HMRC Admin 19 Response

Hi,

If both were in the same tax year, then yes, include them together and use the date of the first one. The documents will be details of how you worked out your gain, so if the transaction details confiirm the purchase and disposal prices, then that is fine.

Thank you.

Hi Musab,

No, it does not.

Thank you.

Hi,

You can check if you need to file a return here:

Who must send a tax return

Thank you.

Hi,

1. Yes, only UK income.   
2. Anything outside of UK does not get declared. This includes income from the Republic of Ireland as this is not part of the UK, only Northern Ireland counts.

Thank you.

Hi Hannah909 Kaan,

You must submit HMRC tax returns but you can attach details of your trading as evidence.

You have to determine yourself if you class this as your main source of income to be taxed as Income Tax. If not, it will be capital gains.

Thank you.

Hi,

As stated, the payment for work done in Hong Kong is only taxable there. The rental income though, must be declared if you bring it to the UK.

Thank you.

Hi,

You can give a best guess estimate.

Thank you.

Hi,

Yes, that is correct.

Thank you.

Hi,

Not unless you receive income from the property or sell it then you will need to report this.

Thank you.

Hi,

You can only transfer £20000 to an ISA within the 90 days to avoid any CGT upon selling the shares. We cannot advise you on what to do with the remainder and you may therefore wish to speak to a financial adviser.

Thank you.