HMRC Admin 32 Response

Hi,

Please refer to guidance at:

Cryptoassets Manual

Thank you.

Hi Ben,

Yes, it does.

Thank you.

Hi,

1. This only applies if the laws of the country stop you from transferring the money. if its a personal choice you still need to declare it.    
2. You dont include any capital that you transfer  
3. You can use any of the rates for the tax year

Thank you.

Hi,

Gilt strips held by individuals and other non-corporates are treated as deeply discounted securities, and profits or losses are taken into the income regime.

Please see SAIM3130:

SAIM3130 - Deeply discounted securities: strips of government securities

Thank you.

Hi,

The paid leave will be classed as payment for employment carried out in Hong Kong and under the terms of the double taxation treaty, it is only taxable in Hong Kong.

Thank you.

Hi Lexus2047,

As you have stated some of the interest is from Hong Kong, you need to complete a tax return.

Thank you.

Hi,

As she has only ever owned half the property then you will take half the sale price and purchase price as her share.

The loss of her husband does not affect her figures, however, this will have a bearing on the Captical Gains Tax due for the half that was left to his son and step children.

Thank you.

Hi,

No. As there is no tax due on the transfer you dont need to report the property disposal.

Thank you.

Hi Eiraghb1,

There is no tax on winnings from gambling in the UK.

Thank you.
 

Hi,

You are correct for all. Further guidance can be found at:

HS265 Offshore funds

IFM12300 - Offshore Funds: introduction: non-reporting funds

Thank you.