HMRC Admin 18 Response

Hi,

Thank you for your question. Yes the same tax rules would apply. Any income over the rent a room relief limit would be taxable. If no other income was received then the first £12570 would

be tax free, the remainder above this would be taxed at 20%. 

Thank you.

Hi,

Even if you converted your existing shares/holdings into a Stocks & Shares ISA, you would still be liable to CGT if having sold your shares you made a Capital Gain of more than £3,000 -

please see the following Guidance:

Tax when you sell shares

and

Individual Savings Accounts (ISAs)

Thank you.

Hi,

You could contact the SA helpdesk on the number provided in this link:

Self Assessment: general enquiries

and progress chase your UTR number.  If you receive a late filing penalty through a delay in you receiving your UTR number, you could appeal against the penalty by going to www.gov.uk

and searching for SA370.  This will allow you to submit an online appeal once your tax return is received.

Thank you.

Hi,

You would be able to claim a percentage of the finance cost as an expense against business use.  Have a look at

Expenses if you're self-employed

If you buy the vehicle, so that you own it, via hire purchase for example, then you could consider capital allowances:

Claim capital allowances

Thank you.

Hi,

You would declare the ETF equities as dividends and pay tax on them.  If you dispose of them, then you could have capital gains tax to pay.

Thank you.

Hi,

In the absence of actual figures, you would have to use a just and reasonable value, to work out the amount of any capital gain or loss.

Thank you.

Hi,

You would be considered tax resident from the date you arrived in the UK.

Thank you.

Hi,

Please refer to:

Business Income Manual

and

Capital Gains Manual

Thank you.

Hi,

If the home is based on the sovereign base and you are working from home, you would still be classed as working on UK soil. If any work is

carried on outwith the base then this is not.

Thank you.

 

Hi,

For assistance please contact the online helpdesk:

Technical support with HMRC online services

Thank you.