HMRC Admin 19 Response
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RE: CGT - Treatment of new shares from a SCRIP Dividend Scheme
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RE: Company Sale Tax Implications
Hi,
You can see guidance here:
Capital Gains Tax: what you pay it on, rates and allowances
Thank you. -
RE: CGT - Treatment of Proceeds from Rights Issue
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RE: Reporting CGT on Overseas Property sale
Hi Paulj20,
You also need to declare the sale in the UK. You can claim Foreign Tax Credit Relief for the Irish tax paid to set against any UK liability. You can see guidance here:
Capital Gains Tax: what you pay it on, rates and allowances
Thank you. -
RE: overseas gift
Hi,
There are no Income Tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends. These would then potentially be subject to tax. Further guidance can be seen here:
Tax on savings interest
Tax on dividends
Thank you. -
RE: Beneficial Loan P11d to an ex employee
Hi,
Yes, that is correct.
Thank you. -
RE: BIK, capital contributions and EV salary sacrifice
Hi,
You can see guidance here:
EIM24360 - Car benefit calculation Step 3: capital contributions: years when deduction is allowed
Also can you double check ITEPA S132 as I am unable to trace.
Thank you. -
RE: Require IHT forms to be sent to me
Hi,
Please contact the Inheritance Tax team for advice.
Inheritance Tax: general enquiries
Thank you. -
RE: tax on money gift from the Netherlands to UK
Hi,
There are no Income Tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends. These would then potentially be subject to tax. Further guidance can be seen here:
Tax on savings interest
Tax on dividends
Thank you.
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RE: Flat sale CGT
Hi,
You may be liable for capital gains as you have not lived in the property as your only and main residence for the whole period of ownership. You can see guidance here:
Capital Gains Tax: what you pay it on, rates and allowances
Thank you.