HMRC Admin 19 Response

Hi,

If you disposed of a property for less than or equal to the cost it was acquired, there is no gain and no requirement to report it using the private property disposal capital gains service (PPDCGT). However, if you have to complete a tax return for any other reason and the disposal value exceeds £50000, then you must declare the disposal in your tax return. You can see relevant boxes at section 1 of SA108 here:

Capital Gains summary (2024)

You will need to complete boxes 3 to 8. as appropriate. These boxes are on the online return in the capital gains section under residential property.

Thank you.

Hi,

We are not aware of any issues with the calculator.

Thank you.

Hi,

You can see guidance here:

CG53702 - Qualifying corporate bonds: general definition

If a security is not a qualifying corporate bond, then it is treated in the same way as any other asset to which the Taxation of Chargeable Gains Act would apply.

Thank you.

Hi,

It would show on your online accunt if a tax return is due for the last tax year, 2023 to 2024. You can check if you meet the criteria for Self Assessment here:

Check if you need to send a Self Assessment tax return

You can also contact HMRC to check if a return is due.

Self Assessment: general enquiries

Thank you.

Hi,

You are only able to claim for tax that you have overpaid. If you complete Self Assessment tax returns, you can only amend the in date tax years. Where it is too late to amend your tax returns, you can submit an overpayment relief claim in writing, following the guidance here:

SACM12150 - Overpayment relief: Form of claims

You may be due a repayment of tax in the tax year you leave the UK. If a tax return has not been issued, you can submit form P85:

Get your Income Tax right if you're leaving the UK (P85)

Thank you.

Hi,

In answer to your questions:

1. Yes.
2. Leave the box blank.
3. Yes, please use the date you are completing the form.
4. H.M. Revenue and Customs, Self Assessment, BX9 1AS.
5. Please enter your current private address.

Thank you.

Hi,

We cannot comment on your maternity allowance as this is not a tax matter.  

If your net profit is £6725 or above, then you are required to pay class 2 National Insurance contributions of £3.45 per week, £179.40 per year.

Thank you.

Hi,

You would not be taxed in the UK.  

As for Spain, this is something you would need to take up with the Spanish tax authorities. We cannot privide advice on the legislation of foreign countries.

Thank you.

Hi,

You can apply for a letter of confirmation of residence here:

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

These letters are issued where there is no foreign income, but there is a tax implication. You can submit a request covering from the date you arrived in the UK to the date you submit the request. Do no ask for a date in the future, as HMRC cannot predict what will be the case in the future.  

If split year treatment applies, then you do not include your Greek earnings in the tax return, as they are only taxable in Greece.

Thank you.

Hi,

If you were resident in Hong Kong in the period that you undertook this employment, then it is only taxable in Hong Kong, so you would not declare it as income in a Self Assessment tax return. You could, in the interests of full disclosure, mention it in box 19, the free hand box on page 7 of SA100.

Thank you..