Clive Smaldon

Not HMRC..."2nd job" is self employment...need to register as self employed and register for self assessment (done with one form CWF1 online). No VAT registration unless turnover (self employment ONLY, not including job) more than £90k

Not HMRC...if you are statuorily tax resident in South Africa and not the UK then you should be completing Self Assement returns, claiming non UK tax residence, be on a NT code in the UK and be receiving your salary gross (no UK tax deducted) and be paying tax on it in South Africa only, via South African tax returns, the year you left the UK would ordinarily be split. If you are statutorily resident in both South Africa and the UK then you need to study the Double Taxation Agreement more fully (by reference to the employment section and Statutory Residence) as to has taxing rights based on your individual position.

Not HMRC...if your account shows in credit and the repayment has not gone to "pending" prior to being made then the repayment request has NOT been actioned...it hasnt even made it to security checks (if that happens) and wont until the system recognizes it's been requested. If you have requested it (you can ask once, twice, hundreds of times) and nothing has moved then its likely HMRC has set a signal to "no repayment" for some prior reason and you would need to call them.

Not HMRC...simple answer is you dont, the gain on the property is time apportioned on sale regardless of the periods it arose in.

Not HMRC...incorrect, BR band only increases for gift aid and pension contributions, other than that its currently £37700 and not £50270 in this situation

Not HMRC...Your parents MAY be able to claim UK personal allowances under terms of DTA (depends on nationality/where resident etc so not in all cases), which letting agents dont take in to account, and/or there may be costs not dealt with by agents. Regardless, it is usually better to receive the rent gross (NRL forms), complete the SA return annually and then pay HMRC rather than paying tax at source throughout the year. None of that affects the fact that a SA return is required each year for income from property as landlords outside of the UK.

Ooops, thats 18%/24% not 28%...I jumped back a year

Not HMRC...there is a box on the self employment pages specifically to enter "CIS deducted". As you havent entered this, the easiest way for you to rectify is to submit an amended return with all of the same information but this time with the CIS figure paid entered this time. (Box 81 on page SEF5)

Hello David. Noted re the IHT. The situation is that if the estate is selling the property then you need to do a CGT return on behalf of the estate, in this situation it goes on the estate CGT return only, not on any of the beneficiaries returns. If the property is divested there would need to be a CGT return for each of the beneficiaries. Under no circumstances should you put the full amount of the estate gain on your own return, You would only complete your own CGT return if the property is divested to you and the other beneficiaries first. Whilst 4 CGT returns might seem excessive if divested, each benefiicary could claim their annual CGT allowance against the gain if not used elsewhere, which is not possible within the estate, though this needs to be balanced against whether or not the gain would then split in to 18%/28% for any of them versus the estate amount. You could be paying more tax by selling the property in the estate than needs to be paid, or you may not be, but determining this is not possible without income details of the beneficiaries and knowing whether any of them use the annual CGT allowance elsewhere.

Not HMRC...no, because, on the return, you show the calculation again, AND complete the box on the CGT pages with the amount of CGT tax already paid. When you complete a CGT return you can only estimate your income so the CGT is an estimated figure based on the amount of BR available before higher rate CGT, when the return is completed it confirms your income for the full year and there may be additional CGT due or a repayment of CGT, depending on how good the estimate of income was when the CGT return is completed. To confim, CGT return first, based on bast estimates of other income, SA return later, confirming CGT figures and amount paid and accurate figures of income known.