HMRC Admin 20 Response
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RE: Inheritance tax gifts if under 325k
Hi,
Inheritance tax is a tax on the estate (property / money / possessions) of someone who has died.
There is normally no inheritance tax to pay if the value of the estate is below the threshold of £325,000.
Inheritance tax is only due when a person's estate is worth over £325,000 when they die, or if the person who died gave away more than £325,000 in gifts in the 7 years before they died.
Gifts made in the last 7 years before someone dies, use up the £325,000 tax free allowance first, but if the gifts received are less than the £325,000 inheritance tax free allowance, any unused threshold can then be used by the estate of the person who has died.
If the person who died owned their home (or a share in it) the tax free threshold could be increased to £500,000.
You can find out more information here:
Work out Inheritance Tax due on gifts
Thank you. -
RE: Is CA3822 needed for very short term business trip?
Hi,
Without an A1 you will be liable to pay Social Security contributions in the other country.
If business trips are regular you may be eligible to receive a multistate A1, which can cover you for up to two years, for all the countries specified.
To look into this further, you should visit Apply for a certificate to confirm you pay UK National Insurance when working in 2 or more countries (CA8421)
Thank you. -
RE: UK Non Tax Resident - The 5 year Rule
Hi,
We can only provide general information / guidance in this forum.
For an answer to a detailed question of this nature, you would need to contact our self assesment helpline on 0300 200 3310, or contact our webchat facility at Contact HMRCc or seek professional advice.
Thank you. -
RE: Self Assessment - High Income Charge
Hi CMcM2024,
To confirm the progress of your Child Benefit application, contact our Child Benefit department by webchat or phone via Child Benefit: general enquiries
Thank you. -
RE: How to manage someone's tax account online as Power of Attorney
Hi Rosamund,
I am sincerely sorry to hear of the issues you've experienced in trying to contact us and register your power of attorney - we genuinely appreciate everything you're doing
to help declare your mother's self-assessment information.
If your Power of Attorney document has not been returned to you yet, please contact us by webchat, post or phone via Self Assessment: general enquiries and we can arrange
to have it sent to you immediately.
Thank you. -
RE: HMRC Ignoring SATR Charing Tax through PAYE
Hi,
If the £1900 calculated is from PAYE and for the 23/24 tax year, it's most likely that you didn't inform us that you intended to submit a 23/24 return prior to filing it, and that we hadn't requested one.
If a return wasn't expected, our systems may not have had enough time to stop your regular PAYE calculation being produced.
The difference in amounts owed is most likely down to the difference in figures you submitted in your return, and those declared via PAYE by your employers and pension providers.
To allow us to confirm this, contact us by webchat via Self Assessment: general enquiries
Thank you. -
RE: Collection of self assessment tax through PAYE tax code
Hi,
No - you will still need to pay your Payments on Account, these cannot be coded.
Payments on Account are predictions of the tax that you will owe for the tax year that is ongoing or just finished, and should ideally be paid from money you have set aside to pay for that year's tax.
Thank you. -
RE: Self assessment for building society interest following bereavement
Hi,
If the untaxed savings interest is more than £10,000 then this is Self Assessment criteria and a tax return will be due.
Your mother can register at Register for Self Assessment if you are not self-employed
Thank you. -
RE: Email contact with HMRC
Hi Jennbernal28,
You can opt to have the cheque reissued to a nominee of your choosing.
Write to us at
Pay As You Earn and Self Assessment,
HMRC,
BX9 1AS,
confirming who you would like the cheque issued to.
Thank you. -
RE: Capital gain last year and total loss of that gain in current year
Hi,
You will report the loss in your tax return for the year it is applicable but losses cannot be carried back to offset against previous gains.
Thank you.