HMRC Admin 18 Response
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RE: Is the money I loan to family taxable?
Hi,
You need to register for Self-Assessment if your income from savings and investments is over £10,000 in the financial year.
You can find further information here:
Check if you need to send a Self Assessment tax return
Tax on savings interest
Thank you. -
RE: Online chat opening hours
Hi Leni Van Dooren,
Please contact our National Insurance team for help regarding you query:
National Insurance: general enquiries
Thank you. -
RE: Does incomplete final year of class 2 NI contribute to pension entitlement?
Hi,
This forum is for general queries only and is intended to help you self-serve. We are unable to provide specific advice tailored to individual circumstances.
You may wish to contact our National Insurance team:
National Insurance: general enquiries
or consider seeking professional advice.
Thank you. -
RE: Do I need to declare income that has already been taxed?
Hi,
No this is employment income and if you are completing a tax return, this income should already be there. If not, you still need to include it as it is part of your worldwide income.
Thank you. -
RE:
Hi,
This forum is for general queries only and is intended to help you self-serve. We are unable to provide specific advice tailored to individual circumstances.
You may wish to contact our National Insurance team:
National Insurance: general enquiries
or consider seeking professional advice.
Thank you.
-
RE: Top up State Pension by Voluntary Class 3 or Voluntary Class 2 contributions
Hi,
This forum is for general queries only and is intended to help you self-serve. We are unable to provide specific advice tailored to individual circumstances.
You may wish to contact our National Insurance team:
National Insurance: general enquiries
or consider seeking professional advice.
Thank you.
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RE: Tax relief allowance
Hi,
You will need to contact our National Insurance team and they will be able to check your National Insurance account and help you further.
National Insurance: general enquiries
Thank you. -
RE: Split year starts when? Entry into the UK on Fiance Visa or when Spouse Visa is granted?
Hi,
This forum is for general queries only and is intended to help you self-serve. We are unable to provide specific advice tailored to individual circumstances.
You may wish to contact our Self Assessment team:
Self Assessment: general enquiries
or consider seeking professional advice.
Thank you.
-
RE: Rental Income ( Property Allowance+ Carry Forward Finance Costs ???)
Hi,
This forum is for general queries only and is intended to help you self-serve. We are unable to provide specific advice tailored to individual circumstances.
You may wish to contact our Self Assessment team:
Self Assessment: general enquiries
or consider seeking professional advice.
Thank you. -
RE: Tax on moving money from abroad to a uk bank account to buy a house in the uk
Hi,
There is no limit to the amount of money you can transfer from an overseas bank account to a UK bank account.
If any of the money transferred is from income or capital gains arising in the tax year it is transferred, then that income and capital gains is taxable and should be reported on a Self Assessment tax return.
If the money transferred is purely from savings, it is classed as capital and is not taxable.
Thank you.