HMRC Admin 32 Response

Hi,

Please refer to:

Claim tax relief for your job expenses

Thank you.

Hi,

Coins produced by the Royal Mint, which qualify as legal tender, are not subject to CGT as the Treasury cannot tax the movement of legal currency.

This covers Gold Sovereigns, Gold Britannias, Silver Britannias and some other limited-issue Royal Mint coins.

There is no upper limit either. It doesnt matter where they are stored.

Thank you.

Hi,

The customer would need to refer to below and contact us direct.

https://www.gov.uk/tax-uk-income-live-abroad 

Thank you.

Hi,

Yes. For most employees, ordinary commuting is the journey an employee makes most days between their home and permanent workplace.

Contracts of employment must state the location or locations (i.e. addresses) where employees are normally expected to work.  This obviously has a  are significant bearing on whether your travel between your work location(s) and home counts as ‘ordinary commuting’, although the tax office generally look at the issue in terms of what counts as your ‘regular’ place of work.

By ‘regular’ they mean your attendance for work is frequent, it follows a pattern, and is consistent for all, or almost all, of the period for which you  hold that employment. For instance, if you work in your company’s office  if three days a week and routinely work at a customer’s premises on the other two, your mileage from home to both places counts as ordinary commuting and so isn’t claimable. If you start work at the same place every day, it’s a regular workplace.  The HMRC test here tends to be if the employee spends 40 per cent or more of their working time at that place, then it is the regular place of work irrespective of the office address on the employee’s contract of  employment.

Thank you.

Hi,

We would need to review your calculation to check why a balance is showing as due. If you submit your Self Assessment tax return and allow 3 working days to process and then contact HMRC we can review this for you. If an amendment is needed this can then be done.

Details of how to contact HMRC at:

Self Assessment: general enquiries

Thank you.

Hi,

You would do this on the SA106. you will also have to provide evidence to show that it was on the shares held in an ISA account as you will not be declaring any dividend income, just the tax relief.

Thank you.

 

Hi,

If you record was previously closed for 2022 to 2023 but you now need to file a tax return you will need to contact HMRC to re-open the Self Assessment record for 2022 to 2023.

Details of how to contact our Self Assessment team can be found at:

Self Assessment: general enquiries

Thank you.

Hi,

When an EIS company is taken over, the acquiring company may issue its own shares in exchange for the original shares; that is the shares which have attracted EIS income tax relief. This is a disposal of the original shares for CGT purposes even though new shares are issued in exchange. Eligibility for Share Loss Relief in respect of the new shares when they are disposed of is dependent on various factors.

Please refer to guidance below to review the specifics of their scenario to whether they meet relevant qualifying criteria.

VCM74000 - Share Loss Relief: individual and corporate claimants: individual claimants

VCM75360 - Share Loss Relief: individual and corporate claimants: individual claimants: more complex cases: shares received in exchange for other shares in a take-over: conditions for ITA07/S145 and S146 to apply

VCM75390 - Share Loss Relief: individual and corporate claimants: individual claimants: more complex cases: disposals of new shares (general case)

Thank you.

Hi,

Please refer to:

Self Assessment tax returns

Thank you.

Hi,

If they meet the criteria for Self Assessment for 2023 to 2024 then yes they would need to register to receive the tax return. They can check if they meet the criteria at:

Check if you need to send a Self Assessment tax return

Thank you.