HMRC Admin 20 Response

Hi,
Since 6 April 2017, you need to have been resident outside the UK for 10 consecutive tax years before you can access a QROPS pension (before April 2017, the requirement was five consecutive tax years).
However, even if you satisfy the 10-year rule, you may still fall under UK tax rules if you withdraw from a QROPS within five years of switching from a UK-based pension.  
Further information is at Tax treatment of QROPS
Thank you.

Hi,
The guidance clearly states that the property must be purchased with a mortgage in order to qualify.
Other types of loan/finance are not allowed.
Thank you.

Hi,
As you have in year losses that are being used, this needs to be reported.
In year losses need to be used before any of the annual exempt amount.
Thank you.

Hi,
Your calculation is correct, including your assumption about your P11D benefits being included in your calculation.
This is confirmed here - Personal Allowances: adjusted net income
Thank you.

Hi,
You used the correct reference for paying from an overseas bank account so your payment should be with us, it might just take a little longer to be processed.
However please contact our helpline so we can check to make sure your payment is there and ready to be allocated to your account.
Please find our contact details below:
Number
0300 200 3500
Text Relay
18001 0300 200 3500 (Text Relay)
Overseas
+44 191 203 7010
Open
Monday to Friday: 8am to 6pm
Closed on Saturdays, Sundays and Bank Holidays.
Web Address
National Insurance: detailed information
Thank you.
 

Hi,
Juvenile credit years will be counted when someone’s State pension is calculated.
If some was born before 6th April 2010 they should have 3 years’ worth of juvenile credited years.
The tax years in which you turned 16 17 and 18 years of age.
The minimum amount of qualified years a person needs to get a UK state pension in 10, so if someone has 10 years qualified and 3 of those are from juvenile credits they would be entitled to the UK state pension.
Juvenile credit years should not be ignored when looking to make voluntary National Insurance payments.
For the best advice on making voluntary National Insurance payments, how many years you need to pay, which years to pay for etc, you must speak to the Future Pension Centre.
Please find their contact details below:
Number  0800 731 0175
Text Relay  18001 0800 731 0176
+44 191 218 2051
Welsh  0800 731 0453
Overseas  +44 191 218 3600
Address
The Pension Service 9
Mail Handling Site A
Wolverhampton
WV98 1LU
United Kingdom
Open
8.00am to 6.00pm Monday to Friday
Web Address
Contact the Future Pension Centre
Thank you.
 

Hi Sharon2,
The following weblink will take you to paying your voluntary class 2 National Insurance contributions from an overseas bank account:  
Pay Class 2 National Insurance if you do not pay through Self Assessment
Thank you.

Hi,
Because each individual has their own individual 'annual maximum' there is a formula used to calculate the maximum NICs a customer is required to pay in any one year.
The formula to calculate the annual maximum is laid down in legislation under Reg 21 of Social Security (Contributions) Regulations 2001 for Class 1 and/or Class 2 NICs combined and Reg 100 for Class 1 and Class 4 combined.
It is possible if you have paid a considerable amount of Class 1 (PAYE) NICs, then your Class 2 liability would be reduced.
If you want to have this checked, you will need to contact the NI helpline on 0300 200 3500. Lines are open 8am – 6pm Monday to Friday.
Thank you.

Hi,
A declaration of trust is usually a statement by the legal owner of property that s/he holds the beneficial interest for someone else, S/he is not transferring the legal title.
The beneficiary has an equitable interest created by the declaration which can be enforced by the courts. The donor/trustee does not need to register the trust with the Land Registry, nor does the document require delivery or a witness to signatures.  
Although there is no legal requirement for a declaration of trust to be made by deed even where more complex trusts are created, in practice such trusts are usually created by deed.
In a trust or settlement deed, rather than the legal owner declaring that s/he holds the beneficial interest for someone else, s/he may appoint trustees of the property, and set out the trusts on which it is held in the trust deed.
In this scenario, the legal owner will also need to transfer the legal title in the property to the trustees by whatever means is appropriate for the particular property. For example if the trust relates to land, the legal owner will need to complete a land registry transfer to the trustees.
A document is not a deed unless it makes clear on its face that it is intended to be a deed by the person making it, whether by describing itself as a deed or expressing itself to be executed or signed as a deed.
Thank you.