HMRC Admin 32 Response
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RE: Paper Form of Self Assessment Tax Return - about SA302 Tax Calculation
Hi,
1. HMRC, Self Assessment & PAYE, BX9 1AS UK.
2. Once your paper tax return is processed a SA302 will be issued to you.
3. The SA302 will include any details declared on your SA108.
4 and 5. You can check on the progress at:
Check when you can expect a reply from HMRC
6. You can pay the balance for the tax year as a one of payment but depending on the balance due there can be payments on account for the next tax year which are split into 2 payments.
Understand your Self Assessment tax bill
Thank you. -
RE: One off Bank welcome offer is taxable or not?
Hi,
They are not taxable.
Thank you. -
RE: Cash gift from friends and family outside UK
Hi,
There are no tax implication on the giving or receiving of cash gifts. There is no limit to giving or receiving a cash gift. Any interet the cash gift generates, is taxable and should be declared. You do not need to declare the cash gift.
Thank you. -
RE: royalties earned abroad
Hi,
Foreign employment should be declared on SA102 (box 3) or the ""Tips and other payments not on your P60"" box in the employment section of the online return. If tax paid on the employment income in France, you also need to complete the foreign section or SA106 and if French tax payble, you can claim a foreign tax credit by completing foreign section of the tax return or SA106.
Employment (2024)
Self Assessment: Foreign (SA106)
Thank you. -
RE: CGT on estate reporting.
Hi,
The online capital gains service should reply to you shortly after you submit your capital gains details, confirming the payment reference number.
It should also give you a prompt to make a payment of the tax due.
Have you signed into your own account and not that of the estate?
Thank you. -
RE: Sorting out tax year, tax payment rate
Hi,
1. Yes, that is correct.
2. Yes, that is also correct.
Thank you. -
RE: Tax Relief on Pension Contributions
Hi,
You need to include employer contribuitions and any tax relief that has been applied when working out if you exceed the annual allowance. for further information, please refer to:
Tax on your private pension contributions
Thank you. -
RE: How to count the number of disposals for the same stock on the same day?
Hi,
Please refer to:
HS286 Negligible value claims and Income Tax losses on disposals of shares you have subscribed for in qualifying trading companies (2024)
Also please refer to below link for the S104 holding.
Shares and Capital Gains Tax (Self Assessment helpsheet HS284)
Thank you. -
RE: Split Year Treatment SA109 Box 6 and 10
Hi,
1. That is for you to determine.
2. That is correct.
Thank you. -
RE: Calculating gain on sale of Spanish holiday home
Hi,
You will claim it back as foreign tax credit relief if applicable.
Thank you.