HMRC Admin 17
Joined: 1/20/2021
-
RE: Government Gateway - How to confirm identify if an Expat
Hi,
To use GOV.UK Verify, you need to have an identity document that was issued by the UK government.
This could be a passport or photocard driving licence.
You do not have to be a UK citizen.
Further information is available at :
GOV.UK Verify .
Thank you. -
RE: Split year treatment
Hi
Isaac Elizondo Garcia,
Split year treatment can only be claimed by completing a self assessment tax return (SA100) and
the residence supplementary page (SA109).
If you have a government gateway user ID and password and have created a personal tax account, you can submit the tax return online.
Alternatively, the tax return can be downloaded and printed off at www.gov.uk .
Thank you. -
RE: Gift tax for cash gift from overseas
Hi
mancn mancn ,
Please note that cash gifts from overseas are non taxable.
You may however have to declare any interest that arises when you deposit the money in a UK bank account .
Thank you. -
RE: Gift tax for cash gift from overseas
Hi
Sha Sha ,
The term cash gifts would cover any method of gifting money to an individual .
Thank you. -
RE: Annual allowance: Timing of pension salary sacrifice and employer contributions
Hi,
The relevant tax year would be the tax year in which you made the payments to the pension scheme .
Thank you .
-
RE: tax assessment for Dubai income
Hi,
If you ceased to be resident in the UK before 5 April 2022, then you would be not be liable to UK tax on your Dubai earnings after that date,
as it is a new tax year, unless you return to the UK and exceed the number of days that your ties to the UK permit.
Thank you. -
RE: Access to HMRC online services
Hi,
The planned changed from 15 June do not affect individuals.
Further information can be found at:
Problems using Government Gateway .
Thank you. -
RE: Option premium between fiscal years
Hi,
The split would be a question of fact so we couldn't answer without more info.
Please refer to CG22020 - Transfer of assets : spouses or civil partners
: jointly held assets - HMRC internal manual - GOV.UK (www.gov.uk) .
Thank you. -
RE: Accounting period after cease trading
Hi,
Basis periods and accounting periods can be different.
On cessation, the basis period begins the date after the last basis period ended and ends on the date the business ceased - see HS222 HS222
How to calculate your taxable profits (2022) - GOV.UK (www.gov.uk)
HS222 How to calculate your taxable profits (2022) .
Thank you. -
RE: Joint bank account abroad taxation
Hi,
If the money in the joint overseas bank account was transferred to your UK bank account before being used to buy the property
you would be potentially liable to pay tax on any interest arising.
See link:
Tax on savings interest .
Thank you.