HMRC Admin 32 Response

Hi Kelvin,

We would need to review your record to check the figures. You will need to contact our Income Tax team to review.

Income Tax: general enquiries

Thank you.

Hi,

We do not reply by email. If you still have not received a reply to your original submission you will need to contact our Self Assessment team to review your record.

Self Assessment: general enquiries

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Hi,

I am sorry we cannot send an email. If you still have not received the repayment then you will need to contact our Income Tax team to review your record.

Income Tax: general enquiries

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Hi,

If they have still not received their UTR they will need to contact our Self Assessment team to review.

Self Assessment: general enquiries

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Hi,

Please refer to:

Tax on savings interest

Thank you.

Hi,

As non resident, you would only pay tax on any UK income that you receive and as you state you have none, a tax return is not required.

Further guidance is at:

Tax on foreign income

Thank you.

Hi,

In this situation, you will need to work out the amount of foreign credit you can claim. When asked "Do you agree the amount of foreign tax credit relief shown above?", select yes (for the time being) and save and continue. Move on to view and print your calculation. Have a look at the calculation, to obtain the amount of UK Capital Gains Tax payable. If the UK Capital Gains Tax is more than the Overseas Captial Gains Tax, then the foreign tax credit is 100% of the overseas tax paid.  

If the UK Capital Gains Tax is less than the overseas tax paid, then the foreign tax credit is the amount equal to the UK tax payable. Click on back to take you back to the "Capital gains - foreign tax credit relief and Special Withholding Tax". Change the radial button to 'No' and now enter the amount of tax credit you are entitled to claim. Click on save and continue to go back to your calculation, which should now show the credit.  

Thank you.

Hi,

US government bonds, sometimes known as T-bills or treasury bills are generally taxed as income rather than capital gains. The return is paid at maturity rather than regular interest payments. In the UK, these are known as deeply discounted securities, with the discount being the difference between the price at which they were issued and the price received at maturity.

On a foreign investment the income is the difference between the purchase and redemption price after each has been converted to sterling on the day the transactions took place, so includes any foreign exchange gains. Losses cannot be deducted. 

Have a look at below for more information. 

SAIM3010 - Deeply discounted securities

If you invest in deeply discounted securities, put the difference between what you paid for the bond and what you redeem or sell it for in box 3 of SA101 (page Ai1).  

Additional information (2023)

Additional information notes

Thank you.