HMRC Admin 20 Response

Hi Kmac100000 M,
Yes 0TX is a code.
This code means you have no personal allowance at that source of income so all income taxed.
The X at the end means it is non cumulative.
If you contact HMRC we can review/update the code
Tax codes
Thank you.

Hi Haximus,
You can have 2 jobs at the same time.
If the freelance work with your old employer will be as an employee the employer will send the starting details to HMRC and we will issue a tax code to enable the correct tax to be paid.
If the freelance work will be as self employed and the gross income will be £1000 or more then you will need to register as self employed and complete a Self Assessment tax return
Set up as self-employed (a 'sole trader'): step by step
Thank you.
 

Hi Dalito Smith,
We cannot give advise on specific or hypothetical scenarios hence why links are given. if you need specific advice you need to contact HMRC direct on 0300 200 3310 or engage the services of a professional. 
Thank you.

Hi MihaiY,
You need to check this with the provider.
Thank you.

Hi L-I Am,
We have a specific department who deal solely with non resident landlords.
I have consulted the property income manaul and I believe a technician in this place would have to consider your 'usual place of abode'
However as this forum does not deal with this issue I believe the NRL department might be better equipped to answer your query relating to armed forces.
I have attached some guidance for you to consider in the meantime, this may answer your query, the telephone number of non resident landlords is 0300 322 9433
Non-UK resident landlords  
PIM4850 - The Non-resident Landlords Scheme - usual place of abode

Thank you.

Hi user90,
HMRC are not financial advisors, so cannot offer advice of this nature.  
This forum is for general Income from Property enquiries only, not those of a complex, specific nature.  
Thank you.

Hi User089159a,
In general, ordinary retail customers purchasing goods, investments or services at arm’s length will not be liable to Income or Capital Gains Tax in respect of any commission, discounts or cashbacks received by them.  
Have a look at Statement of Practice 4 (1997).
Thank you.

Hi eme,
For tax relief purposes, the maximum you can pay into your pension scheme is the equivalent of your gross employment/net self employment/net partnership income or £60000.  
This is know as the annual allowance.  Any sum paid into the pension scheme above this allowance, is taxable.  
Any unused annual allowance from the three previous tax years can be added to the annual allowance, to increase the tax relief threshold.  
Any sum that is taxable, must be reported in a self assessment tax return.  
Have a look at Check if you have unused annual allowances on your pension savings, and  HS345 Pension savings — tax charges (2023).
If your pension scheme allows, you can contribute to your pension scheme no matter your residency status.  
Tax relief is only available if your are a 'relevant UK indidividual'.  
Please have a look at the guidance at Pensions Tax Manual PTM044100 - Contributions: tax relief for members: conditions for more information.
Thank you.

Hi Luca LOMBARDI,
Yes.  
As you are disposing of a foreign property, you would need to report the loss to HMRC in a self assessment tax return and in that return, offset the losses against the other gains in the year.
Thank you.

Hi Catherine Macneil,
There is no gain to pay on the actual transfer of the cryptop, however, if you later sell it, a gain will therefore arise and the price is based on what your partner originally paid. all gains must be reported in sterling - Report and pay your Capital Gains Tax
Thank you.