HMRC Admin 19 Response

Hi Ben Halde,

You can see guidance here:

Paying tax on the remittance basis (Self Assessment helpsheet HS264)

Thank you.

Hi,

It will depend on the amount of surrender each year, as the income may bring you into the higher rate tax bracket. You can see guidance here:

Gains on UK life insurance policies (Self Assessment helpsheet HS320)

Thank you.

Hi,

They could be, depending on the value. You can see guidance here:

Tax and Employee Share Schemes

Thank you.

Hi,

You will only pay the higher rate tax on the income above the 40% rate band. You can see information here:

Income Tax rates and Personal Allowances

The remainder of the tax will be at 20%.

If you take the bonus in April as the 1st month of the tax year you would only have 1 month of your personal allowance to set against the pay for the month. This would mean more tax would be due at the higher rate but any tax overpaid would be refunded over the remainder of the tax year. 

Thank you.

Hi,

You can see the following guidance to check if you meet the criteria to file a return: 

Self Assessment tax returns

Thank you.

Hi,

Please refer to the guidance below to see if you met the criteria for the periods asked.

Self Assessment tax returns

Details of third party software providers can be seen here:

Self Assessment commercial software suppliers

Thank you.

Hi,

You can see guidance here:

Paying tax on the remittance basis (Self Assessment helpsheet HS264)

Bank statements would be allowable evidence.

Thank you.

Hi,

You may still be liable for capital gains as it has not been your primary residence for the whole period of ownership. You can see guidance here:

Private Residence Relief (Self Assessment helpsheet HS283)

Thank you.

Hi,

Yes, you can see guidance here:

Tax on foreign income

Thank you.

Hi,

Tax relief on pension contributions is only due in the year the payment is made and relates to the earnings received for that particular year. You can see guidance here:

Tax on your private pension contributions

Thank you.