HMRC Admin 19 Response
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RE: Child benefit- what type of pension is deductable
Hi Faiz123 Rehman,
If your pension contributions are deducted from your gross pay before tax is calculated, then relief has already been given and would not be deducted again for adjusted net income. If the pension contributions are from your net wage then you would deduct them to calculate your adjusted net income.
Thank you.
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RE: Income Tax on Fixed Rate Bonds
Hi,
The financial institution will have to follow the guidelines laid out in legislation. They will be required to report this information to HMRC. HMRC will accept the information they have provided.
If you are in dispute on the information they have provided, you will need to take this up with the finacial institution and if they have made an error, amend the information provided to us.
Thank you. -
RE: Prior year losses (SEIS shares) offsetting property CG
Hi,
A SEIS loss can be offset against income or capital gains, at the choice of the individual. You can only set the loss against income in the tax year that the loss arises or the previous tax year. You can carry forward the loss and set it against future capital gains. Losses from other assets, can be set against residential property gains and vice versa.
You have 4 years from the end of the tax year the loss arises to report the loss to HMRC. If you complete a tax return, you would declare the loss in that and include supporting evidence, or if it is too late to amend your return or you do not need to complete one, you would claim losses in writing and provide supporting evidence of your claim. The address to write to is:
H.M. Revenue and Customs
BX9 1AS
Thank you. -
RE: Cash gift from abroad
Hi Sandy Mo,
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. You can see further guidance here:
Tax on savings interest
Tax on dividends
Thank you. -
RE: Certificate of Residence for tax purposes
Hi Zoltan Illes,
We do not issue correspondence by email.
If you have not received anything after a month, please contact our Self Assesment and we can arrange to issue a duplicate or provide an update.
Self Assessment: general enquiries
Thank you. -
RE: Self Assessment refund delays
Hi Bayramgeldi Gurbanov,
You can write and send your appeal by post to:
Self Assessment,
HM Revenue and Customs,
BX9 1AS,
United Kingdom.
Alternatively, you can contact our Self Assessment team.
Self Assessment: general enquiries
Thank you. -
RE: Retrieving Nation Insurance no.
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RE: CF83 status COMPLETED - What next?
Hi,
Your personal tax account (PTA) will always show shortfalls of National Insurance contributions at the voluntary class 3 rate. As you have a letter from our International Team to allow you to pay voluntary class 2 contributions then please work off this rather than the PTA.
Thank you. -
RE: CF83 Questions
Hi,
We can confirm that you will not be penalised for any delay that you experience in receiving a reply from us. Your query will be in our system which will have the date that we received it and we would always allow individuals to pay voluntary contributions at the rates in force when we received their queries.
Thank you.
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RE: Living Abroad - paying Class 3 years for time when living in UK (missed because of university)
Hi,
You were right in using the reference number that you did. If your payment is not recorded on your personal tax account (PTA) then you will need to contact our National Insurance team and they will be able to arrange for your payment to be allocated to your National Insurance account.
National Insurance: general enquiries
Thank you.