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  • foreign income

    If I help a student in UK to have tutorial. But their parent pay the money in HKD to my HK bank account. Then I need to put this income into the foreign income, or just use the currency rate to change it back into same amount of GBP and add it into my general income?
  • interest tax

    If my mum have a bank account in Hong Kong. She is above 60 years old. She doesn't have the online banking. She only remember there is about 5000HKD, around 500 pound in there. She don't know how much interest or even maybe no interest are there, because she forget that is saving or current account. And she already have no contact with that bank. Then does she need to do the self assessment for that interest? If yes, then what amount she should put into? Thanks.
  • gift card

    If I am a self employed receive a payment 2000 from a customer in form of gift card. How should I put this payment into the tax return? As a normal income? Or put into other income?
  • partnership tax return

    I find that the SA800 has three spaces to fill the individual details. How about if the business more than 3 partners? Do I just print out more same pages of filling the individual details? Thanks.
  • SIPP

    May I know if I don't have 10 years NI contribution, then I will don't have any state pension. And if I also don't have any income after I retire, but I deposit £2880 into SIPP, then I can get £3600. Then do I need to pay tax for this £3600 earning as it had not over £12570? Thanks.
  • ISA account question

    If I have an ISA account, and I know the ISA limit is £20,000. So if I put £20,000 into a fixed ISA account. After a month let say it give me £100. Then my ISA account will be £20,100. Then it will over the £20,000. Is it ok? And then as the next interest will come from the amount more than £20,000, then do I need to pay the tax for the interest from the extra £100? Thanks.
  • Income tax loss

    May I know if I use the cash basis, and at the beginning my business as i need to invest a large amount of money, let say buy a business vehicle, buy tables and chairs, so that the expenditure is much greater than the income in the first year, can these expenses carry to the next year and claim it later? Thanks.
  • income from saving interest

    I have a job with the annual income 12300, already paid the tax and NI when received the salary. And also have interest from saving account about 4000 in the tax year. Do I need to register the self assessment and do the tax return for this interest income? If yes, what I need to do for the registration?