HMRC Admin 19 Response

Hi,

When you submit your Self Assessment tax return, if the balance due is over £1000, and less than 80% of your tax is deducted at source, then payments on account are introduced towards the next tax year's balance. You can see guidance here:

Understand your Self Assessment tax bill

Thank you.

Hi,

Foreign Tax Credit Relief is only due if UK tax is due on the same source. In order to claim this, you will need to complete a tax return and declare foreign income.

Thank you.

Hi,

Your self employment work would qualify for the remittance basis. If you claim the remittance basis, then you are declaring all of your UK income and any foreign income brought into the UK, remitted. If you bring the money into the UK in a future tax year, it will be taxable in that future tax year. For more information on the remittance basis, please have a look at section 9 of RDR1 here:

Residence, domicile and the remittance basis: RDR1 

Changes to the remittance basis come into effect from 6 April 2025.

Thank you.
 

Hi,

You can see guidance here:

HS281 Capital Gains Tax civil partners and spouses (2024)

It advises that "transfers of assets between you or your spouse or civil partner in accordance with a formal divorce or separation agreement or court order will be at no gain or loss without any time limit".

Thank you.

Hi,

Untaxed interest from the banks and building societies are sent to HMRC after the tax year end.

For the stock interest from the gilts, if you submit the details in a letter we can review this for you. The address is:

Pay As You Earn and Self Assessment,
HM Revenue and Customs,
BX9 1AS UK.

Thank you.

Hi,

Income Tax may be payable by the estate on interest arising after the date of death of the deceased. This is separate to the value of the estate, which is used in calculating Inheritance Tax.

Thank you.

Hi,

When you commence receipt of a UK private pension, the pension provider should add you to their payroll and in turn notify HMRC that you commenced your pension with them. By the time we receive the validated double taxation individual form, your pension details should be on your tax record.  

The pension provider deducts tax and sends it to HMRC, along with tax for other peoples pensions. This information will only be available from your pension provider, until they submit it to HMRC.

Thank you.

Hi yick,

As you were employed by the Hong Kong government, your employment income is not taxable in the UK, unless you are a UK national and you were working for the Hong Kong government while resident in the UK.  

If your employment income is only taxable in Hong Kong, you do not need to declare in the UK. You can see article 18 of the UK/Hong Kong double taxation agreement here:

2010 Hong Kong-UK DTA

Thank you.

Hi,

If the correction to your date of birth is still not present on your record, you will need to contact our Income Tax team to pursue.

Income Tax: general enquiries

Thank you.

Hi,

A non UK resident person is taxable on savings and investment income in the UK, however, there are limits on their tax liability on savings and investment income. You can see guidance on 'disregarded income' here:

SAIM1170 - Savings and investment income: non-residents

When your UK savings and investment income, exceeds £10000, you will be required to report it in a Self Assessment tax return.

Thank you.