HMRC Admin 20 Response

Hi,
You can register as self employed on line via your PTA or government gateway:
If you already have a SA account you will need to register via your SA account as a self employed person.
Check how to register for Self Assessment
As a sole trader What a sole trader is
More information can be found Self-employment: detailed information
Thank you.

Hi,
Based on the information you have provided, HMRC have processed your CF83 application form and confirmed that you are eligible to pay voluntary National Insurance contributions at the class 2 rate whilst abroad.
The online information for making your payment also refers to customers who are self-employed in the UK and customers who are in other situations whilst working abroad.
You can accept the letter from HMRC as confirmation that you are eligible to pay at the class 2 rate. 
If you are making your payment from a UK bank account, the payment details for you to use are:
Sort Code – 08 32 20
Account Number – 12001004
Account Name – HMRC NIC Receipts
Your reference number will be your National Insurance number, followed by ‘IC’, your surname then your Initial.
If your bank limits you to a certain amount of characters, you should use your National Insurance number followed by ‘IC’ and as much of your surname as possible.
If you are making your payment from a non UK bank account, the payment details to use are: 
•    account number (IBAN) - GB49 BARC 2020 4830 9447 93
•    Bank Identifier Code (BIC) - BARCGB22  
•    account name - HMRC NIC receipts
Your reference number will be the same as shown above.
These bank details can also be found here - Pay Class 2 National Insurance if you do not pay through Self Assessment
Thank you.

 

Hi,
PRR is applicable on the period you lived in the property on the total gain.
As you paid 185k for the other 50% share this is still part of your original purchase price that is deducted when working out the gain.
Thank you.

Hi,
It is withdrawals from the IRA and Roth IRA that need to be considered.
You will therefore need to write in to amend the returns.
We can only go back to 2020 to amend.
You will need to make reference to overpayment relief - SACM12150 - Overpayment relief: Form of claims
Thank you.

Hi,
As it should not benefit from the porotection of ISA, any interest earned will be taxable inomce.
HMRC wil contact you in due course.
Thank you.

Hi NIcholas,
I am sorry if there has been a delay in the repayment being issued.
To review this we will need to access your record.
You can contact HMRC at Self Assessment: general enquiries
Thank you.

Hi,
If this is a government benefit then it is not taxable in the UK.
Thank you.

Hi,
Please refer to HS283 Private Residence Relief (2024) Updated 6 April 2024
Thank you.

Hi,
They would need to be in childrens accounts - Interest on savings for children
Thank you.