HMRC Admin 20 Response

Hi,
We can not give individual tax advice on this forum and you should use the webchat facility if you need advice on your specific case however you should consider
CRYPTO22450 - Cryptoassets for individuals: Capital Gains Tax: being defrauded
and 
CG13155 - Introduction and computation: occasions of charge: assets lost/destroyed/negligible value: involuntary transfers
Thank you.

Hi,
We can only provide general information / guidance in this forum.  
For an answer to a detailed question of this nature, you would need to contact  Self Assessment: general enquiries or seek professional advice. 
Thank you.

Hi,
1. NO
2. As  you have not actually set up a company as yet, then the S431 is not applicable, if you do then this would be financial advise which we are not authorised to give. advisary board members are not directors  
3. We would accept the market value.
Thank you.

Hi,
HMRC cannot issue a tax code prior to an income source being in payment and the SIPP company will therefore operate an emergancy tax code on your withdrawal.
The tax can then be reclaimed by submitting the DT Individual form - this must be certifies by the Maltese government at section 1.  
The pension details should be declared at section C2.
If you intend to take a monthly pension payment we can then issue the NT code so that no further tax is taken.
Thank you.

Hi,
Please refer to guidance at:- Tax on foreign income and associated links.
Thank you.

Hi Dave,
As you have the choice, its declared annually.
Thank you.

Hi,
HMRC cannot advise on future events as legislation and/or plans may change.
Thank you.

Hi
You can but they may not issue a new one when the funds have already been paid out.
Thank you.

Hi Joe,
If the property that is being gifted is not your main residence then yes as it is still seen as a sale , pleas esee guidance at:-
 Capital Gains Tax: what you pay it on, rates and allowances
Thank you.

Hi,
Yes - please see guidance at:- Remittance basis 2024 (HS264) Updated 6 April 2024
Thank you.