HMRC Admin 32 Response

Hi,

Only if she has UK income.

Please see further guidance here:

Tax on your UK income if you live abroad

Thank you.

Hi,

Please refer to guidance at:

EIM75550 - The taxation of pension income: lump sums from foreign pension schemes

Thank you.

Hi,

1. Are you claiming anything that can reduce the amount of taxable gain that you have, this can be anything from private residence relief for property, business asset relief, it depends on what you have sold.  
2. Yes, it is.    
3. If you are not making any elections, you can save and continue. Further guidance on elections is on page 3 of:
   
   Capital Gains Summary notes

Thank you.

Hi,

The remittance basis is available to individuals who are UK resident but not UK domiciled. To claim the remittance basis, means giving up your personal tax free allowance and capital gains annual exempt allowance and having your tax liability calculated on your UK income and gains and any remitted income and gains.  

Where you have been resident in the UK for 7 of the last 9 years, there is a remittance charge of £30000 added to your income tax calculation.

Where you have been resident in the UK for 12 of the last 14 tax years, the remittance charge is £60000 and if you have been resident in the UK for 16 or more years, you are deemed domiciled and remittance basis can no longer be used.  Instead you are taxable on your worldwide income.  

Have a look at section 9 of RDR1.

Residence, domicile and the remittance basis: RDR1

Thank you.

Hi,

Please refer to below link for Inheritance Tax.

How Inheritance Tax works: thresholds, rules and allowances

The address for writing can be found here:

Inheritance Tax: general enquiries

Thank you.

Hi,

Please also see below to determine if this is capital gains.

BIM53251 - Particular trades: commodity transactions

If so, the rate of tax depends on your level of income.

Capital Gains Tax rates and allowances

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Hi,

PTM044100 advises an individual can have tax relief in respect of any relievable pension contributions provided the individual is:

• an active member of a registered pension scheme, and a relevant UK individual in the tax year in which the contribution is paid.  

Tax relief can only be claimed for the tax year that the contribution is actually made. However, the amount of tax relief is limited to 100% of the UK earnings that are chargeable to income tax for the tax year.  

Have a look at PTM044100, as it advises the earning that attract tax relief.

PTM044100 - Contributions: tax relief for members

Thank you.

Hi,

To obtain full Deferral Relief you must invest an amount at least equal to the chargeable gain. Please also see guidance at:

Capital Gains Tax and Enterprise Investment Scheme (Self Assessment helpsheet HS297)

Thank you.

Hi Raymond,

If the rental income is for the 2022 to 2023 tax year then as long as the balance is paid by 31 January 2024 late payment penalties will not be charged. 

Thank you.

Hi,

You can contact our Self Assessment team to see if you have a live UTR.

Self Assessment: general enquiries

Thank you.