HMRC Admin 19 Response
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RE: do i need to pay tax on selling collectables coins?
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RE: Capital gains tax when property jointly owned husband/wife then only wife
Hi Mike Bennett,
You can see guidance here:
CG64485 - Private residence relief: only or main residence: two or more residences: right of nomination
Thank you. -
RE: CGT and allowable allowances.
Hi,
You will need a valuation on your 25% share in 2009 and again for the additoinal share received in 2014.
Thank you. -
RE: Inheriting money from a foreign bank account to UK
Hi,
You will have paid the necessary tax through the Inheritance Tax process.
Thank you.
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RE: How to declare 'capital distribution' on self assessment?
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RE: Is a Greek private pension taxed fully for a UK tax resident
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RE: Allowable CGT expenses for forestry assets
Hi,
If any of the costs include the value of the timber, yes, they will need to be apportioned.
Thank you. -
RE: Chargeable Event Certificate - With Profits Bond Surrender
Hi,
As the amount is over £10000, you will need to complete a tax return for 2024 to 2025 to declare this.
Thank you. -
RE: Moving abroad middle of tax year
Hi,
If you were paid through the limited company as a director, then yes, a SA102 would be needed.
As you need to complete a SA109, then you would need to submit your tax return, SA100, plus any supplementary pages by paper or to file online you will need to use third party commercial software:
Self Assessment commercial software suppliers
Thank you. -
RE: Saving interest (UK & overseas)
Hi,
You do still need to complete a Self Assessment tax return, even though your foreign savings interest will be covered by your personal allowance. You can see guidance here:
Tax on foreign income
Thank you.