HMRC Admin 32 Response

Hi Carlotta,

If you applied for a U1 online then you should have received it by now.  If you’ve not yet received it then please contact our National Insurance team and they will be able to send you a copy.

National Insurance: general enquiries

Thank You.

Hi,

You will need to contact our National Insurance team and they will be able to send a copy to you.

National Insurance: general enquiries

Thank you.

Hi,

You may pay whatever tax years that you wish to make either in a lump sum or by separate amounts. We would ask that you pay a full tax year (or multiple) with each payment that you make. You should check with Future Pensions before making payment to ensure that it is worthwhile to do so – details about this will be included with your letter.

Thank you.

Hi,

Voluntary class 3 National Insurance contributions for the:

• 2017 to 2018 to 2019-2020 tax year are £15.85 a week (£824.20 a year). Payment should be received by 5 April  2025.
• 2020 to 2021 tax year are £15.30 a week (£795.60 a year). Payment should be received by 5 April 2025.
• 2021 to 2022 tax year are £15.40 a week (£800.80 a year). Payment should be received by 5 April 2025.
• 2022 to 2023 tax year are £15.85 a week (£824.20 a year). Payment should be received by 5 April 2025.
• 2023 to 2024 tax year are £17.45 a week (£907.40 a year). Payment should be received by 5 April 2026.

Thank you.
 

Hi,

Restricted stock units retained after vesting, may be subject to capital gains tax on their disposal. You will need to consider share pooling rules, as these RSUs may have been acquired at different times, you would need to keep records of all your share grants, vesting and income taxes paid on the shares which will help you calculate the chargeable gain for Capital Gains Tax.  
Only then if your capital gains exceeds your annual exemption then, there will be capital gains tax to pay on the gain. 

Thank you.

Hi,

There are no Income Tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends, so it should not be declared in a self assessment tax return. These would then potentially be subject to tax.

Further guidance can be found here:

Tax on savings interest

Tax on dividends

If the gift is from a resident in the UK, they may wish to consider inheritance tax implications, that may arise from the gift.  

They may wish to review the guidance below for more advice.

How Inheritance Tax works: thresholds, rules and allowances

Thank you.

Hi Kenneth,

We cannot answer this question, as it is a matter of goverment policy and not a tax enquiry.

Thank you.

Hi L. Czekala,

Your employer is not liable to pay tax in Spain. You are. Your gross employment income should be declared in Spain, so that it can be taxed appropriately in that country. As you are not UK resident, your employment income will not have national insurance deducted.  

If you want to pay NIC towards your state pension, then you will need to contact the NIC helpline for advice (+44 19 1225 4811 from outside the UK).  

You will need to complete form P85 (if you have not already done so) to declare that you are no longer resident in the UK and that you still have live UK employment. 

Get your Income Tax right if you're leaving the UK (P85)

This will allow your employer to receive a tax code advising that they do not need to deduct UK tax from your income.

Thank you.

Hi Chris,

Your UK employer should keep you on their books and keep your PAYE record live. You should complete the online P85, to advise HMRC that you are not UK resident but have live UK employment, so that the correct tax code can be issued. 

Get your Income Tax right if you're leaving the UK (P85)

You should declare this employment income in Spain.

Thank you.

Hi,

You would need to contact our Self Assesment team either by phone or our webchat facility to advise of the error and to have your records updated.  

Self Assessment: general enquiries

The foreign income should be converted to pounds sterling and included in the self employment section SA103. Under the terms of Self Assessment, we do not provide an official exchange rate and the onus is on the individual to use a just and reasonable exchange rate for the foreign self employment income.  

For your convenience, there are exchange rates at:

The National Archives: Exchange rates from HMRC in CSV and XML format

For older rates at:

The National Archives: Foreign exchange rates and spot rates: 1 January 1989 to 31 March 2009

You are free to use any of the supplied rates or one of your own choosing.  You would only need to fill in SA106, if you were claiming a foreign tax credit relief, in which case you would declare on page F6 of SA106.

Thank you.