HMRC Admin 19 Response

Hi,

As this is in the future we cannot answer as legislation may change.

For current rules it depends on what type of income you have.

Whether you are taxable on the arising basis or the remittance basis in 2022 to 2023, you are taxable on any remittances of income or gains that you make in 2022 to 2023 that arose or accrued in an earlier year in which you were taxed on the remittance basis.

Thank you.

Hi,

This may be just an advisory message but could also be that due to the level of your total income, your dividends may not be liable to tax at 15%. It may only be 8.75% and you would need to change the rate.

Thank you.

Hi,

Please contact the Stamp Duty Land Tax team for advice.

Stamp Duty Land Tax

Thank you.

Hi,

If your wife contacts us to advise that it needs to be cancelled for 2022 to 2023 as she was below the threshold we will be able to cancel it.

Income Tax: general enquiries

Thank you.

Hi Damian,

Switches between different share classes within the same fund are not treated as a disposal for capital gains purposes, so no Capital Gains Tax is due.

Thank you.

Hi Jim Bow,

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 information here:

Tax on foreign income

The following guidance 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

The HS304 is for employment and pensions.

Thank you.

Hi,

Yes, that is correct.

Thank you.