HMRC Admin 32 Response
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RE: Which personal allowance do I claim?
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RE: Capital Gains Tax and Inheritance Tax on gifting real estate located outside the UK...
Hi,
Please refer to:
How Inheritance Tax works: thresholds, rules and allowances
You can also contact our Inheritance Tax team below.
Inheritance Tax: general enquiries
For CGT, if you dispose of a property that is not your only or main residence then you will be liable for tax on any gain made.
Capital Gains Tax: what you pay it on, rates and allowances
Thank you. -
RE: Exchange rate on foreign income
Hi,
You can use whichever is more beneficial.
Thank you. -
RE: About stamp duty by joint tenancy for overseas property
Hi,
Please refer to:
Stamp Duty Land Tax
Any IHT would only be considered upon UK assets.
Thank you. -
RE: Italy-UK tax query
Hi,
She will pay tax in the country she is classed as tax resident. You would need to check with the Italian authorities for the different visa application.
Thank you. -
RE: Living in Spain and working remotely for UK based company
Hi,
You should complete the form P85 (provided you do not need to submit a tax return) at:
Get your Income Tax right if you're leaving the UK (P85)
In the form, you declare that you will continue to be employed by a UK employer. We can then provide them with a NT tax code, so that they do not deduct tax (they will continue to deduct NIC). You will instead pay tax on your employment income in Spain.
Thank you. -
RE: UK Tax on Indian Employee Provident Fund (EPF)
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RE: Declaration of Income from discretionary trusts based in UK whilst abroad.
Hi,
You would need to check with the Finnish tax authorities.
Thank you. -
RE: Moved overseas for work - split year tax treatment
Hi,
If you qualify for split year then you only report any foreign income for the UK part of the year.
Thank you. -
RE: Taxation on Life Insurance Surrender
Hi,
No, you do not declare.
Thank you.