HMRC Admin 20 Response
-
RE: How else can I contact HMRC?
-
RE: Address change in personal tax account
Hi AlexUKTax,
If the date continues to be rejected, you will need to use a more recent date for the address change.
Thank you. -
RE: Transferring personal money to UK
Hi HT2023,
Firstly, please note that there is no restriction on the right of UK residents to have offshore or overseas bank accounts.
You therefore do not have to close your existing bank accounts before you move to the UK.
HMRC requires UK residents to declare any interest arising from overseas or offshore bank accounts, but the transfer of monies from an overseas (or offshore)
bank account to the UK has no income tax implications, unless interest or dividends are generated when the monies are lodged in a UK bank account.
As regards split year treatment,detailed guidance is provide at: RDRM12030 - Residence: The SRT: Split year treatment: When will split year treatment apply
Thank you -
RE: Tax refund payments
Hi Leanne Tedstill,
Once it shows as issued, please allow up to 10 working days for it to be received.
Thank you. -
RE: Foreign Pensions - Double Tax Agreements
Hi Jon Carter,
Article 18 of the UK / Austria DTA, covers pensions.
Paragraph 18.1 advises that pensions and other similar remunerations paid to a resident in Austria, from past UK employments, shall only be taxable in Austria.
Paragraph 18.2 advises that lumpsums, including trivial commutation lumpsums paid to a resident in Austria, from past UK employments, shall only be taxable in Austria.
Thank you. -
RE: Incorrect NI on P60 form
Hi adelbibi,
If you contact our Income Tax department we can check if the employment is shown on your record.
If it is you don't need to take any further action.
You can print off an Employment History letter for the year if it is shown on your record. Income Tax: general enquiries
Thank you. -
RE: Declaration of overseas saving interest
Hi Skinny,
In answer to your questions.
1. yes that is correct.
2. you need to use the rate for the 1993 purchase price to convert to sterling and the same for selling price now, the difference is then your gain in sterling.
Thank you. -
RE: CGT calculation, incorrect probate estimated value
Hi Bobby9,
No. You need to use the probate value for working out the gain now that the property is sold -
CG16251 - Assets: checking valuations: value ascertained for probate
Thank you. -
RE: Exchange rate to calculate CGT
Hi ad,
In answer to your question:-
1. Exchange rates from HMRC in CSV and XML format
2. You will need to have receipts for any improvements carried out.
3. Report and pay your Capital Gains Tax
4. Yes you can use the calculator to see if anything is due and if so, follow guidance in answer at question 3.
Thnak you. -
RE: Foreign interest and dividends