HMRC Admin 20 Response
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RE: Millage allowance when selling
Hi,
These are not allowable expenses when working out any capital gain - CG15250 - Expenditure: incidental costs of acquisition and disposal.
With regards to transferring to your wife, yes it is allowable - Capital Gains Tax: what you pay it on, rates and allowances
Thank you. -
RE: Tax free Bounty & Adjusted Net Income
Hi,
If the payment is non taxable then it would not be taken into account for your adjusted net income and would not be declared on the Self Assessment tax return.
Thank you. -
RE: CGT on sale of quoted or traded options
Hi,
It would be the first year when sold.
Thank you. -
RE: Share transfer into a stock and shares ISA
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RE: NI Contribution Record for 2023-24
Hi Vici,
Any National Insurance contributions paid whilst employed in the UK should be reflected on your Personal Tax Account (PTA) any time now.
If the contributions are not reflected by the end of the year then please send us a copy of your P60 for the 2023-2024 tax year and we will arrange
for them to be put onto your National Insurance account.
Thank you. -
RE: Self employed and starting a job
Hi,
You would tick NO that you do not have another PAYE employment.
Thank you. -
RE: HRP
Hi,
HMRC cannot advise how long it will take for your pension to increase.
Please contact the Department for Work and Pensions on 0800 731 0469 who will be able to help you with your query.
Lines are open from 8am to 6pm, Monday to Friday.
Thank you. -
RE: I am now 66 and have not started my pension, I now want to start it.
Hi,
To claim your UK State Pension please visit this weblink: International Pension Centre
Pay Class 2 National Insurance if you do not pay through Self Assessment If you work or live abroad
When we receive your payment of voluntary National Insurance contributions we will do our best to allocate your payment.
If you could allow 8 weeks from the date that you make your payment of voluntary contributions then check your Personal Tax Account (PTA) which will show how we have allocated it.
If you do not agree with how we have allocated your payment then please call our National Insurance Helpline on 0300 200 3500 (from the UK) or +44 191 203 7010 (from overseas) and they will arrange for your payment to be allocated as you wished.
Thank you. -
RE: How to Pay Voluntary National Insurance Contributions from Abroad
Hi Sharon2,
The following weblink details how you may pay your voluntary class 2 National Insurance contributions from overseas:
Pay Class 2 National Insurance if you do not pay through Self Assessment If you work or live abroad
Thank you. -
RE: When will NI information for 2023/2024 be available so I can
Hi,
I am unable to confirm when this information will be available on your records.
However, you can ask an advisor on the helpline to tell you what the shortfall would be for that year.
The number to call is 0300 2003500, lines are open from 8am to 6pm Monday to Friday.
You should contact the Department for Work and Pensions first, to make sure that paying voluntary National Insurance contributions for that year, will increase your pension.
Their number is 0800 731 0469, lines are open from 8am to 6pm Monday to Friday.
Thank you.