HMRC Admin 19 Response

Hi,

As you are claiming split year you do not need to declare it. You will need to ensure that the residence section of the return is completed to confirm this, and as you cannot file this online with HMRC software, you will need to purchase third party software .

Self Assessment commercial software suppliers

Thank you.

Hi,

A capital loss is normally only available against capital gains. You would need to clarify the type of income the loss originated from.

Thank you.

Hi,

Yes, they will be taxed on a receipts basis which means being taxed in the year they were paid.

Thank you.

Hi,

You need to allow 5 working days for it to show. The payment date will be the 30th, as this is the date you made the payment.

Thank you.

Hi,

HMRC cannot advise you on this as your residence is for you to determine based on the guidance availabe. If you still cannot determine it after reviewing this, you will need to contact a profesional adviser.

Thank you.

Hi,

How the account is funded is not the issue, as the interest is then generated in a foreign account. If this is then remitted to the UK, it needs to be declared.

Thank you.

Hi,

It is only the actual funds remitted that would be considered. The location of the agent is irrelevant.

Thank you.

Hi princekras,

There is no link to an example as eveyone would have diffrent details to report. You need to report the losses within 4 years of the year in which they arose in order for them to be allowable, so anything prior to 2018 to 2019 can no longer be considered.

If you have spreadhsheets of your figures you can send these as your figures with a covering letter asking for the details to be noted.

Thank you.

Hi,

As it it classed as a pension, this income would be declared to the UK if you are UK tax resident and domciled. You can see guidance here:

Tax on foreign income

Thank you.