HMRC Admin 19 Response

Hi Vamsy Malisetty,

You will be liable to Capital Gains Tax as the sale has occured when you are a UK resident. You can see guidance here:

Capital Gains Tax: what you pay it on, rates and allowances

Thank you.

Hi bullwicked,

You can see the following guidance on residence, domicile and remittance:

Residence, domicile and the remittance basis: RDR1

You will also need to take the statutory residence tests here:

RDR3 Statutory Residence Test

Once you have determined your residence status, you will be able to determine if the money being transferred in, is taxable.

If any of the money being transferred into the UK, is income or gains, generated in the tax year in which you become resident, then this will be taxable. All other monies, not from income or gains in the current tax year is not taxable.  

You can see guidance on importing personal goods here: 

Check how to declare personal goods you bring into or take out of the UK

Thank you.
 

Hi,

If you have already paid it in full then you will select no to the question do you have a student loan.

Thank you.

Hi Ivan Burgess,

We are unable to advise on this. You will need to check with the Spanish authorities or the Home Office.

Thank you

Hi Suresh Patel,

Capital Gains Tax arises from the disposal of assets, such as property or shares.  

Whereas, interest from savings accounts attract Income Tax.

If you are resident in the UK and use the arising basis, you would need to declare the gross interest and tax deducted, in pounds sterling, in the foreign section of an online Self Assessment tax return or the supplementary page SA106, when submitting the SA100 tax return. To avoid double taxation, you can claim a Foreign Tax Credit Relief against the foreign tax paid. You can see more information here:

Self Assessment: Foreign (SA106)

Thank you.

Hi

We are unable to advise regarding digital nomad visas, as this is not a tax matter.  

You can ask your UK employer to write to HMRC and seek a direction to operate PAYE on an employees earnings or complete the online form here:

Apply for a direction to operate PAYE on an employee's earnings  

You can find guidance on National Insurance here:

National Insurance if you work abroad

If you need further information on National Insurance you will need to contact our National Insurance team.

National Insurance: general enquiries

Thank you.

Hi Edward Bartlam,

Yes, the online system will automatically allow this. The arrangement fee can be added to the interest figure you are entering here.

Thank you.