that you are entering all relevant information. 

Thank you.

Hi,

The £1000 trading allowance is independent of any other income you have.  This only relates to relevant trading, property or miscellaneous income you have.

Thank you.

Hi,

The rate of tax credit relief, 15%, is the highest amount you can claim back on the dividend income, not necessarily the amount you will be entitled to.  

The amount of foreign tax credit relief you can have is limited to the lowest value of the amount of UK tax being charged, the amount of foreign tax paid or the 15%.  

An example is that you paid 15% on the US dividends, £150.  Your UK liability, however, was that you were only due to pay tax on your dividend income of £125.  As your UK tax liability is less, your foreign tax credit relief is £125.  

You can find more information about working out foreign tax credit relief on our helpsheet:

Relief for foreign tax paid (Self Assessment helpsheet HS263)

Thank you.

Hi,

Yes, where both vans are being used for business purposes you can use the simplified method and claim for business travel related to each van. 

Thank you.