Jon24234

Regarding this comment from "HMRC Admin 25 Response" "We do need to know if the pension was set up and paid by the company on behalf of the director or is it an existing private pension set up prior to the directors appointment." What would be the reason of HMRC needing to know if it's a pension setup by the company and a pre existing private pension? Just that I don't currently have either, so could setup up one or the other if one isn't allowed.

It turns out you do repay your student loan from unearned income over £2000, dividends and savings interest. Also pension contributions add to the threshold before repayment, which I wasn't aware of. I suppose this is all calculated for you in an online return, but it's good to know.

Hi, subsequently I found this document on the HMRC website talking about if you earn over £2000 of "unearned income" you will need to make student loan repayments on the full amount, so full amount from £2001 https://www.gov.uk/hmrc-internal-manuals/collection-of-student-loans-manual/cslm16035 HMRC Admin 19 is this not the case?

I understand you don't pay National Insurance on savings interest, but is savings interest taken into account as an income when repaying a plan 1 student loan? Thanks

...as my platform does not allow in-species transfers or spouse transfers. Thanks

Does the process involve selling the shares/funds, transferring the cash, then the spouse rebuying the original shares/funds?

Not sure if this is the right forum, but it was the nearest for my question I could see. Regarding Tax free Child Care accounts. It doesn't tell you how much "maximum government top-up" you can still get for the entitlement period if your balance is £0. Why is this and can it be changed please?

Our joint account is with Chase, but they don't offer Joint accounts in both our names. We both pay in every month and it is obviously a joint account. Is the interest shared via both of us?