HMRC Admin 19 Response

Hi,

As we would need to review your record, to see if and where your overpayments have been issued and so we can then organise to have them issued or reissued as necessary, you will need to contact our Income Tax team.

Income Tax: general enquiries

Thank you.

Hi,

It could suggest that your employer has only just now processed your P45, on the date given in box 13, athough there may be other explanations. You will need to contact our Income Tax team so we can review this, and update your record and codes as necessary.

Income Tax: general enquiries

Thank you.

Hi,

Your estimated income, and therefore your tax code, will be based on your previous years earnings, so a code of 0T as described looks likely. If it is possible that you might earn £125,000, you may prefer to have a code of 0T, if this is operated and your income falls below the expected £125K, you should receive a rebate.

While your employer will provide us with regular updates of your income, your tax code is ultimately your responsibility. If you have an estimate of what you expect to earn for the year that you would like us to use, or if your income changes during the year that you think might affect your tax free allowances, contact our Income Tax team so we can review your record.

Income Tax: general enquiries

Thjank you.

Hi,

It could be that the transfer of allowances has not been applied because you are not eligable to receive them. To allow us to check this, and reinstate the transfer for your calculation if appropriate, please contact our Self Assessment team.

Self Assessment: general enquiries

Thank you.

Hi,

You would only deduct your employee contribution as long as it was from your net wage. The pension annual allowance for 2023/24 is £60,000. 

Thank you.

Hi,

As we may need to give you specific advice, depending on your circumstances, you will need to contact our Self Assessment team:

Self Assessment: general enquiries

Thank you.

Hi.

As we are close to the filing date, submit your return without completing box 44 and wait 72  hours and then contact our Self Assessment team and somebody will be able to help you to amend the return to include the residential finance costs.

Self Assessment: general enquiries 

Thank you.

Hi,

No, rental losses from the partnership cannot be offset against profits outside the partnership. You can see guidance here:

PIM1030 - Introduction: jointly owned property & partnerships

Thank you.

Hi,

Yes, as your sibling is the beneficial owner they are liable to tax on the property and can claim any expenses.

Thank you. 

Hi.

You can see information in respect of ownership and Income Tax here:

TSEM9000 - Ownership and income tax

You will require a deed of trust, however we are unable to advise who you should consult in drawing one up.