HMRC Admin 19 Response

Hi,

If you are an overseas business and not established in the UK then we would hold your overseas address and you would then be registered at our Ruby House address in Aberdeen.

However if the accountant is a tax agent and completed a VAT1TR form then they would have provided their UK address and this would be your principal place of business in the UK. You can see guidance below:

Non-established-taxable-persons (NETPs) — basic information

NETPs — tax representatives and agents

Thank you.

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. You can see guidance here:

Tax on savings interest

Tax on dividends  

Whilst there are no Income Tax implications on the giving or receipt of cash gifts, you may wish to speak to Inheritance Tax regarding any Inheritance Tax implications.

Inheritance Tax: general enquiries
 
You can also review the guidance here:

How Inheritance Tax works: thresholds, rules and allowances

Rules on giving gifts

Please also note that ISAs are tax free accounts and no tax will be deducted from your interest.

Thank you.

 

Hi,

You can see guidance here:

HS283 Private Residence Relief (2023)

If you satisfy all the conditions and are entitled to full Private Residence Relief on your property and have no gain to report you do not need to do anything further.  

Thank you.

Hi,

You can contact our Income Tax team to nominate an address we can send it to, or you would need to write to us if you wish to nominate someone to receive the repayment on your behalf.

Income Tax: general enquiries

Thank you.

Hi,

If you have completed an SA103 self employment section, the calculation will calculate any NI due on the self employed income.

Thank you.

Hi,

It would be the grossed up donation portion.

Thank you

Hi,

 On the basis of the information you have provided, you were tax resident in the UK in 2022/23, and you should therefore declare your foreign income, that is your Ukrainian employment income and claim credit for the Ukranian tax deducted, through Foreign Tax Credit Relief by completing a 2023 Self Assessment tax return. Youi can see guidance here:

Tax on foreign income             

You are potentially eligible to claim the remittance basis, but you may wish to consider whether it suits your particular circumstances by looking at the guidance here:

Remittance basis 2021 (HS264)

As regards your NIC query, please contact our National Insurance team:

National Insurance: general enquiries
                                                                                       
HMRC is unable to comment on the prohibition of payments abroad from your Ukrainian account, as that is a matter for the Ukrainian authorities.

Thank you.

Hi,

If the code is BR and this is your only source of income you will need to contact our Income Tax team so that we can change the code.

Income Tax: general enquiries

Thank you.

Hi,

The CGT liability of the children who inherited a share of the French property would be calculated from the date on which the second parent passed away.

With regards your second home query you can see guidance on Private Residence Relief here:  

Tax when you sell your home

Thank you.

Hi,

Yes, the FX rate would be the rate that applied on the date of the sale and yes, you would need to separately calculate the gain or loss on the subsequent conversion of CHF proceeds into GBP.

Thank you.