HMRC Admin 32

Hi,

The fees charged by the stockbroker for buying and selling shares on your behalf, is an allowable expense. Any costs incurred in obtaining access to the online platform are not allowable, as they are not incurred in the buying and selling of shares.

Thank you.

Hi,

If you contact our Self Assessment team, we can confirm the amendment and update your tax code.

Self Assessment: general enquiries

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Hi,

If selling before 5 April 2023, you need to report this by 31 December 2023 if using the real time system. If filing a tax return if will be 31 January 2024.

See guidance here.

Report and pay your Capital Gains Tax

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Hi,

As you are no longer resident in the UK, they are not taxable in the UK. You would need to contact the Spanish tax authorities or seek the advice of a financial adviser.

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Hi,

That is correct.

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Hi,

Self Assessment can be accessed through the Business Tax Account and the Personal Tax Account.

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Hi,

You will need to wait for the system to upload the return to HMRC and then you will be able to pay using your online account.

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Hi,

It will be each financial year.

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Hi,

In example 2, it is the fact the the 5 year bond can be accessed at any time, which means that the interest is taxable in the year it arises, even if the individual does not access the bond until maturity.  If the bond could not be accessed until full maturity, the interest would only be taxable when it becomes accessable.

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Hi,

After logging in, if there is an option to state you can't receive the code you can go through security questions to reset how you get the access code.

If you do not see this you will need to contact Online Services again.

HMRC services: sign in or register

Thank you.