HMRC Admin 20 Response

Hi Neoaus,

By default, the UK taxes an individual's world-wide income and capital gains on the 'arising basis'.  
This means that the income / gain is taxable in the tax year in which it arises.  
Some individual's who are resident in the UK but not domiciled in the UK, can elect to use the 'remittance basis', instead of the arising basis,
although this option does not suit everyone.
Everyone who is resident and domiciled in the UK, can only be taxed using the arising basis.  
If you are not claiming the remittance basis, then being domiciled or not domiciled in the UK, will not alter your tax liability.  
Have a look at section 9 of RDR1 (Residence, domicile and the remittance basis: RDR1).  
You can contact HMRC to correct your tax return, by writing to
H.M. Revenue and Customs
Self Assessment
BX9 1AS,
telephone 0300 200 3310 or use the webchat facility at Self Assessment: general enquiries

Thank you.

Hi L lyluk2023,

Your questions would suggest that it was your intention to reside in the UK and perhaps take up employment etc, in 22/23, rather than be here for a holiday for example.
If your were in the UK for a holiday and earned no UK income or capital gains while here, then you would not need to register and submit a self assessment tax return.  
However, if it was your intention to remain in the UK, you would still be required to undertake the residency tests.  If after doing that, you are considered to be not tax
resident in the UK for the whole of 22/23 tax year and you had no UK income or capital gain in the 22/23 tax year, then you would not need to complete a tax return.  
The residency test can be found at RDR3 Statutory Residence Test.
 If you are considered resident in the UK, then a tax return would be required.

Thank you.

Hi Katriona McEwan,

There are no income tax implications on the giving of or receipt of a cash gift unless the cash gift generates interest or dividends.
These would then potentially be subject to tax.  Further guidance can be found here (Tax on savings interest andTax on dividends).  
You may wish to consider inheritance tax implications where the cash gifts exceed £3000.00 in a tax year.  
(How Inheritance Tax works: thresholds, rules and allowances).  


Thank yout.

Hi StockOptions821485,

Q1  was answered and you were referred to ERSM20192 with the appropriate link.  
Q2  yes

​​​​​​​Thank you.

Hi Bob Jones,

If the same platformx, this treatment applies as it is one overall cost.

Thank you.

Hi Asaf Fialkov,

We would need to check your records to review the tax calculation and overview and would only be able to send copies by post.
You would need to contact HMRC to review. Self Assessment: general enquiries

Thank you.
 

Hi markyB81,

If the pension contributions are paid before tax then no.
You can use the online calculator at Child Benefit tax calculator

Thank you.

Hi siusiuhak,

If you qualify for split year then you only report any foreign income for the UK part of the year RDRM12000 - Residence: The SRT: Split year treatment.
If you do not qualify then you will need to report all your foreign income to the UK Tax on foreign income.  
The guidance at RDRM12150, uk will help you work out if split year treatment applies.
As such, you can apportion the bonus payment for the income prior to arrival.
As you will only be reporting the UK part of your income, you may want to claim relief in Hong Kong for any of the UK tax paid. you cannot claim foreign tax credit relief as you are not resident for 22/23

 Thank you.

Hi Carlotta Zambon,

Details of how to request a U1 can be found at the following Get a statement of your National Insurance contributions (CA3916)

Thank you.