HMRC Admin 17 Response
Joined: 1/20/2021
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Recalling Tax Return
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RE: Self Assessment and "payments on account" already made
Hi ,
Once the Self Assessment is processed the payments on account will be allocated against the balance due on the statement.
Thank you . -
RE: Upon what date does CGT become due (and be calculated) on a gifted property?
Hi ,
It is from the date the gift is initiated as this would be seen as the disposal date .
Thank you . -
RE : Employee Stock Option UK expat
Hi ,
HMRC cannot comment on future events as legislatoin and or plans may change .
Thank you . -
RE: CGT on Foreign Residential property sale
Hi .
You will report this in the 24/25 tax return and the due date is 31/01/2026 .
Thank you . -
RE : Earnings that attract tax relief - SIIP
Hi ,
No as this is foreign income from investments .
Thank you . -
RE: IRA tax treatment
Hi ,
It is the gain .
Thank you . -
Re-register for self assessment? Details not matching when logging into gateway account?
Hi ,
For assistance you will need to contact our online helpdesk :
Technical support with HMRC online services .
Thank you . -
RE : Income for foreign property
Hi ,
If you are UK resident and domciled, you are liable on your worldwide income even if your choice not to remit it.
As you state tax has been paid in both counties, you would need to consider if you can claim foreign tax credit relief
or reduce your UK liability - see :
Relief for foreign tax paid (Self Assessment helpsheet HS263) .
Thank you . -
RE : Estate House sale, 60-day rule & CGT