HMRC Admin 32 Response
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RE: Selling online
Hi Susan,
Yes, you can. It is the tax year 06 April to 05 April.
Thank you. -
RE: Selling shares from 2 accounts
Hi,
For the joint account, you would both need to declare as any costs and proceeds would be split 50/50.
Thank you. -
RE: MIB claim payout
Hi,
No, this is not taxable.
Thank you. -
RE: How to declare foreign income on self assessment and not trigger VAT registration
Hi,
You can add them together for the self employment, not partnership, to have one turnover figure.
Thank you. -
RE: Private Residence Relief - nomination needed?
Hi,
If you manage to sell within the 9 months no but if it looks like you wont meet this deadline, the nomination is recommneded.
Thank you. -
RE: Gain from foreign life policy - Time apportioned reduction
Hi,
It is from the day you arrived.
Thank you. -
RE: Taxation on overseas Indian Joint Savings Account
Hi,
As it is a joint account it is split 50/50 unless you wish to submit a claim for an alternative split.
Declare beneficial interests in joint property and income
Thank you. -
RE: Reducing salary sacrafice net income and child benefit sefl assessment taxt return
Hi,
If the pension contributions are deducted from your wage before tax is calculated and this takes your income below the £50,000 threshold for the higher income child benefit charge, HICBC, then you would not need to complete a tax return for HICBC.
You can check if you meet Self Assessment criteria at:
Check if you need to send a Self Assessment tax return
Thank you. -
RE: Employed in Malta with UK resident
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RE: Self employed and starting a job
Hi,
Yes, that would be correct.
Thank you.