HMRC Admin 20 Response

Hi markyB81,

The figure on the P60 would already have the amounts deducted if they were taken gross.

Thank you.

Hi sb3502,

There are approximately 167 currencies and country zones, besides Sterling.  
BIM39515 advises "Traders may use London closing rates when translating foreign currency amounts into sterling in their accounts.
Equally they may use other exchange rates, such as an exchange rate quoted by their bank, or the monthly average rates published by HMRC for VAT purposes.
You only need to query the rate of exchange used if, exceptionally, it diverges markedly from rates obtained from reputable sources of this nature".
 BIM39515 - Foreign exchange: exchange rate for tax purposes

Thank you.

Hi GK,

In some cases, yes.  
If you can verify your identity and obtain a government gateway user ID and password.  You can use this to submit a 3rd party commercial software tax return,
by 31 January each year, which you have to purchase (one that includes the residence section).  
A list of commercial software suppliers can be found at Self Assessment commercial software suppliers.  
If you are unable to verify your identity, then you cannot submit an online return.  
You will need to download a paper return and supplementary form  from Self Assessment tax return forms and submit a paper return by 31 October each year.

Thank you.

Hi tze kuen au,

The transfer of your savings from your overseas bank account to a UK bank account would have no income tax implications.
However, any interest or dividends generated may be taxable.                          
Tax on savings interest                                   
Tax on dividends

Thank you.
 

Hi Emma Venturi,

If you are unable to get the information you won't be able to make the claim. The details are not stored on individual records.

Thank you.

 

Hi Michael Robinson,

You should not enter a zero payment if there is no payment to report as this can result in incorrect tax refunds being calculated. If you are not paying an employee, you would not complete a Full Payment Submission (FPS). If there are any full tax months where you do not pay any employees, then you need to complete an Employer Payment Summary (EPS) to report a period of inactivity/no payments to employees.

Thank you.

Hi Vinwic,

It may depend on what software you are using.
If you are using HMRC's Basic PAYE Tools, then, yes, an EPS will be generated when you complete the 'Final Submission for the Tax Year' declaration.
If you are using a third party software, you should contact your payroll provider for advice. 

Thank you.
 

Hi Julie Searles,

The vouchers and function are dealt with separately.  

Vouchers:  if these do not meet the conditions below of a Trivial Benefit, then they are fully taxable
- it cost you £50 or less to provide
- it isn’t cash or a cash voucher
- it isn’t a reward for their work or performance
- it isn’t in the terms of their contract  

As you have said this is to recognise a work achievement, I do not believe the third conditions could be met.

Social functions do not need to be reported where they
- are open to all your employees
- are annual, such as a Christmas party or summer barbecue
- cost £150 or less per person

Thank you.

Hi Julie Searles,

As per Paragraph 1.18.2 from CWG2 - Further guide to PAYE and National Insurance contributions:  Errors in FPS submitted in the previous tax year, if you discover that you’ve not submitted an FPS or you’ve reported incorrect year to date figures, you should submit an additional FPS with corrected year to date figures as at 5 April for the previous tax year.

You can submit to corrections to the original FPS information for up to 6 years after you filed your original FPS or EPS.

This applies where you have overdeducted National Insurance.  When the additional FPS is processed, the employer record will be credited with the amount due to be repaid.  The employer can self-serve by reducing their next payment to us, and use the withheld amount to repay the employee.  Alternatively, the employer can ask us to refund the payment to them and use this to refund the employee.  The latter option will however take longer.

Thank you.