HMRC Admin 20 Response
Joined: 1/20/2021
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RE: Taxation for draw down on a US based IRA?
Hi,
HMRC cannot comment on future events as legislation and/or plans may change.
Thank you. -
RE: Tax deduction for furniture in working space within my house.
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RE: Acquisition price and date of unlisted foreign shares paid through UK company payroll
Hi,
You are correct for both.
Thank you. -
RE: Calculation of CGT of an inherited non-UK property sold
Hi,
It is the date your mother passed and probate will give the value.
Thank you. -
RE: Pension Carry Forward Tax Relief on Savings Income
Hi,
No to both as relief is only due in the tax year the payment is actually made.
Thank you. -
RE: income from deeply discounted securities
Hi,
No the losses are not declared as no relief is due.
Thank you. -
RE: Split year start date
Hi,
This will depend on what your actual residence status is and this is for you to determine. see guidance at RDR3 Statutory Residence Test
Thank you. -
RE: Dividend Withholding Tax
Hi,
As the dividends in question are paid by Luxembourg, you would need to take the matter up with them as to why they have not used the new rules.
Thank you. -
RE: Capital gain / loss by exchange rate
Hi,
As both the purchase and disposal price need to be in sterling then it would be reported in the same way it is just that you have made a loss rather than a gain.
Thank you. -
RE: Aportioning let time and owner occupation time