HMRC Admin 17 Response
Joined: 1/20/2021
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RE: Capital Gains and Income tax personal allowance
Hi ,
No this would not affect your PAYE tax and Monthly Salary - the CGT is complete separate -
See : Tax when you sell shares .
Thank you . -
RE : Non resident gifting property and reporting
Hi ,
Please refer to the following Guidance - :
Tell HMRC about Capital Gains Tax on UK property or land if you’re not a UK resident .
Thank you . -
RE : Accessing documents uploaded in CGT return
Hi ,
For assistance please contact the online helpdesk :
Technical support with HMRC online services .
Thank you . -
RE : MVL, TAAR and Sole trader
Hi ,
Please have a look at :
CTM36300 - Particular topics: company winding up TAAR: contents .
Thank you . -
RE : Is buying Gilts in an offshore fund deemed a remittance?
Hi ,
A gilt is a UK Government liability in sterling, issued by HM Treasury and listed on the London Stock Exchange.
The term 'gilt' or 'gilt-edged security' is a reference to the primary characteristic of gilts as an investment: their security.
This is a reflection of the fact that the British Government has never failed to make interest or principal payments on gilts as they fall due.
See (: Gilt Market /).
Thank you . -
RE: Capital Gain tax rate when remitting sale of foreign shares
Hi ,
UK capital gains rates would apply.
For all gain types other than residential property, the rates are 10% and 20% up to 30 October 2024.
After this date, they increase to 18% and 24%.
Residential property gains would be taxed at 18% and 24%.
Where the remittance basis is claimed, the annual exempt allowance cannot be claimed.
Thank you . -
RE: Real time capital gains tax return
Hi ,
No. There is no facility available for an agent to submit their client's capital gains tax realtime transactions gains online (CGTRTT).
Your client either creates their own CGTRTT account and report the gains themselves or they declare the gains in a self assessment tax return.
Thank you . -
RE: P45 and self assessment
Hi ,
To advise you on how to progress this with your employer, and also on how to update your return,
we may need to clarify some of the detail in your query, and access your record.
To allow us to do this, contact us by webchat or phone via :
Self Assessment: general enquiries .
Thank you . -
RE: Adjusted net income pension calculation
Hi ,
Yes, both would be £90,000.
Thank you . -
RE : Basic PAYE Tool Submissions Tmes out
Hi ,
Please call Online Services Helpdesk on 0300 2003600 .
Thank you .