HMRC Admin 19

Hi,

On the basis of the information you have provided, you are eligible for full Private Residence Relief , there will be no capital gain and you will not have to report the transaction in a Self Assessment tax return.                                              

You can see information here:

HS283 Private Residence Relief (2021)

Thank you.

Hi,

If the entirety of your SLC postgraduate loan has now been paid off, you can indeed answer 'No' to the question. You may wish to add an explanatory note in the 'Any Other Information' box in the main section of your tax return.

Thank you.

Hi,

You can see guidance here:

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

Get your document legalised

Verify an Apostille

Thank you.

Hi,

You can see guidance here:

Register for Self Assessment

Thank you

Hi,

Your understanding is correct.

If you have any further questions please contact the HMRC helpline on 0300 200 3300, 08.00 to 18:00 Monday to Friday.

Thank you.

Hi.

Unfortunately the return will need to be submitted theough MTD now you have signed up. If you have any problems please contact your software provider.

Thank you.

Hi,

WeI would expect those figures to be rounded down.

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Hi,

Please note that cash gifts from overseas are non taxable. You may however have to declare any interest that arises when you deposit the money in  a UK bank account. You can see more information here:                           

Tax on savings interest

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Hi,

It is assumed that you are currently tax resident in the UK. If your annual rental income is in excess of the £1000 property allowance, you may wish to consider claiming the remittance basis. If your total unremitted foreign income is less than £2000, the remittance basis is automatically applied, and no further action is required. 

If your total unremitted foreign income is in excess of £2000, and you decide to claim the remittance basis, you would have to register for Self Assessment (SA) and claim the remittance basis in your SA tax return. You can see information here: 

PIM4410 - Property allowance: contents: overview                                      

Remittance basis 2021 (HS264)

Thank you.

Hi,

It would depend on the tax code that the employer used at the time, however you would not be higher rate when we review the full tax year. We would issue a P800 tax calculation once we review the year.

Thank you.