HMRC Admin 32 Response

Hi,

If your Self Assessment tax return is issued late you will have 3 months and a week to file before late filing penalties are charged. If the 3 weeks have passed and you have not yet received your UTR then you will need to contact our Self Assessment team to check on the progress.

Self Assessment: general enquiries

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Hi,

The SA1 online form will register you for Self Assessment is you meet the Self Assessment criteria. If you have not yet received your UTR you will need to contact our Self Assessment team to check on the progress.

Self Assessment: general enquiries

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Hi,

If she earns below the tax free allowance £12570 then she should not pay tax. She would need to contact our Income Tax team to review and issue correct code to refund any tax overpaid.

Income Tax: general enquiries 

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Hi,

As a Uk resident, HMRC has the right to tax your world-wide income and capital gains and this is declared in a Self Assessment Tax Return. Even if the gain from the French assets disposal is tax free in France, it is still a taxable gain in the UK. You would need to use UK capital gains rules to work out the gain. You would need to workout the acquisition costs in pounds sterling using an exchange rate in use at the time. You would do the same for the disposal and disposal costs, using the exchange rate in use at the time.  

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 each acquisition and disposal.  
You may wish to use the exchange rates from the tables at these links or from another source.

Exchange rates from HMRC in CSV and XML format

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

There is a capital gains calculator below to help you work out the gain.

Tax when you sell property

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Hi,

A person, who gifts a property to someone, who is not their spouse or civil partner, will be subject to Capital Gains Tax. They may be able to offset some or all of the gain using private residence relief, where the property was their main residence at some point in time. If the person who gifted the property dies within 7 tax years of the gift, then the market value of the property at the time of the gift will be included in the estate for Inheritance Tax purposes. Where the gift was to their child, including adopted, foster or stepchildren) or grandchildren, the inheritance tax threshold can be increased.

Please have a look at the guidance on Inheritance Tax at:

Inheritance Tax

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Hi,

No.  The arising basis of taxation will take the date the payment was paid into the pension scheme to determine the relevant tax year and not the date you received the bonus.

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Hi,

The "NTx" tax code is correctly being applied, as you will be taxable on your UK employment income up to the date you left the UK. The "NTx" will ensure that your employer does not repay all the tax deducted from the 6 April 2023. You will need to complete a Self Assessment Tax Return after 5 April 2024, to claim back any overpaid tax prior to NTx being applied.

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Hi,

Tax is calculated using the 'arising basis' in the UK. The bonus arises at a time you were no longer resident in the UK and as such, would not be taxable on the bonus in the UK. For this reason, it would not be included in your UK tax return.

Thank you.

Hi,

No, you are not.

Thank you.