HMRC Admin 20 Response

Hi KY Wong,

Yes you can update by letter the address is
HMRC,
Self Assessment & PAYE,
BX9 1AS, UK.

Thank you.

 

Hi Md Faiyaz Hussain Pranjol,

To review your tax code you will need to contact HMRC. Income Tax: general enquiries

Thank you.

 

Hi hmrc_user567,

If you were no longer in Self Assessment for 2021/22 then your records would be reviewed through your PAYE records.
If you were still in Self Assessment then it will be dealt with when you file your 2021/22 tax return.
If not yet reviewed you will need to contact HMRC. Contact HMRC

Thank you.

Hi StockOptions821485,

Unfortunately you will need to call the NI helpline on 0300 200 3500, to speak to an adviser with your question regarding the Order of calculation for NI, as more information may be required.

Thank you.

Hi Barkhakhatri,

In generic terms, UK resident and domiciled individuals are subject to tax on their worldwide income and gains on an arising basis; this is regardless of the tax-exempt status in India.
The interest from the NRO account therefore needs to be declared.  Foreign Tax Credit relief is available in respect of tax deducted at source on NRO accounts.

Thank you.

Hi JR 08,

You can contact the company that issued the shares. you can also contact HMRC to do a valuation -
CG16603 - Valuation: post transaction valuation checks: information to be provided and where to send CG34

Thank you.

Hi T AY,

Yes.  At the end of the online tax return, you will be asked if you want to attach any additional information.  This is where you can attach a pdf file to supplement the figures quoted on the tax return.

Thank you.

Hi ShirleyT Tam,

Yes, The money you are receiving to pay the mortgage, would be treated as rental income and taxed as such, as that is where the property is located.  
You would need to declare the income on SA106 as well as the tax deducted in Hong Kong and claim a foreign tax credit.

Thank you.

 

Hi Mark Tang,

You are correct, as you are in receipt of income from foreign property, you would indicate this through the SA106 Foreign supplementary page unless your income from property is less than £1,000 or allowable expenses are higher than your turnover and you wish to claim relief for the loss in future years.
In addition to this, if your foreign property income exceeds £1,000, then you would complete the SA105 UK property supplementary page as well, filling in boxes 5.1 for furnished holiday lettings or box 20.1 for UK property income depending on the property type.

Thank you.

Hi DHLD,

Unfortunately, I am unable to locate TSEM1970 which you have mentioned. The guidance on settlement legislation is covered in the
Trust Settlements and Estates Manual at: TSEM4000 - Settlements legislation: .  
If you cannot find the answer to your question you can contact the Trust Office on 0300 123 1072.

Thank you.