HMRC Admin 32 Response

Hi,

Please see guidance at:

HS321 Gains on foreign life insurance policies (2023)

Yes, you can download the SA100, It states for reference only but you can still use this:

Tax Return (2023)

Thank you.

Hi,

HMRC cannot tell you that and it is for you to determine based on the guidance available.

RDRM12000 - Residence: The SRT: Split year treatment

Thank you.

Hi,

You can still use the calculator. If it is UK residential property that has been transfered. This needs to be reported and paid within 60 days.

Please see futher guidance at:

Report and pay your Capital Gains Tax

Thank you.

Hi,

The added relief is treated as paid at the same time you make your own payment. Please note the added releif is only at 20%

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Hi,

As the transfer is to your son, a gain is due on this 25%. To work out your gain, you would need the value at the time purchased and a value at the time of the transfer and take the amount given to your son. The difference is your gain. As its joint, you then split this between you and your wife. You can also deduct any costs, apportioned, that relate to the buying and selling. Any gain then due needs to be reported within 60 days of the 'sale'.

Further guidance is at:

Report and pay your Capital Gains Tax

Thank you.

Hi,

You can claim where you are travelling from home directly to the customer's sit and where you travel to a customer's site after travelling to the office, you can claim for the mileage from the office to your customer. You cannot claim from home to office.  

Have a look at the guidance at EIM31200 onwards for more information.  

EIM31200 - Employees using own vehicles for work: mileage allowance payments, AMAPs, MAR, passenger payments

Thank you.

Hi,

We can only provide general advice in this forum.  

For a more detailed reply, you will need to contact our Income Tax team or seek professional advice.

Income Tax: general enquiries  

Travel from your home for visits in the community, would be allowable for tax relief. Travel from your home to your office, would not.

Thank you.

Hi,

Yes. Provided the property was your main residence, during a period of ownership, you would be able to claim private residence relief for that period of ownership.

Thank you.

Hi,

We can only give general advice in this forum.  

Yes. All we would need is a copy of the changes declared to land registry.

Thank you.

Hi,

You will need to contact the Inheritance Tax team for advice for this query.

Inheritance Tax: general enquiries

Thank you.