HMRC Admin 19 Response
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RE: Basis period reform and change of accounting date
Hi Sarah Wilson,
As you are having to change your dates to meet the new legislation and have confirmed that you do have transition profits you will need to go back to your software provider and refer them to the links provided.
Thank you. -
RE: Self assessment required?
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RE: Student Loans & Balancing Payments
Hi
Payments on account are advance payments towards your tax bill. Student loans are not tax, so are not part of of the payment on account process. You can see guidance here:
Understand your Self Assessment tax bill
For student loans to be collected through Self Assessment, they will be part of the balancing payment, but not the payments on account.
Thank you. -
RE: Transferring personal money to UK
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RE: Overseas shares sale
Hi,
You will need to declare the gain. You can see guidance here:
Remittance basis 2024 (HS264)
Thank you. -
RE: Flexible ISAs - Using different providers in the same tax year
Hi,
We can only provide general advice and guidance on this forum.
As per the following guidance you need to have the provider do the transfer:
Transferring your ISA
Thank you. -
RE: Tax return
Hi,
You can contact our Self Assessment team for this to be updated.
Self Assessment: general enquiries
Thank you. -
RE: Share identification rules if transfering to spouse and selling on the same day
Hi,
Due to the detailed nature of your query, you will need to contact our Self Assessment team for advice.
Self Assessment: general enquiries
You can also see guidance on disposals under bed and breakfasting as well as disposals between husband and wife here:
Shares and Capital Gains Tax (Self Assessment helpsheet HS284)
Capital Gains Tax, civil partners and spouses (Self Assessment helpsheet HS281)
Further guidance can be found in our Capital Gains manual here:
CG22200P - Capital Gains manual: individuals: transfer of assets between spouses or between civil partners: transfers between spouses or between civil partners who are living together
CG13350P - Capital Gains manual: introduction and computation: occasions of charge: bed and breakfasting: contents
Thank you. -
RE: First payment on account for 2024-25
Hi,
That is correct.
Thank you. -
RE: Property sold
Hi,
If it is a UK property that has been sold whilst you were non resident then, yes, You can see guidance here:
Report and pay your Capital Gains Tax
Thank you.