HMRC Admin 20 Response

Hi David,
You can view you 2024/2025 current year tax code via your Personal Tax Account - just go to gov.uk and search for 'Personal Tax Account'.
If you need advice on any previous years' tax codes, contact us by webchat or phone via Self Assessment: general enquiries
Thank you.

Hi Bjn201,
From your description, that sounds correct.
If you would like us to confirm this, contact us by webchat or phone, via Self Assessment: general enquiries , as we would need to access your record.
Thank you.

Hi Nithin Mathew,
We can only comment on the UK side of things and your original question is in relation to a refund from Australia.
Your expenses paid by yourself and then given as a rembursement are not included for working out any tax due in respect of student loan payments in the UK.
Thank you.

Hi,
Shares are listed if they are recognised for tax purposes on a recognised stock exchange, please see:-
Recognised stock exchanges: definition, legislation and tables of recognised exchanges.  
If they are not listed on one of the recognised stock exchanges, then they are unlisted shares.  
If they do not come under either of these categories, they will go under other property, assets and gains.  
A loss for CG can only be set against gains of the same year or carried forward, please see.:-
Capital Gains Manual CG21500P - Individuals: losses.  
Please see Capital Gains Manual CG73920P - Non-Resident Capital Gains (NRCG) and the exemptions: Disposals from 6 April 2019
for the rule on non resident capital gains disposals from 06/04/2019.
Thank you.


 
 

Hi Lisa,
If you invest in deeply discounted securities, put the difference between what you paid for the bond and what you redeem or sell it for in box 3 of SA101 (page Ai1).
The SA101 guidance notes advise:-
Box 1 Gilt etc interest after tax taken off . Put the total amount of interest received from your gilt-edged and accrued income securities with tax taken off in box 1.
If the interest did not have tax taken off, put this amount in box 3.
Do not fill in boxes 1 and 2.
Box 2 Tax taken off put the tax taken off the interest in box 2.
Box 3 Gross amount before tax Add together boxes 1 and 2 and put the total figure in box 3.
Make sure you include any deeply discounted securities you redeem or sell.  
There is no mention of commission fees or interest, so these should not be include.  
(Additional information notes Tax year 6 April 2023 to 5 April 2024 (2023–24) Use these notes to help you fill in the Additional information pages of your tax return).
Thank you.

Hi Al B,
If you are not in receipt of any income or capital gains from the UK, while resident in the USA, then there is nothing to declare in the UK, in this case, tax return would not be required.  
Please use the Check if you need to send a Self Assessment tax return, to confirm that you do not meet self assessment criteris an longer.  
You will need to contact our self assesment helpline on +441619319070 (outside the UK only) or contact our webchat facility at Contact HMRC, to let them know, so they can close your self assessment record.
Thank you.

Hi Stephen,
To include your refund figure in your 23/24 tax calculation, enter this figure in the box that reads 'tax already refunded or set off'  - box 1 on page TR6.
Alternatively, contact us by webchat or phone via Self Assessment: general enquiries to allow us to update your return.
Thank you.

Hi CK,
The guidance at Savings and Investment Manual SAIM8020 - Annual payments: meaning of annual payment advises Inducements or rewards offered to customers by a trade, profession or vocation might constitute annual payments chargeable to tax under ITTOIA05/S683 if they possess the above four characteristics.  
You have stated that it does not meet all characteristics.  Based on your finding, the cash back would not be taxable.
Thank you.

Hi TipTopKaf,
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 our self assesment helpline on 0300 200 3310, or contact our webchat facility at Contact HMRC or seek professional advice.
Thank you.

Hi JUERGEN BAUER,
We are not in a position to provide answers to complicated questions that may require more information.  
We can only provide general advice, which we cannot do with your question.
Thank you.