HMRC Admin 32 Response

Hi,

If you had no income or capital gains arising from overseas, in the period before moving to the UK and have had no income from overseas or the UK, while resident in the UK, tax returns will not be required.

Thank you.

Hi,

If you gains, minus losses in the tax year, keeps you below the annual exempt allowance for that year, then there is no requirement to declare the gains or the losses.

Tax when you sell shares

Any losses that you wish to carry forward to a future tax year must either be declared in a Self Assessment Tax Return, where a tax return is required or in writing. In both situations, supporting evidence of the gains and losses should be included.

Thank you.

Hi,

A resident of the UK is taxable on their world-wide income. A Self Assessment Tax Return is used to declare your world-wide income and tax deducted, in one calculation.  
The tax return has different sections for different types of income and capital gains. A paper tax return is made up of SA100 and several supplementary pages.  

Self Assessment tax return forms

There are several type of income that prevent the use of the online tax return. In those situation, it is possible to purchase a commercial tax return, provided you have a Government Gateway user ID and password. Have a look at below for more information.

Self Assessment tax returns

Thank you.

Hi,

Please have a look at the guidance of onverseas trusts at below, as we can only provide general information.  

Non-resident trusts

For more information you should contact the trust helpline on 0300 123 1072.

Thank you.

Hi,

You can do this without the need to declare it to HMRC.

Thank you.

Hi,

When working out your unused annual allowance to carry forward, you do not include the payments made by your employer, you only count payment you have made.  

Please have a look at the examples at:

PTM055100 - Annual allowance: carry forward: The carry forward rule - general

Thank you.

Hi,

As a UK resident, you are required to declare your world wide income and capital gain, using the 'arising basis'.  
The income and capital gains is declared in a Self Assessment Tax Return, in the tax year that it arises, even if it is not remitted to the UK. The overseas income and capital gains is declared on a self assessment tax return.  
As you are not domiciled in the UK, you can elect to use the remittance basis, where you claim the remittance basis and declare the income and capital gains that you are not remitting to the UK.  If you remit the income or capital gains in a later tax year, they will be taxable in that later tax year.  
Have a look at the below, as it is not always the best option.  

Residence, domicile and the remittance basis: RDR1

You claim the remittance basis through a self assessment tax return. The rules for the remittance basis will change from 6 April 2025.  
Individuals who opt into the new regime will not pay UK tax on any foreign income and gains arising in their first four years of tax residence, provided they have been non-tax resident for the last 10 years.

Thank you.

Hi,

Please send to:

HMRC PAYE & Self Assessment
BX9 1AS

Thank you.

Hi,

If you are tax resident in the UK yes. Please see:

Gains on foreign life insurance policies (Self Assessment helpsheet HS321)

Thank you.

Hi,

As per the link provided previously, CCS Collect are listed as a debt collection agency authorised by HMRC to contact you on our behalf, to discuss settling your debt. If you would prefer not to contact us by phone to discuss this, you can contact us by webchat or post.

Income Tax: general enquiries

Thank you.