HMRC Admin 20 Response

Hi AMC2024*,
The 23/24 tax return will not be available until 06/04/24.
In order to claim the business asset disposal rleief, it is classed as a non residential property to pay the reduced rate of capital gains tax and the property disposal form does not allow this as its for resdiential propertty only. You would therefore need to report the disposal to meet the 60 day deadline and then complete the tax return in order to claim the business asset disposal for the reduced bill.
Thank you.

Hi Kelvin HO,
The tax will be updated when the SA109 is processed.
Thank you.
 

Hi Vrhodes,
You will need to contact HMRC to review and update your tax code.
Details of how to contact HMRC at Income Tax: general enquiries
Thank you.

Hi Louise Tai,
Please refer to guidance at Relief for foreign tax paid (Self Assessment helpsheet HS263)
Thank you.

Hi questionsam112,
As it is double tax, you will need to decide which one is not to be classed as ISA interest and to form part of your personal savings allowance.
If under £1000 is received from all non ISA accounts in they year, no tax wil be due.
Thank you.

Hi James Wigginton,
You will still be due the personal allowances for the year.
As self employed you will now need to complete a tax return, this will be issued after 6/4/24 and you will show your PAYE income and your self employment.
The return will confirm any refund that is due.
Thank you.

Hi Andrew125,
This is still being worked on and I am afraid we are unable to give a timescale for when this service will become available
Thank you.


 

Hi Grace Collett,
In the 2022 Spring Statement, the Chancellor of the Exchequer introduced a Lower Profit Threshold (LPT) for Class 2 NICS.
This means those who are filing SA returns from 2022/23 onwards and have profits from the Small Profit Threshold (SPT) up to the LPT will now no longer need to pay Class 2 NICs.
For your further information the SPT for 2023 is £6,725 and the LPT is £11,908.
To ensure these customers retain entitlement to contributory benefits HMRC will be adding 'Treat as Made' Class 2 NICs to their accounts.  This means that the year will still count towards benefit entitlement.
As your profit was between these figures, your Class 2 NICs will be ‘treated as made’.
Thank you.

Hi SueA,
I note that you have advised that you submitted a CF83 application form in August 2023 to apply to pay voluntary National Insurance contributions.  
Our International Teams are currently experiencing a high volume of queries at the moment and are currently dealing with queries received in March 2023 so, unfortunately, there will be a delay before you receive a reply.
Thank you.

Hi Steve Ashworth,
The transportation only of these structures to site would not be within the scope of CIS.
However, where there is an element of construction around the process, such as the installation of any services to the units, then this is likely to be within scope.  
This is covered at CISR14100, which refers to prefabricated structures. Appendix C of the CIS340 is also relevant here.
The mobile homes are delivered and are subsequently connected to amenities such as power and water supply and are therefore caught under a ‘supply and fix’ arrangement – see CISR14220.  
Another consideration is that if any part of that contract includes construction operations (assuming the delivery and utility connectivity work is part of the same contract from the same supplier) then both elements would subsequently be caught under a mixed contract– see  CISR14030.
Thank you.