HMRC Admin 32 Response

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.

Thank you.

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.

Hi,

The double taxation agreement between the UK and the USA, allows the UK to tax income / gains from an 'immoveable assets' arising in the UK, such as property income. This is done by completing a Self Assessment Tax Return, to declare only that income which is taxable in the UK. You do not declare your non UK income on the tax return, so should not complete the foreign section at all (SA106).  

The paper tax return just to declare UK property incone, would comprise of SA100 (tax return), SA105 (property) and SA109 (Residence). Paper versions of the tax return and supplementary pages are available at:

Self Assessment tax return forms

Thank you.

Hi BritishAl23,

Thank you for bringing this to our attention. The post has been removed and moved to the correct thread.

Thank you.

Hi davidoneill,
As previously advised, the payer of the 15k payment will notify HMRC and tax should already have been deducted at 20% on it.
There is no NI to pay. you can check your personal tax account to ensure it shows on our record:
Personal tax account: sign in or set up
Thank you. 
 

Hi,

We can only provide general advice in this forum. We have referred you to the guidance that covers deeply discounted securities, so that you can make an informed decision. If you are still unsure, you will need to contact our self assessment team using the below link or seek professional advice.

Self Assessment: general enquiries

Thank you.

Hi,

As the rules aroung offshore funds is complex, we would advise you to contact the collective Investment Scheme Centre directly as they are a specialist team who deal with these types of queries. This type of query is a little too specialist for us to help with and the investment funds manual is a little vague.  

Guidance on contacting the team can be found at:

How to contact the Collective Investment Schemes Centre

Thank you.