HMRC Admin 20 Response
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SAYE Scheme and transferring to an ISA
Hi RyanStobo,
Please have a look at the guidance at section 3 for SAYE shares for guidance on what happens when you sell the shares or transfer them to an ISA account.
Tax and Employee Share Schemes
Thank you. -
RE: Reimbursed expenses
Hi AKL,
You can only claim them once so if already claimed on the company accounts for the 22/23 tax year, you cannot claim them again. you would need to then choose where you are claiming them for future years.
Thank you. -
RE: Income from Spanish Villa Tax already paid but how to deal with it tax return and not be taxed
Hi Rob Graham,
You need to declare the £1000 as income and then claim the £240 as foreign tax credit relief.
If the UK tax is less it will be limited to what that is.
Thank you. -
RE: Not sure whether I need to do self-assessment
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RE: Income Tax Confusion
Hi Scrumpyjack72,
We would need to access your record to check/update your tax code.
You can conact HMRC at Income Tax: general enquiries
Thank you. -
RE: Professional bodies fees
Hi Luc Luc,
On the employment page when you answer yes to the question Do you wish to claim any employment expenses or capital allowances while working for abc ? This will open the expenses section to claim for your professional subscriptions.
Thank you. -
RE: Income tax due on ESOP from US share exercise
Hi john_linfoot,
You will need to call in to provide more information on this on 0300 200 3310.
Thank you. -
RE: Child Benefit Charge Help - Confused and Anxious Parent
Hi aberdad2023,
I am sorry but as you have missed the 30 December deadline for collecting the balance in the 2024/25 code we would not be able to collect in your tax code.
If you are unable to pay the balance as a one off payment by the due date 31 January 2024 then you can check if you can set up a payment plan online at:-
If you cannot pay your tax bill on time.
You can also call our helpline 0300 200 3822 Monday to Friday 8am to 6pm.
Thank you. -
RE: applying UTR online
Hi Frankie Doh,
If still not received your UTR you will need to contact HMRC to review Self Assessment: general enquiries
Thank you. -
RE: Underpaid tax for earlier years
Hi Greg B,
If an underpayment of £200 from an earlier tax year was collected in your 2022/23 tax code then this is included on your tax return as this is part of the tax deducted at source.
You are not paying it twice as you get credit for the tax paid at source on your calculation.
Thank you.