HMRC Admin 19 Response

Hi,

Yes, you can claim residential relief on the property to reduce any gain and this includes the additional 9 months.  

As it is a foreign property and would have been sold for excess of £49200, it must still be reported even if no tax is due.

Thank you.

Hi,

No, PHD stipends are not taxable and you do not need to include it in your return.

Thank you.

Hi,

No they cannot, as you would need these in your day to day life anyway.

Thank you.

Hi,

Yes as the income is over £1000. You can see guidance here:

Tax on foreign income

Thank you.

Hi,

If you click on "Ask HMRC online" and request to speak with an adviser, you will be put into a queue for webchat and we can issue the paper form.

Self Assessment: general enquiries

Thank you.

Hi Fredrick Galmerin,

If you qualify for split year then you only report any foreign income for the UK part of the year. You can see guidance here:

RDRM12000 - Residence: The SRT: Split year treatment

If you do not qualify then you will need to report all your foreign income to the UK. You can see more information here:

Tax on foreign income  

The following guidance at will help you work out if split year treatment applies:

RDRM12150 - Residence: The SRT: Split year treatment: Case 4: Starting to have a home in the UK only 

Thank you. 

 

Hi,

The online filing deadline will remain at 31 January 2024.

Thank you.

Hi,

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'.

ERSM20193 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 

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

Thank you.

Hi,

You can see guidance here:

Corporation Tax: return of Income Tax on company payments (CT61)

Thank you.