HMRC Admin 20 Response
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RE: Paying capital gain tax in advance
Hi,
You can use the calculator at Tax when you sell shares to help you work out your gain.
If you have or are able to obtain a government gateway user ID and password, you can report and pay the capital gains tax using the realtime capital gains
tax service at Report and pay your Capital Gains Tax before 31 December 2025.
After this date a self assesment tax return is required.
If you complete a self assessment tax returns, you could send the payment to your self assessment record.
It would sit there in credit until 31 January 2026, when the capital gains tax would become payable.
Thank you. -
RE:UK employer contributions in to director UK SIPP and personal allowances when UK non-resident
Hi,
The threshold would remain £60000 in the tax year that you leave the UK, however, the following tax years would drop to the minimum reduced annual allowance.
Have a look at the table at (Minimum reduced (or tapered) annual allowance).
Any amount paid in above the threshold, regardless of who makes the payment, will incur a pension savings tax charge and require the declaration in a self assessment tax return.
Thank you. -
RE: Obligations established company
Hi,
For VAT purposes the main obligation is to submit your Making Tax Digital returns to us.
There are other obligations depending on where your business is established as if the business is in Northern Ireland there can be obligations to send in EC sles returns and Intrastat declarations.
VAT on movements of goods between Northern Ireland and the EU 17. EC Sales Lists
VAT on movements of goods between Northern Ireland and the EU 18. Intrastat
Thank you. -
RE: Claim Taxback on payment into pension
Hi,
You will need to amend your tax return to change the pension payment figures, in order to claim any tax relief due.
Thank you. -
RE: Including P800 Underpayment Repayment in Self-Assessment: How to Reflect Correctly?
Hi,
If you received a P800 and paid the underpayment and now need to file a Self Assessment then you will need to contact HMRC to cancel the P800 and arrange for the
payment made to be transferred to your Self Assessment record.
You can contact HMRC at Self Assessment: general enquiries
Thank you. -
RE: UTR/NINO
Hi,
If you have a UTR then yes you can submit the Self Assessment.
Thank you. -
RE: Breaking house chain and CGT
Hi,
It is unlikely that there would be a capital gain on the disposal of your main residence, but this may depend on how long it takes to dispose of your old property.
Please have a look at the guidance on private residence relief at HS283 Private Residence Relief (2024)
Thank you. -
RE: UK Tax on RSU's granted in USA
Hi,
As the payment is from your employer, the income should be shown in the employment section if it is included in your P60.
You would then claim a credit for the Tax in the foreign section under 'Employment, self-employment and other income which you paid foreign tax on'.
If it's not included in your P60, please include it in the box on the employment page for 'Tips and other payments not included on your P60'.
Thank you. -
RE: I was on the BR tax code for 5 years from the year 2000
Hi,
If you no longer hold P60s or payslips then please send us a letter with as much detail as possible about the name and address of your employer and the periods that you worked there (from … to …).
We will then be able to try to trace for any National Insurance contributions.
Thank you. -
RE: Grandparents claiming child credit
Hi,
If you were to apply for Specified Adult Childcare credits and be awarded a transfer, it would have no impact what so ever on the child benefit claimants state pension.
If the child benefit claimant needed the child benefit credits there themselves we would not allow a transfer.
We would only allow a transfer if the child benefit claimant had a full tax year through other means such as paying National Insurance through work or having credits from another benefit.
Thank you."