HMRC Admin 19 Response

Hi,

It would be £1600 contribution as it has been grossed up to £2000.

Thank you.

Hi,

Self Assessment does not provide an official exchange rate, so the onus is on you to use a just and reasonable exchange rate. This means that we cannot give a decisive answer for questions 1 and 2.

The deadline for registering for Self Assessment for the 2023 to 2024 tax year is 5 October 2024. Penalties may be imposed after that date.

You will need to review the tax treaty between the UK and the country where the income arises. If the treaty allows the other country to deduct tax, you can claim a foreign tax credit on your UK tax return. If the treaty confirms the other country cannot deduct tax, you will need to request a certificate of residence and send this to the relevant country.

How to apply for a certificate of residence to claim tax relief abroad

Foreign employment income is declared on SA102 supplementary page and if foreign tax is payable, then you declare this on SA106, so that you can claim a foreign tax credit.  

If you are resident in the UK and undertaking remote employment outside of the UK, you will be limited to employee expenses premitted in the UK. You can see guidance here: 

Claim tax relief for your job expenses

Thank you.

Hi,

Unfortunately, HMRC cannot comment on this specific deduction from pay as a full understanding of the specific arrangements is necessary to determine what is considered pay for National Minimum Wage purposes.

Where a Salary Sacrifice scheme is considered, understanding all contracts and agreements in place are imperative as guidance could differ based on different scenarios. A worker cannot agree to a deduction that would reduce their pay for minimum wage purposes below the rate of minimum wage. 

However, your employer is responsible for ensuring you are paid at least the National Minimum Wage for all time worked and in order to do so they must put procedures in place to ensure this is maintained.

Your employer appears to consider this deduction to be reducing your pay for National Minimum Wage purposes and so you may benefit by speaking to them directly to understand their position.

Alternatively, if you require further assistance, please consider seeking independent advice, such as, by contacting the Advisory, Conciliation and Arbitration Service (ACAS), or an independent legal advisor.

Thank you.
 

Hi,

That's correct, though the figure of tax paid may differ slightly depending on other factors, such as adjustments to your code, other sources of income and so on.

Thank you.

Hi I Ahmet,

So we can review your record and confirm if your 2022 to 2023 return has been cancelled, and give more advice on any penalties outstanding please contact our Self Assessment team. We would also be able to confirm if the £500 quoted was collected through your 2023 to 2024 tax code, and update the rest of your record accordingly.

Self Assessment: general enquiries

Thank you.

Hi,

No, you do not declare these. You can see further guidance here:

BIM20255 - Meaning of trade: badges of trade: assets acquired for personal enjoyment

Thank you.

Hi,

The car must be owned by you to qualify.

Thank you.

Hi,

No, the property disposal return is only for UK residential property. However, there is a section within the form for in year losses that can be used to reduce any Capital Gains Tax due before the submission of the 2023 to 2024 tax return.

Thank you.

Hi Jane Craig-Tyler,

If you are a resident in a care home, the final 36 months of ownership may qualify for Private Residence Relief if you do not have any other relevant right in relation to a private residence. You can see guidance below as this will affect any potential capital gains due:

HS283 Private Residence Relief (2023)

Thank you.

Hi,

HMRC cannot comment on future events as legislation, and, or plans may change. However, your query appears to relate to tax in Hong Kong and you would therefore need to contact the tax officials there.

Thank you.