HMRC Admin 32 Response

Hi gelocabatay,

You can work as many jobs as you wish. Once you have been paid by the new job, you can decide if you want your full allowance set against one job or want to split it between them.

Thank you.

Hi,

The business income manual covers itinerant workers and the travel costs to and between sites, but places qualitive limits on the distance that an itinerant taxpayer could live from the locatation at which they normally carry on their trade, for the cost to be allowable.  

You would need to read the section of the court ruling, which can be found at:

BIM37620 - Wholly and exclusively: duality of, or non-trade, purpose: travel costs: to and between sites

Thank you.

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.

Hi,

If you qualify for split year then you only report any foreign income for the UK part of the year.

RDRM12000 - Residence: The SRT: Split year treatment

If you do not qualify then you will need to report all your foreign income to the UK.

Tax on foreign income

The guidance at RDRM12150 at GOV.UK will help you work out if split year treatment applies. 

Thank you.

Hi,

Unfortunately we do not have a timescale for this.

Thank you.

Hi,

HMRC should receive the P45 information electronically from your previous employer. In order to update your tax code, you will need to contact us after you have received your first pay to allow us to amend the code.

Income Tax: general enquiries

Thank you.

Hi sukenik,

You will need to contact our Income Tax team regarding this.

Income Tax: general enquiries

Thank you.

Hi,

As the pension pot is held in the Isle of Man, we need to review the double taxation agreement with the UK and the Isle of Man. 

Isle of Man: tax treaties

Article 17 covers pensions and advises that pensions and lump sums paid to a resident of the UK, shall only be taxable in the UK. You will need to submit a request for a certificate of residence.

How to apply for a certificate of residence to claim tax relief abroad

You will need to include details of the pension lump sum, including a gross amount. HMRC will send you a certificate of residence, which you should send to the Isle of Man tax authorites, to claim repayment of any tax deducted from the lump sum.

Thank you.

Hi Rafael,

The 7 year rule is for inheritance tax reasons as the gift would be included in part of the estate if the gift was over £3000 and was received within 7 years of the gifter passing away. This is for UK inheritance. You dont declare it as income for yourself unless it generates any interest or dividends.

Thank you.

Hi Jay,

That is correct - see guidance at:

Selling online and paying taxes - information sheet

Thank you.