HMRC Admin 19 Response

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.

Hi,

If you already need to complete a tax return, you will declare it on the 2024 to 2025 return.

Thank you

Hi,

You can include it with your turnover.

Thank you.

Hi Andre Eller Contarato,

You can see guidance here:

Remittance basis 2024 (HS264)

Thank you.

Hi,

That is correct. As it is paid into your account, you would include the other delivery driver's income as part of your turnover and then deduct it again as wages.

Thank you.

Hi,

You can see guidance here:

Tax and Employee Share Schemes

Thank you.

Hi,

If this is all for personal use, then no CGT will be due.

Thank you.

Hi,

Yes, this forms part of your personal savings allowances and should be declared as untaxed interest.

Thank you.