HMRC Admin 19 Response
-
RE: Opening new flexible Cash ISA
Hi,
Yes, you can, but the total deposit accross all the accounts in any one tax year cannot exceed £20,000.
Thank you. -
RE: CGT Refund process
Hi,
You will need to contact our Self Assessment team for this to be arranged.
Self Assessment: general enquiries
Thank you. -
RE: Gift money from India
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 Income Tax. You can see further guidance here:
Tax on savings interest
Tax on dividends
Thank you. -
RE: Reporting savings interest
-
RE: Gilts and accrued interests
-
RE: Self Assessment for Private Pension
Hi,
Paying into a private pension is not criteria for Self Assessment. You can see information here:
Check if you need to send a Self Assessment tax return
If you contact our Income Tax team we can review this for you.
Income Tax: general enquiries
Thank you. -
RE: How to work out percentage
Hi,
Yes, this would suffice.
Thank you. -
RE: UK Banks interest income before become tax resident while split year treatment applied
Hi,
As it is a UK bank account, yes, as you need to declare all UK income.
Thank you. -
RE: Bank Rebate
Hi,
It depends if it was a reward rather than a refund. You can see guidance here:
SAIM8020 - Annual payments: meaning of annual payment
Thank you. -
RE: CGT Loss on Foreign Property
Hi,
You are correct.
Thank you.