HMRC Admin 32 Response
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RE: Paid Voluntary NI contributions - How long is updating of the online NI records taking?
Hi Robin Gillies,
Your payment can be allocated during a phone call if the correct amount has been paid. If the amount you paid was not correct, details will need to be referred to a caseworker to allocate and current timescales show that this may take 23 weeks.
You can contact our National Insurance team on 0300 200 3500 and ask for your payment to be allocated, however please note that our lines are extremely busy at present.
Thank you.
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RE: State Pension Contributions Living Abroad
Hi Orchard Exile,
Your CF83 application will be honoured from the date it was received by HMRC. So, if it was received prior to 05 April 2023 and you have ticked the box to request a shortfall of National Insurance contribution for previous years, tax years 2006-2007 to 2016-2017 will still be quoted on your shortfall (if you are eligible to pay them) regardless of when it is processed by HMRC.
There is nowhere on the form for you to state which shortfall years you want to pay as HMRC would quote all years that are available for you to pay, then you would contact the Pension Service to confirm if paying for any of the years quoted will increase your pension. This information will be sent to you once your application is processed.
Thank you.
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RE: Tax on interest on long term fixed rate bond
Hi Tommy Leung,
The interest would become taxable in the tax year in which you close the account, whether that is at the end of the term or part way through the term.
Thank you. -
RE: Tax on German pension
Hi,
If this is a German state pension, it is only liable in Germany and doesnt need to be declared in the UK. If a private pension, you need to declare the amount in sterling and it will be taxed at the highest rate of tax you are liable to.
Thank you. -
RE: P85 for past years
Hi,
As the 2019 to 2020 year will have already been reviewed and any potential repayment settled, a P85 is not needed. You can however, let us know your new address (if not already noted) to keep your record updated.
Thank you. -
RE: Tax on interest on long term fixed rate bond
Hi,
You cannot opt for one choice or the other. If the terms and conditions of the bond did not allow access until maturity, the interest would arise and be taxed at that point. You are therefore bound by the conditions of the account.
Thank you. -
RE: SA102 - foreign income from a job
Hi,
If not claiming any Foreign Tax Credit Relief then just put details in the additional information section to confirm that the employment declared on SA102 is a foreign employer.
Thank you. -
RE: SA102 - foreign income from a job
Hi,
In the SA102, you would show the actual pay and tax as shown on your P60. The element of the pay that is not taxable in the UK, would then be showns on SA101,
Self Assessment: additional information (SA101)
Page Ai2 in box 12 " Foreign earnings not taxable in the UK". For online tax returns, you would select Other tax reliefs and deductions, when tailoring your return and enter the amount of income not taxable in the UK. This entry will give a credit in the tax calculation, for the income not taxable in the UK.
Thank you. -
RE: Overseas Remote employee for a UK based employer
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RE: Gift tax for cash gift from overseas
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
How the money is transferred is between you and your family.
Thank you.