HMRC Admin 32 Response
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RE: Form SA109 Box 13
Hi,
Yes, as no work has been undertaken.
Thank you. -
RE: Remittance Basis: Exemptions: Business investment relief
Hi,
Under the link you have given, the property income has to be a commercial trade in order to meet this. See also below for the definition of a trade.
BIM20060 - Meaning of trade: general: definition
If you are renting out a residential property then this is not a trade and does not qualify for BIR.
Thank you. -
RE: CGT on UK Treasury Bills
Hi,
UK Treasury Bills are not classified as gilts for taxation purposes. They are covered by the taxation rules which apply to deeply discounted securities. Any gains from UK Treasury Bills are taxed as income.
SAIM3010 provides background information on deeply discounted securities.
SAIM3010 - Deeply discounted securities
Thank you. -
RE: How to exchange my first job and second job.
Hi,
You will need to contact our Income Tax team if you wish to discuss how your Personal Allowance is allocated between the two jobs.
Income Tax: general enquiries
Thank you. -
RE: Money transfer
Hi,
There are no Income Tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends. These would then potentially be subject to tax.
Further guidance can be found here.
Tax on savings interest
Tax on dividends
Thank you.
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RE: help needed completing HS304 (self assessment and non-resident)
Hi,
Unfortunately, we cannot answer your query in this forum, as your questions are personal in nature. We can only provide general advice in this forum.
For more personal matters, you will need to contact our webchat colleagues, who will be able to view your records and answer the questions you have posed in this forum.
Self Assessment: general enquiries
Our telephone lines for self assessment will be open from 4 September 2023.
Thank you. -
RE: Foreign Stock Dividends
Hi,
You would declare these on he SA100, Page TR3 box 6.
Thank you. -
RE: Cant get access code by my phone
Hi,
If you don't have access to the number you would need to choose the option for unable to receive the code when it is being sent.
Thank you. -
RE: Incorrect Address under Personal Tax Account
Hi,
If the date is being rejected, you would either need to use a more recent date or contact us again by either telephone or in writing.
Income Tax: general enquiries
Thank you. -
RE: Cash a cheque
Hi,
You would need to write to us to nominate a person to receive a replacement who could cash a cheque, or make enquiries in your country as to how you can cash it.
Income Tax: general enquiries
Thank you.