HMRC Admin 19 Response

Hi,

Please contact the Inheritance Tax team for advice.

Inheritance Tax: general enquiries

Thank you.

Hi,

Please contact the Inheritance Tax team for advice.

Inheritance Tax: general enquiries

Thank you.

Hi,

Please contact the Inheritance Tax team for advice.

Inheritance Tax: general enquiries

Thank you.

Hi,

Please contact the Inheritance Tax team for advice.

Inheritance Tax: general enquiries

Thank you.

Hi,

It depends on the amount, please refer to the following guidance:

Remittance basis changes

Remittance basis 2024 (HS264)

Thank you.

Hi,

The capital loss would be recorded under the capital gains section of the return.

Thank you.

Hi,

Yes, that is correct.

Thank you.

Hi,

There are no Income Tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends. These would then potentially be subject to tax. Further guidance can be found here:

Tax on savings interest

Tax on dividends

Thank you.   

Hi,

You can see guidance here:

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

If you qualify, once we receive the appliction, the appropriate certificate will be issued.

Thank you.

Hi gilkelly,

As you are the legal owner, it is you who is liable. There would need to be a declaration of trust in place to show that you are not the beneficial owner in order for any income/tax to be split.

Thank you.