HMRC Admin 18 Response

Hi,

In all cases listed, use the P60 value, as the BIK is already accounted for via Salary Sacrifice. You can read more about ANI here:

Personal Allowances: adjusted net income

and threshold income here:

Work out your reduced (tapered) annual allowance

Thank you.

 

Hi,

No. These allowances only cover savings interest.

Thank you.

Hi,

The balancing payment, and your first 24/25 payment on account, should show shortly, but please ensure that your 23/24 return has been fully submitted and received. If you would like us to

check that your return has been received, and confirm the amount due, contact us by webchat or phone via:

Self Assessment: general enquiries

Thank you.

Hi,

The amount due may not show until closer to the payment deadline of the 31st of January, 2025. Your wife may also have had enough credit on her Self Assessment account, either through

Payments on Account or previous years' overpayments, to cover the 23/24 amount due. To allow us to confirm this, though, please ask your wife to contact us by webchat or phone via:

Self Assessment: general enquiries

Thank you.
 

Hi,

If you have already submitted a tax return online, you can just amend it. If not, you will need to write in with the details to HMRC PAYE & Self Assessment BX9 1AS.

Thank you.

Hi,

HMRC cannot comment on future events as legislation may change. For current guidance, lease refer to:

Tax on your UK income if you live abroad

Thank you.

Hi,

Gift aid can only be given in the year the payment was made or carried back. It cannot be carried forward. See guidance at:

HS342 Charitable giving (2024)

Thank you.

Hi,

Unfortunately, we can only tax the payment at the point when it is received, and not when it is nominally earned, unless your former employer declares it via PAYE as having been earned in

23/24. For more advice, contact us via:

Income Tax: general enquiries

Thank you.

Hi,

You can check on expected timescale for a reply at:

Check when you can expect a reply from HMRC

Thank you.

Hi,

If there is a Will, the Executors must check the terms to check if there are specific instructions regarding the property. Sometimes a Will specifies that a property, or share of a property, should be held in Trust for the beneficiaries until a certain time, or other such instructions. If so, the Executors must follow the terms of the Will.

But if the Will doesn't make any specific provisions for the property, the Executors should proceed as they see fit. Either the property will need to be transferred into the names of the Beneficiaries (as set out under the terms of the Will) or sold. If the property is sold, the proceeds will then go into the Estate to be distributed to the Beneficiaries.                                                                                                                                                                                                                                                                                                                                      
It is therefore the estate that is selling the property and personal cg losses of the beneficiary cannot be used.

Thank you.