HMRC Admin 32 Response
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RE: Declaring inheritance
Hi,
No. This is an inheritance that you dont need to declare.
Thank you. -
RE: HMRC not answering phones, 3rd day and cannot get through to speak on their help line
Hi,
We are sorry if you are having issues getting through. All our contact mehods are listed here:
Income Tax: general enquiries
Thank you. -
RE: Gift tax for cash gift from overseas
Hi Barak,
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. -
RE: Tax on interest on long term fixed rate bond
Hi rl11,
The legislation is at:
Taxes Management Act 1970
Taxation of the interest is described in link below and in particular 'If an individual is unable to withdraw or have access to the interest when it is credited to their account, or has a specific product such as a bond, the interest will not arise and therefore they will not be taxable until they have access to the interest.' if this applies to you then the interest should be declared when you can access it(maturity).
SAIM2400 - Interest: taxation of interest: the tax charge
Thank you. -
RE: Money transfer
Hi Pronin,
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. -
RE: Applying Digital Nomad Scheme but still PAYE employee
Hi,
A social security certificate may be something that can be obtained from the Contributions Agency
Phone: 0300 200 3500.
Text Relay: 18001 0300 200 3500 (Text Relay).
Overseas: +44 191 203 7010.
Open Monday to Friday: 8am to 6pm. Closed on Saturdays, Sundays and Bank Holidays.
It is not a tax certificate, so not something we could issue.
If you are leaving the UK, you should submit a P85
Get your Income Tax right if you're leaving the UK
Thank you. -
RE: Income from foreign NRE account
Hi,
We would suggest contacting the bank in India, to see if they can give you details of any interest etc for the disclosure.
If your records are not complete, estimate as accurately as you can any income or expenses that you do not hold a record of. Keep copies of your calculations as we may ask to see how you have worked these out.
If you are getting close to the 90 day limit, you could write to HMRC seeking an extension.
Make a disclosure using the Worldwide Disclosure Facility
Thank you. -
RE: Am I eligible for the Marriage Allowance?
Hi,
You will be able to make a claim for Marriage Allowance.
Thank you. -
RE: State Pension and Self Assessment
Hi Gary Coombs,
That is correct the entitlement figure is used rather than the actual amount received during the tax year.
Thank you. -
RE: Transfer of Swiss Pension
Hi,
For free and impartial advice about the possible complications /implications of transferring your Swiss pension pot to a UK pension provider, HMRC recommends that you contact MoneyHelper.
Transferring your pension
Money Helper: Moving a UK pension overseas or moving an overseas pension to the UK
Thank you.