HMRC Admin 20 Response

Hi,
There are no Income Tax implications on the giving of or receipt of a cash gift unless the cash gift generates interest or dividends.
These would then potentially be subject to tax. Further guidance can be found here Tax on savings interest and
Tax on dividends
You may also wish to consider speaking to Inheritance Tax regarding any inheritance tax implications. Inheritance Tax: general enquiries
The rules on giving gifts can be found here: How Inheritance Tax works: thresholds, rules and allowances
Thank you.

Hi,
As your son is buying goods for resale, with the intention of selling them for a profit, then it is likely that this will be classsed as trading.
If his total income from trading is over the Trading and Miscellaneous Income Allowance of £1000 there will be tax due on the profits.
Please see the guidance here:  Selling online and paying taxes - information sheet
Thank you.

Hi,
In order to register as a sole trader, you must register for Self Assessment.
As you have already registered for Self Assessment for another reason, you will need to register again.
The guidance here explains: Register as a sole trader
Thank you.

Hi,
Your husband can contact the ACAS helpline to discuss the issues regarding his employer. Pay and work rights helpline and complaints.
Also he should contact HMRC to discuss his tax code.Income Tax: general enquiries
Thank you.

Hi,
Without seeing the actual specifics of your tax record, it will hard for me to really provide an actual reason for this.
It could be your estimated income we hold is higher than you have stated, so it might need adjusting?
It could possibly be your tax free allowances have been split? maybe if you have a 2nd source of income? I can only apologise for the issues you have had contacting our helplines of late.
Have you checked via your PTA as you can review and amend certain aspects of your tax code using this. Personal tax account: sign in or set up.
Thank you.

Hi,
Please see the guidance here: Individual Savings Accounts (ISAs)
Thank you.

Hi,
1) That's correct.
2) That's correct.
3) If you are Self Employed, your Personal Tax Account will show a BusinessTax Account. You still only have to file a Self Assessment return, though.
4) Payments on Account may have been calculated if your Self Assessment record is still open. To confirm your Self Employment has ceased and remove
the Payments on Account, contact us by webchat or phone via Self Assessment: general enquiries
Thank you.

Hi,
It's most likely that your dividend income was covered by your Personal Allowance, so no Dividend Allowance was needed.
£1000 savings allowance was deducted from the £3025 of savings income (after the rest of your Personal Allowance was applied), and the Starting Rate
for Savings of £5000 was then applied to the remainder.
To confirm this, contact us by webchat or phone via Self Assessment: general enquiries
Thank you.

Hi langers1974,
If your total income, including your bonus, does not exceed £150,000 in 23/24, you will not have to complete a Self Assessment tax return.
From 24/25, you do not need to complete a Self Assessment return, regardless of your level of income, if you have no other Self Assessment criteria.
To accurately update the amount of income your tax code is based on, and for more advice on how your tax code works, contact us by phone
via Self Assessment: general enquiries
Thank you.

Hi, 
Yes, trust income would affect the recipients Adjusted Net Income Personal Allowances: adjusted net income
Thank you.