HMRC Admin 19 Response

Hi kennethho,

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.  

Hi,

You will be selling as the executor.

Thank you.

Hi,

The forms for 2023 to 2024 will not be available until after 6 April 2024 but the same principles will apply. As the additional 9 months is the only additional relief due, there is no other evidence required as nothing else would increase the Private Residence Relief.

Thank you.

Hi,

This letter will have been issued by a specialist team and you will therefore need to reply in writing. You will also need to contact the telpehone number provided for advice on how to complete the form.

Thank you.

Hi,

In each insurance year you can withdraw up to 5% of the premium paid into your policy without a gain happening in that year. An insurance year begins on the anniversary of the date of your policy was taken out and ends on the day before the anniversary in the next year, except in the final insurance year. The 5% takes into account regular pay outs or withdrawals.

If, for example, you do not make any withdrawals in an insurance year, the full amount of the 5% ‘annual allowance’ is carried forward. This means that in the second insurance year, if you have not made a withdrawal in the first insurance year, you can withdraw up to 10% of the premium paid without a gain happening in that second insurance year.

Thank you.

Hi,

You will need to contact our online services team who will be able to assist you with this.

Technical support with HMRC online services

Thank you.

Hi,

We are unable to offer advice on supply VAT paid to EU authorities. You will need to contactthe relevant foreign tax authorities for advice.

Thank you.

Hi,

Please contact our imports and exports team for advice.

Imports and exports: general enquiries

Thank you

Hi,

You can see guidance to locate appropriate codes here:

Appendix 1: DE 1/10: Requested and Previous Procedure Codes of the Customs Declaration Service (CDS)

Appendix 2: DE 1/11: Additional Procedure Codes of the Customs Declaration Service (CDS)

Thank you.
 

Hi,

You would need to contact our imports and exports team for advice.

Imports and exports: general enquiries

Thank you.