HMRC Admin 18 Response
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RE: Pool of actual cost of shares in Section 104 holding from work award scheme?
Hi,
Its the value of the award.
Thank you.
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RE: Travel expense
Hi,
This depends on whether you are under PAYE or self employed as it may be seen as a temproary workplace.
Thank you.
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RE: UK-HK Tax Treaty
Hi,
If you are living in the UK it will be taxed in the UK as you will be working remotely so not on Hong Kong soil. You can claim foreign tax credit relief if the same source is already taxed
there. The same appllies to the directors fees if you are in the UK.
Thank you. -
RE: Being self employed and employed and expense
Hi,
It does - if a single parent earns over £60,000 in 24/25, they will have to repay some of their Child Benefit, depending on how much over the threshold they earned. You can read more here -
High Income Child Benefit Charge
- and contact our Child Benefit team here -
Child Benefit: general enquiries
Thank you. -
RE: non-resident CGT applicability on UK joint shares account
Hi,
UK will not tax the non UK resident for CGT on shares.
Thank you.
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RE: paying VAT on aliexpress
Hi,
Can you please elobarate on your question.
Thank you. -
RE: UTR number
Hi,
An employer may ask for your UTR to confirm that you are set up for Self Employment. HMRC may also contact an employer to confim the employees they have on record, and if they are
correctly set up to pay tax on their earnings. If you are unsure as to whether to disclose your UTR to your current employer, contact us by webchat or phone via:
Self Assessment: general enquiries
Thank you. -
RE: Dividends over Allowance
Hi,
If your 23/24 dividend income was over £10,000, you need to complete a tax return to declare this income.
Thank you.
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RE: Self-assessment - payments on account (tax bill under the £1,000 threshold)
Hi,
If your 23/24 tax amount owed is less than £1000, your 24/25 payments on account will be calculated as £0.00, and any tax owed from 24/25 will be paid when you file your 24/25 return. If
the tax you owe for 24/25 is over £1000, payments on account will be calculated for 25/26, and so on.
Understand your Self Assessment tax bill
Thank you. -
RE: Online Self Assessment and Paper Form SA100
Hi,
If you now wish to file online, you can - you need to enrol for SA online services and get an activation code. First, go to:
HMRC online services: sign in or set up an account
and sign in with your PTA user ID and password.
Then, click 'add SA' and use your UTR number with your NINO or post code to enrol - this will trigger the issue of an activation code
You will receive the activation code within 10 days (21 days if abroad)
Use your activation code at:
HMRC online services: sign in or set up an account
you can then access SA via your PTA landing page, and file an online return from there.
Thank you.