HMRC Admin 19 Response

Hi,

If your letter has been returned, we may need more detail to confirm where to send your response. Please contact our Income Tax team to allow us to advise you further.

Income Tax: general enquiries

Thank you.

Hi,

If you dispose of the shares immediately upon vesting, there is no capital gains element. If you hold on to the shares, then Capital Gains Tax may be payable. It is up to you if you want to pool all shares of the same type from the same company into a S104 holding. You can see guidance here:

HS284 Shares and Capital Gains Tax (2024)

Thank you.

Hi,

No, the capital gain is the disposal value minus the acquisition costs. How the asset was paid for is not a factor in calculating capital gains. You can see the guidance below  which includes a calculator and links to reporting and paying capital gains tax within 60 days of the completion date.

Capital Gains Tax

Thank you.

Hi,

We can only provide general advice in this forum and provide guidance to help you make an informed decision. If the guidance does not answer your query, you will need to discuss it with your ISA provider or consider seeking professional advice.

Thank you.

Hi,

The more ties to the UK that you have, the fewer days you can remain in the UK and continue to be not tax resident. If you only have one tie, then you are limited to a maximum 120 days in the UK. If you stay any longer and you become tax resident.

You can see the guidance thst explains those ties here:  

RDRM11510 - Residence: The SRT: The ties test: Introduction

Your husband would need to look at this based on his own circumstances.

We cannot provide financial advice, you would need to seek professional advice.

Thank you.   

Hi,

Unfortunately, your only options from abroad are to write to us at:

H.M. Revenue and Customs,
Self Assessment,
BX9 1AS

Or contact our Self Assesssment team either by phone or webchat.

Self Assessment: general enquiries

Thank you

Hi jellycatfan,

If you work abroad as a crown servant, you pay Income Tax and National Insurance in the UK on income from your job for the crown as if you live in the UK. The rules apply regardless of your UK residency status for tax, no matter how long you are abroad, where you work or how settled you are. You can see guidance here:

Tax for crown servants, EU employees and volunteer workers abroad

Thank you.

Hi,

There is no procedure to claim back the reduced rate of VAT charged.

If the property has been empty for 2 years or more and a contractor completes renovation work for you then they would automatically charge 5% on the work, both for the materials and the labour. However, if you have completed the work yourself and have purchased materials yourself, then unfortunately there is no claim procedure for this.

There would only be a claim procedure if the house had not been lived in for 10 or more years. You can see guidance here:

Claim a VAT refund for a conversion if you're a DIY housebuilder

Reduced rating the renovation or alteration of empty residential premises

Thank you.
 

Hi,

We are sorry this has happened to you. Please contact our VAT team so we can take the details of the business you are receiving the correspondance for and resolve this for you.

VAT: general enquiries

Thank you.

Hi,

The £50000 refers to completing a tax return. As a non resident you need to report the sale of UK property no matter what.

As it is jointly owned, all income and expenses will be split 50/50. You can see guidance here:

Report and pay your Capital Gains Tax

Thank you.