HMRC Admin 20 Response

Hi soluble,

You need to ascertain if you class yourself as a business -
BIM22015 - Meaning of trade: exceptions and alternatives: betting and gambling - introduction

Thank you.

 

Hi Jeannie WK Yuen,

If you left the property more than 9 months ago, full private residence relief will not be available - HS283 Private Residence Relief (2023).
For remittance, please refer to - Remittance basis 2023 (HS264

Thank you.

Hi Ksenija Kolerovic,

As it is in a personal account, any interest generated would be seen as your income and form part of the personal savings allowance and you would need to declare
it as your own and not the fund.

Thank you.

Hi Pierian,

HMRC do not refund foreign tax.
You can only get a credit in resepct of the UK tax that would be due on the income and any excess would need to be reclaimed from the foreing authority.
Due to the level of income received, you need to declare this on a self assessment return -
Tax on foreign income

Thank you.

Hi Minty,

Any issues regarding the P45 would need to be raised with the employer.
The details should still reach your record with HMRC even if the date of birth is wrong.

Thank you.

Hi Paulburks,

If they are deducting tax and NI, then this will be submitted on P60/P45 and as such compliant with HMRC.

Thank you.

Hi questionsam112,

You will need to decide which one to keep and close the other. HMRC will contact you in due course.

Thank you.

Hi I

This income is only liable in Hong Kong and should not be declared in the UK.

Thank you.

Hi krypro,

You will need to check with your accountant to see what informatoin has already been provided, if no CGT declared, this will now need to be submitted.

Thnk you.

Hi I,

If you are likely to earn self-employed income during the current tax year, you should register now for self assessment.
In the event that you in fact earn no self-employed income and incur no expenses, you should complete the Self Employment pages (SA103) accordingly.
Register for Self Assessment

Thank you.