HMRC Admin 19 Response

Hi,

You can see guidance here:

Trading under sanctions with Russia

Thank you.

 

Hi,

No you not, as this was your main home.

Thank you. 

 

Hi SH.123 Hussain,

You should include the total income you claim on the invoice and then claim the mileage and parking as expenses if these were solely work related.

What you declare depends on whether you are using cash basis or traditional accounting for your accounts. You can see guidance here:

Cash basis

Thank you.

Hi,

No, as the first test has already confirmed your residence status.

Thank you.

Hi,

You can see guidance here:

Remittance basis 2023 (HS264)

Thank you.

Hi,

Yes you do, as you are in receipt of foreign income.

Thank you.

Hi,

Rental income is not covered by double taxation and the UK has the right to tax the rental income. As such you need to remain in Self Assessment and complete the tax return to declare the rental income.

Thank you.

Hi,

1. No, that form is for the actual pension company.    
2. As the policy has not matured and is not providing any income there is nothing to report at this stage.    
3. Same as number 2.

Thank you.

Hi,

HMRC are unable to provide financial planning advice. You may wish to speak to an independent financial adviser for further assistance.

However, you can see general information here:

Tax on your private pension contributions

With regards to the vesting of RSUs, as the payment is from your employer, the income should be shown in the employment section if it is included in your P60. You would then claim credit for the tax in the foreign section under 'Employment, self-employment and other income which you paid foreign tax on'.

If it is not included in your P60, please include it on the box on the employment page for 'Tips and other payments not included on your P60'.  

The following guidance advises that when RSUs payout at the market value on what is called "dividend equivalents" in either cash or shares, such payments will generally be taxed as earnings in the year they are received.  

ERSM20193 - Employment-related securities and options: what are securities: RSUs and dividend equivalents  

Please also see the guidance here:

Annual allowance
 
Thank you.
 

Hi,

You can see guidance on how to complete the return here:

Trust and Estate, Tax Return Guide

Thank you.