HMRC Admin 17 Response
Joined: 1/20/2021
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RE : ISA Interest Being Treated As Part Of My Annual Allowance
Hi ,
As you are taking the interest from your bank account and paying it into an ISA, it counts towards your £20,000 allowance.
If you have exceeded this allowance, you will need to discuss with your ISA provider.
Thank you . -
RE : pension contributions higher rate earner
Hi ,
You can still amend the return for 2023.
For earlier years, you will need to send in a letter giving details of the amounts paid for each year.
The furthest back we can go is to year ended 5 April 2021 as earlier years are now out of date .
Thank you . -
RE : Basic PAYE Tools - how to transfer from one device to another
Hi ,
If this is to access the online services please contact our online services helpdesk on 0300 200 3600 .
Thank you. -
RE : Self Employment?
Hi ,
You would treat this as other earned income and as you are not treating it as self employment
you cannot claim the trading allowance .
Thank you . -
RE : Capital Gains on LTI Shares
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RE : Loan from parent living abroad
Hi ,
This would be seen as a cash gift and not liable to tax.
You do not need to declare this .
Thank you . -
RE : Dual tax on income in Switzerland
Hi ,
This forum is for general queries only and is intended to help you self-serve.
We are unable to provide specific advice tailored to individual circumstances.
Please therefore refer to :
Tax on foreign income or telephone 0300 200 3310 .
Thank you .
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RE: Accidental ISA Exceed - next steps?
Hi ,
If you have oversubscribed in the current 2024/25 tax year, you can contact your ISA provider to instruct them -
If the error occurred in a previous tax year, then you should not do anything.
HMRC will write to you after the end of the tax year in question if appropriate - :
Individual Savings Accounts (ISAs) .
Thank you .
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RE : Cessation of Carers Allowance.
Hi ,
We should receive confirmation of this, with your tax code updating within a few months of the change.
If your code still remains unchanged, contact us by webchat or phone via :
Income Tax: general enquiries to allow us to update it for you.
Thank you . -
RE : Payments on account based on transitional period
Hi ,
Yes you can still adjust your payments on account.
However, when you submit your 24/25 return and your profit is more then the reduced payments
(the excess part for the reform period is not accounted for here) then you will still be charged interest if paid late .
Thank you .