HMRC Admin 20 Response

Hi,
As the holiday let is jointly owned, I would advise a Declaration of Trust would be sufficient to declare beneficial interests in the property, alongside a
Form 17 outlining the split in rental income.
As this forum relates to income from property and expenses, I would suggest contacting the Stamp Duty department directly for more in-depth advice.
Thank you. 

Hi,
It is possible to carry forward losses to a future year, however, please be noted that losses must first be declared to HMRC within four years from the end of the
tax year that the losses arose in, as well as must be offset against profits at the earliest opportunity, so cannot be stored to reduce tax liability at the expense of an earlier profit.
Thank you.

Hi,
Sideways loss relief is not permitted when you use the cash basis of accounting.  
You can only carry the loss forward and use it againt a profit from the same trade in a future tax year.  
Please have a look at the guidance at Cash basis
Thank you.

Hi,
For assistance you can call or webchat the online helpdesk at Technical support with HMRC online services
Thank you.

Hi,
As an in year capital loss is used before any annual allowance, there may not be any capital loss still available to use. you will therefore need to check your figures to see what was reported to ascertain if there is anything that can be carried forward and used in 23/24.
Thank you.

Hi,
You will need to break everything down into tax years and claim for the expenses in each tax year.  
You cannot lump them all together and claim in one tax return. 
Thank you.
 

Hi,
Any interest arising from the excess in the ISA, would be declared as untaxed interest, along with any other untaxed interest and declared on a self assessment tax return, if you are required to complete one, or in witing to HMRC, if you are not not.
Thank you.
 

Hi,
This question is asking if you were a PAYE employee, working for a PAYE employer where tax is deducted at source.
As you were a sole trader, you can answer 'No' to this question (unless you did have any periods of PAYE employment in that year).
Thank you.

Hi,
You would need to contact us direct for anything to be issued on 0300 200 3300.
Thank you.

Hi,
You would be liable on your share so if you have reported 100% value then you will need to amend the details you have submitted.
Thank you.