HMRC Admin 32 Response
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RE: Gift aid query - which number?
Hi,
It is the actual payment that you made so in this case it is £1000. The system then adds the extra.
Thank you. -
RE: Tax on pension pot after death
Hi,
HMRC cannot comment on future events as legilsation may change.
Thank you. -
RE: Selling online
Hi BMad,
The rates you refer to are for Income Tax and Capital Gains Tax. As over £1000 it could be seen as trading income and you could claim the trading allowance if you do not hold receipts in order to claim actual expenses.
See further guidance below and the links therein.
Selling online and paying taxes - information sheet
Thank you. -
RE: Table A: UK ties needed if you were UK resident for one or more of the 3 tax years before...
Hi,
90 is used when calculating the number of days in the UK when there are 3 ties and the deeming rule is not applied.
If the number of days in the UK is higher, you are tax resident in the UK. If you meet the criteria to use the deeming rule, then the figure to be cencerned with is 46.
If the number of days in the UK including the deeming number of days exceeds 46, you are tax resident. The deeming rule applies, where the individual has been resident in the UK for 1 or more of the 3 previous tax years, they also have 3 UK ties and have present in the UK on more than 3o days, without being present and the end of the day.
The number of days in table A to be concerned with is 46, where there are 3 ties. Where there are 4 ties, the number of days using the deeming rule, reduce to 16.
If you are still experiencing difficulty in understanding the statutory residency tests, you may need to consider seek the advice of an accountant or other tax professional.
Thank you. -
RE: Tax on Non Qualifying Stock Options for same day transaction
Hi,
Please have a look at CG16200 onwards for guidance on the meaning of market value.
CG16200 - Assets: valuation
Thank you. -
RE: Redemptions from a fund & CGT
Hi,
We can only provide general information and guidance in this forum. For an answer to a detailed question of this nature, you would need to seek the guidance of an accountant or other financial professional.
Thank you. -
RE: Unable to confirm identity
Hi,
You will need to contact our online helpdesk for assistance.
Technical support with HMRC online services
Thank you. -
RE: Declaring Bank Interest on my self assessment
Hi,
When you enter the interest figure it will be included in the calculation but if below the personal savings allowance you will not pay tax on this.
Thank you. -
RE: Receiving tax refunds which have already been paid
Hi,
Apologies that this issue has not yet been updated to sync the PAYE and Self Assessment records.
To update your wife will need to contact our Self Assessment team.
Self Assessment: general enquiries
If she cannot contact HMRC by telephone or webchat she can return the cheque received with a covering letter to review. The address is:
HMRC, Self Assessment & PAYE,
BX9 1AS UK
Thank you. -
RE: outstanding debt on P2 form
Hi,
If there was an underpayment from an earlier tax year collected in your 2022 to 2023 tax code then you would enter that underpayment collected not the restriction in your tax code to collect this.
If you are not sure of the figure if you contact HMRC we can this for you.
Self Assessment: general enquiries
Thank you.