HMRC Admin 19 Response
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RE: Welcome share from referred scheme
Hi,- No, you should not.
- You will need to check the market value price at the date it was transferred to you.
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RE: Reinvested dividends - income or capital gain?
Hi,
It will be when you sell the shares.
Thank you. -
RE: Self assessment amendment payment
Hi,
If your amendment is not processed by the end of January and late payment fines are applied when the update is complete, you can appeal these penalties. You can see more information here: Appeal a Self Assessment penalty for late filing or late payment
Thank you. -
RE: Dual Taxation Treaty with UAE (Dubai) and UK Pension
Hi,
Yes, you can send a copy with your claim.
Thank you. -
RE: Capital gains summary (SA108) Asset type
Hi,
As long as they are not declared in any of the property sections, to ensure the correct rate of tax is applied.
Thank you. -
RE: Exceeded ISA Allowance (24/25)
Hi,
Our savings team will contact you after the year end as any interest earned over the limit will not qualify for the ISA restrictions.
Thank you. -
RE: UK-HK Tax Treaty
Hi,
That is correct for both.
Thank you. -
RE: How to declare vested RSU shares tax has already been paid ?
Hi,
As the payent is from your employer, the details will be included within your P60 as your total income. Any breakdown is then likely to be in your payslips.
You can check the correct rates here:
Income Tax: introduction
Thank you. -
RE: Capital Gains Tax on long term incentive shares
Hi,
Yes, Capital Gains Tax is likely to be due if the value has inceased from the date vested to the sale date.
Thank you. -
RE: Split Year Treatment - case 8 - Starting to have a home in the UK
Hi,
In relation to split year cases 4 to 8, the split year date means the final day of the overseas part of the year for that case. Please refer to the guidance below, and following pages, for information on cases 4 to 8.
RDRM12150 - Residence: The SRT: Split year treatment: Case 4: Starting to have a home in the UK only
Thank you.