HMRC Admin 20 Response
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RE: i require a copy of my PAYE Coding Notice (P2) for 6 April 2022 to 5 April 2023
Hi John Madden,
You can check your current year tax code via your Personal Tax Account, on gov.uk.
For years prior to 23/24, you can check your code via the P2 notifications issued to you by HMRC.
If you do not have access to your P2 documents, contact us by webchat or phone via Income Tax: general enquiries , and we can advise your further.
Thank you. -
RE: CGT on Furnished Holiday Let
Hi DougBT Walker,
If you’re tenants in common, each owner has a distinct share in the property, which doesn’t automatically go to the surviving owner.
Instead, the deceased’s share will be distributed according to their will or the rules of intestacy if there’s no will.
As the deceased's share of the property was bequeathed to the daughter, the deceased's estate would be liable to capital gains tax on his share of the market value up to the date of death, minus his share of the acquisition costs and the daughter liable to capital gains from the date of inheritance to the date of disposal.
Mrs X would be liable to capital gains based on her share of the acquistion cost and her share of the disposal value. There would be 3 capital gains calculations.
Thank you. -
RE: Employer's Wage declaration
Hi Paulo Dias,
Ask you employer to contact our Employer's Helpline on 0300 200 3200 for advice on rectifying this for you.
If they are unwilling to do so, you can send the documentation you wish to provide to
Pay As You Earn and Self Assessment,
HM Revenue and Customs,
BX9 1AS,
United Kingdom.
Alternatively, you can contact us by webchat via Income Tax: general enquiries
Thank you. -
RE: Payments on Account
Hi John,
For advice on repaying an established payment plan early, contact us by webchat or phone via Payment problems.
Thank you. -
RE: Trading listed shares or securities
Hi Nella,
In year capital losses are automatically used against any in year capital gains even if it means you lose out on the annual exempt amount.
Thank you. -
RE: Self-Assessment for saving interest.
Hi Pik yu Chiang,
If you have foreign interest over £2000 then you need to complete the SA106 foreign income page.
If not you can include it on the SA100. There are separate boxes to show UK interest and foreign interest.
Thank you. -
RE: Capital gains tax - divorce
Hi Nuno Raposo,
You would need to discuss this with a solicitor or financial advisor.
Thank you. -
RE: Pension contributions and tax relief
Hi Davemoo,
You do not show this in the actual tax return. you only declare any excess that you need to pay - HS345 Pension savings — tax charges (2023)
Thank you. -
RE: Trust self assessment query
Hi Bopont,
You will need to contact the trust office on 0300 123 1072 or refer to Trusts and taxes.
Thank you. -
RE: Higher and additional tax on Pension contributions based on CGT
Hi Kevin Frost,
The higher rate relief for the pension only applies to income tax. as you state that you are only higher rate due to capital gains, no further relief on the pension payment is due.
Thank you.