HMRC Admin 32 Response

Hi,

As no Foreign Tax has been paid, you will show this as UK self employed income.

Thank you.

Hi,

1. Please refer to guidance below as it is for you to determine the date and residence status.
   RDRM12000 - Residence: The SRT: Split year treatment
    
2. Please refer to:
   Self Assessment tax returns
    
3. Please refer to:
   Self Assessment tax returns

Thank you.

Hi,

Your previous employment should have sent the details to HMRC to show that you have started and left the job. If you contact our Income Tax team, we can check.

Income Tax: general enquiries

Thank you.

Hi,

When  completing the actual partnership return, if your turnover is less than £85000 you will complete boxes 3.24-3.26 to show income less expenses. If higher than £85000 you need to complete boxes 3.27-3.73 to give the breakdown of expenses. You woill then need to adjust the profit split for each partner to then have this figure on your own tax return.

Thank you.

Hi,

Please see:

PIM2005 - Deductions: general rules

As it is your personal choice to rent a safety deposit box to keep the title deeds then this is not regarded as an expense which is wholly and exclusively for business purposes and is therefore not an allowable expense.

Thank you.

Hi,

You can contact our Self Assessment team using the below link.

Self Assessment: general enquiries

Thank you.

Hi,

Please refer to guidance at:

Capital allowances when you sell an asset

Thank you.

Hi,

On the basis of the info provided, 2022/23 would be regarded as a 'split year' for tax purposes, and you would only have to declare the income received from the date you became resident in the UK. Being in receipt of Self-employed income is one of the criteria for Self Assessment , so you should register for Self Assessment as a sole trader and complete a 2023 return.                                  
Check if you need to send a Self Assessment tax return                                                        

RDRM12030 - Residence: The SRT: Split year treatment: When will split year treatment apply

Thank you.

Hi,

We would need to view your Self Assessment calculation to check why a balance due is shown.

Self Assessment: general enquiries

Thank you.

Hi,

If you have given the pension co the enhanced confirmation information then they should take this into account when makeing the tax free lump sum payment and advice HMRC accordigly.

Thank you.