HMRC Admin 20 Response

Hi Michael Turner,

The advice we would give to you query has many different strands, in addition to the ones you outline.  
On this ocassion, I would recommend you call the Employer Help Line on 03002003200.  
Our advisers have guidance specific to all the different strands.

Thank you.

Hi NS,

Yes, you will need to wait for the SA helpline to re-open.
The helpline closed on 12 June for approx. 3 months.

Thank you.

Hi sevenilu,

Yes, income from foreign property should be reported via the foreign income pages SA106 .
The guidance on page FN11 of the SA106 notes should be followed.

Thank you.

 

Hi Cardinal,

Commonly foreign income and gains are ‘remitted to the UK’ if they (or something deriving from them) are:
brought to, or received in, or used in the UK by you or another relevant person
brought to, or received in, or used in the UK for your benefit or that of another relevant person
used to pay for a service provided in the UK to you or another relevant person
used to pay for a service provided in the UK for your benefit or that of another relevant person
used outside of the UK for a relevant debt in the UK
A remittance will not only occur if you remit the actual or original foreign income and gains to the UK.
You will also make a remittance if you remit something that derives from them to the UK.  
From this, the remittance doesnt need to be from a bank account                                                                                                                                                                                                                       
Thank you.
 

Hi Ana,

You need to declare the sale as this is a capital gain in the UK. you would be able to claim foreign tax credit relief for the Spanish tax paid to
reduce any potential UK liablility - Tax when you sell property

Thank you.

Hi Hasan Ghaffoor,


Please refer to Gift Hold-Over Relief which includes the link to the HS295.

Thank you.
 

Hi Sn00py42!!,

You will need to set up a new personal capital gains account - Report and pay your Capital Gains Tax

Thank you.

Hi Kar Man Kwan,

Yes the income is liable to income tax as it is taxable income and you may not be entitled to personal allowances.
Further guidance is at Tax on your UK income if you live abroad

Thank you.

 

Hi Ali,

If you select yes then the return can be amended by the Student Loans Unit within HMRC.

Thank you.

Hi mountainsandhills,

The interest should already have been declared as foreign income and would form part of the personal savings allowance to be added to any UK interest received.

Thank you.