HMRC Admin 18 Response

Hi,

Contact us by webchat or phone via:

Income Tax: general enquiries

And we can provide you with an update.

Thank you.

Hi,

Please refer to:

Shares and Capital Gains Tax (Self Assessment helpsheet HS284)

If the shares are in joint names, each party must report their own info.

Thank you.

Hi,

If you're having trouble contacting us by phone, you can reach us by webchat - just click 'ask hmrc online' via:

Income Tax: general enquiries

Thank you.

Hi,

You will not need to declare the actual transfer of the capital. You will need to report any interest or dividends that this has generated.

Thank you.
 

Hi,

That's right - taking £1000 less pension would leave this amount of your regular tax free allowance free, which would then be applied against any oustanding interest. See link below:

Tax on savings interest

Thank you.

Hi,

If you’ve paid too much Income Tax on a flexibly accessed pension payment (that hasn't emptied your pension pot) and don't expect to be taking regular or flexible payments before the end of

the tax year, you can claim an in-year refund by completing a P55 - you can do so here:

Claim back tax on a flexibly accessed pension overpayment (P55)

Thank you.

Hi,

Your 20/21 return would need to be amended to process your claim, however we have passed the regular time limit for you to amend this return. To make the changes, you need to write to us,

stating that you are 'making a claim for overpayment relief'. State the year you wish to claim for, and give details of the claim you wish to make.

Please send your letter to Self Assessment, HM Revenue and Customs, BX9 1AS, United Kingdom.

Thank you.

Hi,

We are unable to comment on specific CGT scenarios, but the links below should help you to (a) work out your potential entitlement to Private Residence Relief and (b) calculate your

estimated CGT liability, taking into account the factors you have mentioned.                                                    

Tax when you sell your home                                                                

Work out your gain

Thank you.

Hi,

Please refer to the guidance at:

Tax on your UK income if you live abroad

and

RDR3 Statutory Residence Test

Thank you.