HMRC Admin 19
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RE: Are BNO Visa holders from Hong Kong obligated to pay tax in foreign income?
Hi,
You can see guidance here, in conjunction with the double taxation treaty with Hong Kong:
Paying tax on the remittance basis (Self Assessment helpsheet HS264)
Tax treaties
Thank you. -
RE: CGT Tax when selling your Buy2Let which was originally your residential home
Hi,
No, the gain is based on the increase in value from the date the property was purchased. You can then claim Private Residence Relief for the period you lived in the property to reduce any taxable amount. You can see guidance here:
HS283 Private Residence Relief (2024)
Thank you. -
RE: Continueing to work remotely for UK employer from South Africa
Hi,
You can see guidance here:
Apply to pay voluntary National Insurance contributions when abroad (CF83)
Thank you.
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RE: German Airline Pilot in UK - need an NT Tax code cahnge as germany will tax my UK ear
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RE: Company Car through Salary Sacrifice
Hi,
Your employer will notify HMRC of the company car benefit. Once the benefit has started, if you want to check your record you can contact our Income Tax team.
Income Tax: general enquiries
Thank you. -
RE: Business mileage from home to various sites
Hi Ymaa123 Ama,
As we would need to know more details to review you will need to contact our Income Tax team:
Income Tax: general enquiries
Thank you. -
RE: CGT on sale of property
Hi,
You can see guidance here:
CG64485 - Private residence relief: only or main residence: two or more residences: right of nomination
Thank you. -
RE: non qrops transfer to UK pension
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RE: Car allowance to company car
Hi,
If you are using your own car for business, the mileage rates can be found here:
Travel — mileage and fuel rates and allowances
Thank you. -
RE: Cash gift from parents outside UK
Hi Carlos Fernandes,
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. Further guidance can be found here:
Tax on savings interest
Tax on dividends
Thank you.