HMRC Admin 20 Response
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RE: Wrong tax code in previous job
Hi,
If you have no more live employments and think you will not be receiving any more taxable income in the near future, you can apply for a in year tax repayments using this link -
Claim back Income Tax when you've stopped working (P50)
If you think you will be starting employment again soon then it will be easier to deal with it via your new employer.
If that is the case once you have receievd your first pay you can contact HMRC so we can review the information we hold for the year and issue a new code to them.-
Income Tax: general enquiries
Thank you. -
RE: Who is liable for Capital Gains Tax on proceeds of a house sale?
Hi,
As the will specifies the 5 children, each child needs to report their share of the gain.
Thank you. -
RE: Claiming overseas flights as a business expense
Hi,
It can have an intrinsic duality of purpose - see BIM37935 - Wholly and exclusively: expenditure having an intrinsic duality of purpose: travel between home and work
Thank you. -
RE: Savings allowance and Capital Gains
Hi,
No capital gains is seperate and not included for this sscenario.
Yes dividends count as other income.
Thank you. -
RE: CGT - gift property share to brother
Hi,
Your sister may be liable as it has not been her main residence for the whole period of ownership.
Please refer to - Capital Gains Tax: what you pay it on, rates and allowances
Thank you. -
RE: Tax relief on self employment earnings put into SIPP
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RE: Dual residence tax return
Hi,
If your residence is showing you as UK then you need to declare your worldwide income.
Thank you. -
RE: gift/ inheritance tax
Hi,
Please refer to How Inheritance Tax works: thresholds, rules and allowances or telephone 0300 123 1072
Thank you. -
RE: Tax implication on cash gift
Hi,
There are no tax implications on the giving or receipt of cash gifts, but you may wish to speak to inheritance tax regarding any inheritance tax implications
How Inheritance Tax works: thresholds, rules and allowances.
You may also want to review the guidance at
How Inheritance Tax works: thresholds, rules and allowances Rules on giving gifts.
Thank you.
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RE: Split year treatment
Hi,
Split year treatment does not require a claim.
If you are eligible, it applies automatically and cannot be disapplied.
Thank you.