HMRC Admin 32 Response

Hi,

You will need to contact our Income Tax team so that your records can be accessed to give this confirmation.

Income Tax: general enquiries

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Hi,

If you have had a redundancy payment up to £30,000, after any post-employment notice pay has been taken off, and against which your employer has allowed an exemption on, put the total amount that you received in box 9. If your payment after any post-employment notice pay has been taken off, is more than the £30,000 limit, you’ll have to pay tax on the difference. Put the amount over £30,000 in box 5, any tax taken off in box 6 and the £30,000 limit in box 9.

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Hi,

Please navigate to "3. Tailor your return" and at the bottom of page 1 of 3, select 'yes' to "If you disposed of any chargeable assets, or had any chargeable gains, or you wish to claim an allowable loss, or make any other claim or election, do you need to complete the Capital Gains section?" and save and continue.  When you move on to "4. Fill in your return", there will be a capital gains section to click on, to take you to the capital gains questions.

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Hi,

Yes, you need to declare your world-wide income in your tax return. Self assessment will appropriate rates for interest, based on the information you include. If no tax is payable on the interest, it will reflect this in the tax calculation.

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Hi,

Using the remittance basis, means that only income and gains arising in the UK and any remitted income and gains are taxable. Unremitted income and gains is not taxed in that tax year, but if brought to the UK in a later tax year, it will be taxable in that later tax year.  

To claim the remittance basis means that you will need to complete a self assessment tax return, to declare the unremitted income and gains.  

You state that you will transfer £128000 from the sale of the property. This will become remitted income and may subject to Capital Gains Tax. If the property was your main residence for the whole period of ownership, then the private residence relief will cover any capital gain.  

Have a look at below for guidance on private residence relief.

Private Residence Relief (Self Assessment helpsheet HS283)

Also, have a look at section 9 of RDR1.

Residence, domicile and the remittance basis: RDR1

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Hi,

As it was your main residence, you do not need to report it.

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Hi,

Please refer to below with associated links to ascertain if you meet the conditions to claim.

When travel qualifies for tax relief (490: Chapter 2): Travel to a place where attendance is in the performance of duties

EIM32075 - Travel expenses: travel for necessary attendance: definitions: temporary workplace

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Hi,

Hold-Over relief is typically used for the succession planning for business.

CG66880 - Reliefs: Gifts and Capital Gains Tax: Relief for Gifts of Business Assets

The conditions for a transferee for Hold-Over relief can be found in HS295 Capital Gains Tax relief on gifts and similar transactions where generally the condition only states the transferee needs to be UK resident.

HS295 Relief for gifts and similar transactions (2022)

Further conditions can be found here:

CG66883 - Relief for Gifts of Business Assets: The Donee

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Hi,

You need to fill in box 24.1

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Hi,

The guidance at CG73760 refers to non-resident individuals who would be chargeable to CGT on disposals of UK residential property interests if they were UK resident at the time of disposal.

CG73760 - Non-Resident Capital Gains Tax (NRCGT) – Disposals on or after 6 April 2015 to 5 April 2019: Individuals: Special rules, and computation

As you will be resident in the UK at the time of disposal, these rules do not apply. Your acquisition costs in 2010, should be used when calculating any capital gains liability.

Thank you.