HMRC Admin 20 Response

Hi LSB@UKtax,
You will need to contact the self assessment helpline on 0300 200 3310 or the self assessment webchat facility at Self Assessment: general enquiries, to progress chase your UTR number.
As you will need to submit paper tax returns, you will be able to contact the self assessment orderline at Self Assessment: forms ordering as well as download and print off SA109 from Self Assessment tax return forms.  
The submission of paper tax returns will not change, only the way in which they can be ordered.  The due date for paper tax returns was 31 October.  Any tax returns received after that date, may be charged a late filing penalty.  
Penalties can be appealed, by submitting form SA370 (Self Assessment: appeal against penalties for late filing and late payment).  
Appeals will only be considered after the tax return is submitted.
Thank you.
 

Hi winglam,
We are unable to advise you in this forum.  
You will need to contact the self assessment helpline on 0300 200 3310 or the self assessment webchat facility at Self Assessment: general enquiries
Thank you.

Hi djrl,
You would be best placed to amend your 2021/22 tax return first, before setting against your profits for 22/23.
Thank you.
 

Hi Aditya Mukherjee,
Have a look at the guidance on private residence relief.  (HS283 Private Residence Relief (2023)).  
The period overseas may be allowable.  Have a look at example 7.
Thank you.

 

Hi Nico_Japan,
If you are completing a paper tax return, the capital gains is recorded on SA108 and where overseas tax was paid on the gain, SA106, which allows you to claim a foreign tax credit.  
If you are completing an online return, in the section "3 - tailor your return", you would choose 'yes' to the foreign income question and the capital gains section on page 1 of 3.  when you move to 4 - fill in your return, there will be a section for foreign and one for capital gains.
Thank you.


 

Hi Greg,
As you are not employed by this company, the payment you have recieved would be considered a royalty, which falls under self employment.  
You should complete SA103S, to declare the payment.  
You can also claim up to £1000.00 business income allowance, if you are not claiming any expenses.  
You do not need to complete the foreign section, if you declare the royalty in SA103S, unless you paid tax in the overseas country and wish to claim a tax credit.
Self Assessment: self-employment (short) (SA103S).
Thank you.

Hi Rakan,
Yes, you need to declare UK stock dividends, as you have to declare your world-wide income in your tax return.
Thank you.

Hi Puddle Splash,
No you do not.
Thank you.
 

Hi robert lea-kime,
The portion of your income, given to your wife is still your taxable income, which you have to declare in your tax return.  
You are taxable on all of your income, even if you give some to your wife.
Thank you.

Hi robert lea,
HMRC considers foreign currency to be an asset and any gain from the exchange of currency is chargeable to capital gains.  
If your total gain exceeds the annual exempt allowance, you have until 31 December after the end of the tax year to declare the gain using the realtime transaction service at
Report and pay your Capital Gains Tax.  
Reporting after 31 December must be in a self assessment tax return, which should be in the possession of HMRC before 31 January, when any outstanding tax should also be paid.
Thank you.