HMRC Admin 19 Response
-
RE: Importing personal ultra sound scan machine
Hi,
You can use trade tariff UK to check if there is duty or VAT to pay and find out about suspensions or reductions. Please use link below for more information:
Trade Tariff: look up commodity codes, duty and VAT rates
Thank you. -
RE: Bringing my belongings from my parents residence in France to my residence in UK
Hi,
Unfortunately, it is not possible to claim transfer of residence relief (ToR) on these personal belongings. To claim ToR relief you must import the goods within 12 months of coming to live in the UK.
Thank you. -
RE: Query regarding donating items to charity I've been reimbursed for.
Hi,
You will declare the outlay as expenses and the reimbursement as income.
Thank you. -
RE: about the 4-year FIG regime
Hi,
Detail on the Government's intended changes to the rules for non-domiciled individuals is set out here:
Technical note: Changes to the taxation of non-UK domiciled individuals
We are unable to provide any further detail on how these changes will apply to an individual’s personal circumstances at this time. Policy is still being written and may change.
Thank you. -
RE: Foreign pension minimum taxable amount in the UK
-
RE: Is Capital Gain Tax 0% if I'm unemployed?
Hi,
Capital Gains Tax on shares is 10% or 20%. There is no zero percent on a taxable gain. You can see guidance here:
Capital Gains Tax: what you pay it on, rates and allowances
Thank you. -
RE: Accrued Income Scheme for SA106
Hi,
If you buy a security with accrued interest, the next interest payment that you receive will be taxable. But, because you have already paid an extra amount to buy the security, you can get tax relief under the Accrued Income Scheme.
The extra amount you have paid is an accrued income loss and you deduct this from the interest that you get.
Thank you. -
RE: Clarification on rules when receiving inheritance from abroad
Hi cesarhernandez1967,
You can see guidance here:
How Inheritance Tax works: thresholds, rules and allowances
Or you can contact our Inheritance Tax team for advice.
Inheritance Tax: general enquiries
Thank you. -
RE: CGT on Buying US Shares Using USD Balance on Margin Brokerage Account
Hi,
No, it will only be a disposal if you sell any of the shares.
Thank you. -
RE: Special type of 'interest'
Hi,
Yes, that is correct.
Thank you.