HMRC Admin 20 Response

Hi John8197340217,
Although you are the legal owner of the property in Brazil, your father is the beneficial owner, so he is taxable on the property income in Brazil.  
There is no tax liability in your father sending you sums of money into your bank account from Brazil.  
If that money generates interest in your bank account, then the interest is taxable and should be declared.  
We cannot comment on the purchase of a second property in the UK.  If the property is rented out, then you would meet self assesment criteria and
would have to declare the UK property income in a self assessment tax return.  
Any money your father sends you would be considered a gift for tax purposes.
Thank you.

Hi yvonne.cook
It depends on how much of the basic rate band is left. please refer to Income Tax rates and Personal Allowances for the limits for each rate.
Thank you.
 

Hi Cathy Kwan,
Yes.  
Royalties are a form of self employment and should be declared on SA103 as part of the tax return, even if the royalties are from overseas.  
If the royalties from overseas have tax deducted in another country, you would also complete SA106 and claim a tax credit of up to 100% of the overseas tax paid.
Thank you.

 

Hi CATHYJAY JONES,
As its a UK pension it will automatically be taxed here for you then to claim it back via a double taxation relief claim
- Double Taxation: Treaty Relief (Form DT-Individual)
Thank you.

Hi Filbert79,
as the house is owned by the mother, any potential capital gains would be due by the mother unless she had signed over beneficial interest to the daughter. if this applies, as the house has been the only and main resdience. full residence relief would negate any gain.
Thank you.

Hi johnhastings,
Your UK employer would need to apply for a direction to operate PAYE on an employee's earnings.  
Your employer can apply online at Apply for a direction to operate PAYE on an employee's earnings.  
Where the criteria is met, we can advised the employer how to treat tax deductions.  
If a S690 claim is approved, you will need to complete a self assessment tax return every year, so that you can declare your employment
income, including tax deducted and the income that is not chargeable to UK tax.
Thank you.
 

Hi fluffymorson Middleton,
You will need to contact the national insurance helpline regarding voluntary contributions to  your national insurance on 0300 200 3500.  
The helpline cannot advise you if you should pay the shortfall, but will help you decide if you should pay it.  
You may find some useful information at Pay voluntary Class 3 National Insurance.
Thank you.

Hi JessicaLove,
You should select yes to declare foreign income and yes to claim foreign tax credit relief on capital gains.  
You need to declare the capital gain in the capital gains section and then also in the foreign section of fill in your return.  
As you are claiming relief for capital gains payments, the relief can be up to 100% of the foreign tax paid.  
If you are being asked to choose a percentage rate, you are in the wrong part of the tax return.  
On page 2 of 2 of foreign income details, you should tick yes to "Capital gains - foreign tax credit relief and Special Withholding Tax".  
This will bring up the section on capital gains for property.  
You should then tick the box for "Residential property and carried interest", to answer the questions on property disposal.
Thank you.

Hi CGT TAX,
When completing the online PPDCGT return withing 60 days, you will have to estimate your income, to work out if any of the lower rate of capital gains tax is availble.    
Where you do not need to complete a self assessment tax return and if you discover at a later date, that you have over or under estimated your income, you can log in and
amend the PPDCGT return accordingly.  Where an amendment means the capital gains is underpaid, then there may be late payment penalties and interest, depending on
the amount of unpaid tax.  If you are required to complete a self assessment tax return, you should declare the capital gain and the tax already paid.  Any further tax due,
will be paid via self assessment and should be paid by the due date of 31 January.  Payment received after this date may be subject to late payment penalties and interest charges.
Thank you.

Hi Andrew Corner,
If you are not receiving any tax relief on your pension payments and your pension provider is not claiming any tax relief, you would declare the gross pension payments in box 2 of SA100. If the pension provider is claiming basic rate tax relief for you, you would complete box 1 on page TR4 of SA100.
Thank you.