HMRC Admin 32 Response
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RE: Tax implications on dividends while temporary non-resident
Hi,
Please have a look at the guidance on non resident and UK investment income below regarding disregarded income.
HS300 Non-residents and investment income (2021)
UK-derived savings and investments, including UK dividends, do not qualify for split-year treatment.
The rules on disregarding these types of income from UK taxation will only apply if you are a non-UK resident shareholder for the entire tax year in which you receive the dividend income.
Thank you. -
RE: Flexible Cash ISA to Stocks and Shares ISA
Hi,
No, it can be different ones but it is the provider that will need to arrange the transfer.
Thank you. -
RE: Child benefit and tax year
Hi,
To allow us to amend the date your Child Benefit claim began, contact our Child Benefit department by webchat or post via:
Child Benefit: general enquiries
Thank you. -
RE: IRA tax treatment
Hi,
The internal running of the IRA is not taxable. It is only when lumpsums are taken out of the IRA or frequent sums at regular intervals are withdrawn, that there is a UK tax liability, if you are resident in the UK.
Thank You. -
RE: Tax credit for trust
Hi,
Please refer to the guidance notes on the correct boxes to complete as some of them automatically know that tax is deducted and it will show in the calculation.
Trusts etc. notes 2024
Thank you. -
RE: HMRC cheque for tax refund
Hi Pratiik We can reissue your cheque to your UK forwarding address. To allow us to do his, contact us by webchat or phone via:
Contact HMRC
Thank you. -
RE: Tax reporting for income including salaries, interest and capital gain/loss for students
Hi,
You are correct.
Thank you. -
RE: Averaging for creators of literary or artistic works
Hi,
You need to complete the full self employment page, you will probably need to select the turnover over £86,000 for this. For this to appear and look for the box.
Averaging adjustment, only for farmers, market gardeners and creators of literary or artistic works.
Thank you. -
RE: Adding Company Car Online
Hi,
You will need to check whether there is a tax treaty between your country of resident and the UK,as this will determine what is taxable.
You can find a list of tax treaties at:
Tax treaties
Where there is no tax treaty, the income is taxable in the UK, as it arises here, whether you are resident in the UK or not.
When you are in the UK and undertaking this work, then the income arising while in the UK is taxable in the UK.
Thank you. -
RE: Refund of Swiss dividend tax withholding
Hi,
Specify that you wish the vouchers returned with the stamed Swiss 86 form to ensure that they are.
Thank you.