HMRC Admin 19 Response
-
RE: Company Car through Salary Sacrifice
Hi,
Your employer will notify HMRC of the company car benefit. Once the benefit has started, if you want to check your record you can contact our Income Tax team.
Income Tax: general enquiries
Thank you. -
RE: Business mileage from home to various sites
Hi Ymaa123 Ama,
As we would need to know more details to review you will need to contact our Income Tax team:
Income Tax: general enquiries
Thank you. -
RE: CGT on sale of property
Hi,
You can see guidance here:
CG64485 - Private residence relief: only or main residence: two or more residences: right of nomination
Thank you. -
RE: non qrops transfer to UK pension
-
RE: Car allowance to company car
Hi,
If you are using your own car for business, the mileage rates can be found here:
Travel — mileage and fuel rates and allowances
Thank you. -
RE: Cash gift from parents outside UK
Hi Carlos Fernandes,
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. -
RE; First payment on account for 2023-24
Hi,
When you submit your 2023 to 2024 Self Assessment return you will received a calculation showing the payments on account becoming due 31 January 2025 and 31 July 2025. Once the retun has been filed any previous payments made will be taken into account on your statement and deducted from any payments becoming due.
Thank you. -
RE: Question about opening ISAs
Hi,
There are 4 different types of ISAs, cash ISA, stocks and shares ISA, innovative finance ISA and the lifetime ISA. You were always able to open up to one of each in a tax year, except for a lifetime ISA, so you could for example, open a cash ISA and a lifetime ISA in the same tax year. You can see guidance here:
Individual Savings Accounts (ISAs)
A new UK ISA with its own allowance of £5000 came into effect from 6 April 2024. This is separate from the £20000 existing allowance.
Thank you. -
RE: Why am I being asked for interest for tax?
Hi,
As we would need to access your record to check why interest has been charged you will need to contact our Self Assessment team.
Self Assessment: general enquiries
Thank you. -
RE: Insurance on Crypto Tax for Non-Resident Foreigner Investing in Crypto via UK Company
Hi,
This may be a charge imposed by the bank rather than HMRC.
Thank you.